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RE: Update to the Gridcoin Reward Mechanism Proposal

in #gridcoin5 years ago

I just used TNGrid as an example. Even though that 46% sounds great, and, as per prorject's status site, total number of users today is 600. Lets imagine Gridcoin is half, which would leave project with 300 hosts...which sounds to me an almost "dead" project. Just compare with SETI or LHC. If GRC incentive moved 1% of gridcoin RAC to TNGrid, project would end "tomorrow".
I dont like artificial manipulation of the incentives. However, the word "incentive" itself needs to be helpful for projects needing it.

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Fair enough. Ultimately the decision would have to be voted on, and it's certainly within our power to maintain some sort of artificial incentive to crunch smaller projects if that's what we decide we want. Alternatively, we might find other ways to make sure that projects get the crunching power they need - like developing a tool that allows new users to spread their processing power equally across all projects (or something like that), or increasing education efforts so that crunchers know about the importance of the smaller projects. In general, I think that eliminating the artificial incentives eliminates a huge distraction from the actual projects themselves, which is actually one of the reasons I started writing on this topic (I mentioned this in my earliest posts regarding Gridcoin's incentive mechanism).