The Gridcoin Fireside #15 - Team Requirement Removal

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·@jringo·
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The Gridcoin Fireside #15 - Team Requirement Removal
![GridcoinFireside.png](https://cdn.steemitimages.com/DQmewuhPXKpCBRPqqzBc8b5kTNVZUdWETXxKJ7hVLCDSdqB/GridcoinFireside.png)

<center><h1>The Gridcoin Fireside #15</h1></center>
<center><h2>Team Requirement Removal</h2></center>

<center><h5>Support this podcast by donating or side-staking GRC to 
*Rx93giSUPF41y9YybSy95H59btCNVq8sVo*</h5></center>

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The Gridcoin Fireside is a participatory podcast brought to you by the Gridcoin community. It is intended to introduce and explore DLT, cryptocurrency, and crypto-economics from a science oriented perspective.

The audience is welcome to participate through voice-comms or via the discord text chat.

Join us every Thursday at 8:00pm EDT on the Gridcoin [discord](https://discord.gg/jf9XX4a) server.

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<h5>Join</h5>[![](https://steemitimages.com/50x50/https://cdn.steemitimages.com/DQmeHoBtr3XeZFohDeh6n8XzKYmxejE7DoHWNYCm8qRaBNn/image.png)](https://discord.gg/jf9XX4a)</center>

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![](https://cdn.steemitimages.com/DQmUqRcA5mNes35BUb1Ca62MTpwqaUqB3b25YEQpzHS4b44/image.png)

<center><h1>Recorded on August 1st</h1></center>

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<h2>Team Requirement Removal</h2>

This week we discuss removing the Gridcoin team requirement.

You will hear what the team requirement removal means for Gridcoin, how it will be implemented, and a whole discussion on its economic effects and how we might build a full economic system in the future.

|Time|Subject|
|---|---|
|1:30|**News**<br>[Proposed Updated Whitepaper](https://steemit.com/gridcoin/@jringo/update-1-updated-white-paper-proposal)<br>[BOINC Workshop Reimbursement Poll](https://gridcoinstats.eu/poll/boinc_workshop_reimbursement_poll_-_outreach)<br>[Light Sail 2](https://www.cnet.com/news/lightsail-2-mission-declares-success-as-it-sets-sail-on-sunlight/)<br>Mysterious Binary System|
|13:30|Team Requirement Removal|
|15:00|What is the Team Requirement Removal?|
|16:15|What are BOINC teams?|
|18:15|Opening Discussion|
|19:30|Why didn't we remove the team requirement earlier?|
|24:25|Rolling out the team req removal|
|32:45|Testing the team requirement removal|
|35:35|How will the team requirement affect the economics of Gridcoin|
|45:00|Building a protocol defined economy|
|51:00|Knobs, Levers, and Friendly Forks|
|1:19:50|Closing Thoughts|


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<h2>![Project Brief.png](https://cdn.steemitimages.com/DQmauJCMhs7occ39zwRkYoy3LeFU1d1r4EStVSV88eBKTYv/Project%20Brief.png)Project brief</h2>

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There was no Project brief this week, but join us next week for @delta1512's return!

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<h1>What is Gridcoin?</h1>

Gridcoin is a multi-incentive permissionless blockchain initiated in 2013. It mints and distributes cryptocurrency in relation to the processing power a network participant directs toward data-driven analysis and scientific discovery, as well as through a proof-of-stake reward mechanism. The Gridcoin blockchain monitors processing contributions to the Berkeley Open Infrastructure for Networked Computing (BOINC). BOINC hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and CERN, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists. Access to Gridcoin's computation resources is free, while computation contributors are incentivized with cryptocurrency minted by the Gridcoin protocol.

<h1>Want to Learn More?</h1>

Website: https://gridcoin.us
Discord: https://discord.gg/jf9XX4a
Steemit: https://steemit.com/created/gridcoin
White Paper: https://gridcoin.us/assets/img/whitepaper.pdf

-- Github --

Codebase: https://github.com/gridcoin-community/Gridcoin-Research
Community: https://github.com/gridcoin-community
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