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RE: Project incentives, open idea and open discussion

in #gridcoin7 years ago

"I know that there are a lot of problems connected with this idea" Why not share them with us immediately?

I like the idea but what about the flaws it introduces?

Things I think of:

  1. Suppose only one project falls in Group 1 and 50 in the other groups. That would mean a significant change from today. It would mean gridcoin basically choose to favour that one project a lot. This is a situation that might occur unintentionally. Say you start with 10 projects in Group 1 but later on 9 get removed.

  2. Some projects might be on the edge. What for example with SETI? I'm just joking a bit but what if SETI found aliens are going to threaten us? What's the category?

I'm not too fond of the groups idea. Not saying I have a better solution. Maybe more of giving projects a weight?

There is also another point to think of when setting up such ideas. Not all projects reward in the same way. At the moment I'm thinking of ways to get a prediction of the current rewards for each project. Hopefully I can present some results in the near future.

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The bigger problem is only indirectly also in your statement. How to come to that grouping ? Seti maybe for me purely informational but for others a clear candidate for group 1.
Nevertheless I never said this idea is perfect or we should directly head that way. I just wanted to start discussionsHi @jefpatat Well mostly I wanted to present the ideas not the problems with it. But the main one you have already found the grouping thing does not react very well to changing projects and it also would be very strange to have let's say maybe just one project in group 1 which would mean that 50% of all gridcoins would be moved there ..

Please, don't view my comment as offensive or a way to make your idea look as ridiculous. I only want to add to the discussion.

I'm also interested in looking for ideas to improve the system but I learned one thing so far. The current system is not good but finding something better that doesn't have other flaws is not easy.

I'm very willing to discuss and share my opinion. If you please feel free to contact me on slack.