It's worth noting that a lot of work (4500+ hours in ten months of development and testing[1]) has been put into a massive rewrite of the wallet in 5.0.0. The wallet is a lot more stable than it was when you last used it, the GUI is much better, tons of old crappy code was removed, thing are more secure in general, etc. There's also much better testing of releases now too
That's fantastic to hear - while I have your ear, as a WCG cruncher I did not want to (be forced to) join Team Gridcoin in order for the work to be counted. Along with above work, has the WCG requirement to join Team Gridcoin been lifted (design altered to another method) now/as well? Teams are 50% of the fun in WCG, so the requirements for a specific team membership are unwelcome.
I was also really wanting manual reward claim (the current staking method is a lottery), I think that's still in progress reading the other comments - if I'm crunching for coin, being subject to a lottery method of when I'll get "paid" is a non starter, I want to claim my work coins when I want. The sheer fact that users with large coin are encouraged to split their stakes to increase their lottery chances of winning the stake are just crap, it's heavily biased towards HODLers and people who got in around 2016 and have a million coins - basically, the coin poor are penalized, newcomers have no hope in this staking scheme. I've always thought it was a little ponzi-scheme-like to be honest.
That's correct that the requirement to be on team Gridcoin was removed in 5.0.0. You can now earn Gridcoin from any BOINC team.
The manual rewards claim is still in the works although there's now some more specific plans in mind [1] for it than there were in the past. It's on the roadmap somewhere
[1] See this message from Jim Owens (one of the core developers) about some of what he's thinking https://discord.com/channels/211637812968161280/338020950714.... I would normally quote this instead of making you have to join a Discord, but it's rather lengthy and part of a discussion
Thanks for the update, progress! I'll dig into the last bit more, I don't Discord but I'm sure it's over on reddit or that other place people blog for coin (it's been a minute since last I was in this game). Much appreciated.
Originally the main developers didn't request any compensation for this, but yes they will be compensated in Gridcoin. The reason for this is partly that Gridcoin is really community run and doesn't have much USD or other fiat just lying around, but with the history of the foundation address (not an organization), there's a fair amount of Gridcoin that can be spent on it and other tasks
"Originally it wasn't mean to be paid by printing "money" but then they did exactly that because somehow they hand no fiat lying around."
Its useless development paid by useless coins for the sake of making the useless coins spendable to pay for the useless development.
A self-feeding nonsense system that happens to produce software that no one would actually want to pay for.
The whole system is only prevented from collapsing by the fact that some people hold on to the coins in hope of future profit and some may even buy them for that reason.
I just want to note that I meant originally for the 5.0.0 work the developers didn't request compensation, and so it hasn't been sent just yet since it the request was recent. It has nothing to do with being paid in Gridcoin or not.
> Its useless development paid by useless coins for the sake of making the useless coins spendable to pay for the useless development. A self-feeding nonsense system that happens to produce software that no one would actually want to pay for.
It's community run. There isn't really a "they" deciding anything or paying for things. It's not paid for so much as compensated. Some people have done work on it without requesting any compensation. I think you think there is a more formal system in place here than there is. The only reason there is a bunch of Gridcoin lying around in that foundation address for this is because of the transition from Gridcoin-Classic to modern Gridcoin [1] which arguably probably shouldn't have been done the way it was, but it's too late for anyone to reverse that decision from 2014.
As with the other thread, I don't think continuing this thread will be lead to very much either.
Lastly, I just want to note that for me, the reason that some of this doesn't matter as much to me personally (not that it doesn't matter at all) is because I view Gridcoin more as an addition to the science. If Gridcoin collapsed and went to zero, I still would have done something useful with my machines and helped science. I can't say that about many other coins.
[1] https://www.reddit.com/r/gridcoin/comments/im8ktw/gridcoin_5...