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by nctr
4152 days ago
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1) if the BOINC project servers were down then gridcoin would continue to function as a normal PoS coin and when they are online again you get the PoR bonus again 2) I think the BOINC foundation is very trustworthy and the advantages of contrubuting to science outweigh the disadvantages. Also BOINC itself is totally independent from gridcoin and well financed on its own for the public good of citizens contributing their computing power to science, so if they would tinker with the stats they lose their credibility and this would have consequences for them, eg. loss of fundingg or another team being funded to run the project servers, the software is open source anyway. |
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2) You can be as honest as possible, but many people still won't trust you. This is precisely why, eg., Stellar is not trusted and not embraced more widely, despite being set up as a non-profit foundation, with a charter, a voting system, being completely transparent, etc. People and companies around the world (especially those with a tendency to have anti-USA views) may not trust BOINC (hence gridcoin) because BOINC is operated in and funded by the USA. Do you think most, say, Chinese companies would be willing to fully embrace gridcoin, knowing it relies heavily on a US-based project like BOINC? No!
I can see your viewpoint though. People who care about science and who may already be BOINC users would probably like gridcoin. But most people in the world (unfortunately) don't care that much about BOINC, and when given the choice of Bitcoin or Gridcoin, they would probably go with the former (if only because of their anti-USA views, or because Bitcoin is already more widely accepted).