Byteball Leads World Community Grid THOR Challenge 2018 With The Power of Incentives
I've already written about Byteball and World Community Grid. and I've been earning Byteball for over two months. I haven't made much. I just have few dollars. But that's better than nothing and I have my self satisfaction that I helped to do real research that could end up saving million of lives down the road. You can read about the project and how to join here.
THOR Challenge 2018
It's basically just a cosmetic challenge to get more people to contribute more to the WCG project. The results can speak a lot by themselves.
This is all due to technological advancements such is Directed Acyclic Graph technoloy and excellent incentives. Just take a look at how strong Byteball team is.
World Community Grid has been around since November 16, 2004 and Byteball has only been around the project for 6.5 months. They don't even have that many members either Thee are over 754,000 active members in World Community Grid. Byteball just give you a tiny bit of crypto (you are not supposed to make profit except for price appreciation). But getting something can make it easier to give for a cause.
It's Also Making The Distribution Better
Distribution is one of the biggest problems with STEEM with its massive "Ninja Mine PoW". Byteball basically just turned their faucet into something that lead people to discover and contribute to a project that help the humanity. I've written extensively on this here
Honorable Mention: Gridcoin
They are doing the same thing Byteball is doing. The only difference is Byteball has an ecosystem with massive potential with very little competition and Gridcoin is already facing much better digital cash [rojects like Dash, PIVX, Horizen, SmartCash etc. So earning Gridcoin is not a great investment.
Thanks for the nice write-up here. And you definitely point to some important facts about Byteball and particularly the World Community Grid initiative.
Creating an incentive for byte holders to donate their excess CPU time to a good cause rather than mine PoW coins has resulted in Byteballers having donated more than 1164 years of CPU time that has been directed at finding cures for serious diseases and solutions to environmental problems.
And it's all thanks to users like you, that actively stand up and make a difference.
Nice to see you active on STEEM. You guys are so underrated and has a much better project that NANO and certainly make IOTA look like a highschool project. I've tried some of the bots and thought everything was well done. Mobile wallet is one of the best I've seen in the industry. So I think in a worst case scenario I could see X50 gains on Byteball from current prices. The only flaw I see is lack of promotion and merchant adoption like what Dash pulled off in Venezuela. Lots of people just don't know how great Byteball is. So blow your trumpet hard.
Best of Luck!
My electricity bill was expensive,
but now my machines run with 10% of cpu for the thor challenge :) i hope we win!!
We are winning with a good lead. I'm running with 60% of my CPU.
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