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RE: Gridcoin Issue Breakdown: "Wealth" Disparity

in #beyondbitcoin7 years ago

Yeah - we'd have to write the algorithm in a smarter way than I described it. But you're right, almost any way you slice it, if I am running 4 computers I would have an incentive to have 4 different CPIDs and wallets running. I suppose the PoR algorithm could be written to compensate for that fact, but I admit I don't have all the answers right now.

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I think the answer is to leave it as it is. The day my mag drops to less than 1 will mean Gridcoin has achieved its primary objective in getting as many machines crunching for science as possible.

I would like to think the price would rise anyway because people would not be willing to sell their GRC for less than the cost of electricity and there would be more users needing to purchase to help them stake.

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