Topic: ║ANN║GRID║GridBit║ Decentralized Grid Storage ║Beta release soon║ X13 POW + POS! - page 21. (Read 29903 times)

wow,if you said is true,you may kill storj

X，can't miss this.

How is this different from what Storj, Maidsafe and Ethereum are doing?

I did
Countdown gif is linked to altcoincalendar

To altcoincalendar add the link of this bitcointalk topic 

as the previous person said you should encrypt your wallet.dat for every coin you've got on your PC. If you do so you will never fear that somebody would steal your coins. Just make sure your password is hard enough to not get bruteforced.

I am worried about this,too.

Just encrypt your wallets

Is this open source?
How can I be sure that what ever soft ware your using for this will not penetrate my main hard drive and grab my wallet.dat files from other wallets. 

any pools joining yet?

GridBit is now on altcoincalendar
https://www.altcoincalendar.info/coins/810-GRID

Really interesting concept of decentralized cloud storage. I'm sure to be mining this GRID of yours 

Source code on GitHub: https://github.com/GridBit
Windows wallet: https://mega.co.nz/#!N49DUaIC!jiAGtZjjQr35sygEgahXwS822tLDN-aja1T_EXTANNE
Password: lerthk32j42h34kj345g2l3k2341gl1234
Beta client release date: 08.26.2014 (preliminary)

http://i.imgur.com/et6STr1.png

GridBit is a next generation cloud storage that is not based on expensive servers hosted by giants like Amazon or Google but rather a service that everyone can provide to everyone and earn from it. Imagine if there was just one million users with 100 GB spare drive space? The storage of the cloud will therefore be close to 100 petabytes, that will have 0 downtime, data loss protection and access speed limited only by your connection speed. Besides that since all your data will be effectively scattered between hundreds and thousands users you will never have to worry that anyone but you can access it. All your data is perfectly safe and accessible.

What about crypto currency and how it is connected to the cloud?

Easy. Your wallet will have "cloud" tab, where you can siply share part of your hard disc to the cloud network and built-in p2p client that will have proprietary access to the internal p2p network where you willbe able to store your data. The currency will be used to pay for the cloud service. Anybody with our wallet will be either share their spare hard disk drive space and receive payment for it, or buy themself cloud storage from other users. Or both.

http://i.imgur.com/1SMPSiL.png

We understand that there will be date safety concerns in case someone will at somepoint stop sharing their space and delete your date, but have no fear. Everything that is collected by cloud will be backed up in the mandatory share. Every wallet user will be required to dedicate at least 1 GB of their hard drive to ensure cloud stability. The information, stored in cloud will be not only distributed by multiple seeds, but also duplicated and preserved in those mandatory cells. Every user with the wallet will receive generated POS payments to cover their expenses of 1 GB, mo matter even if you have no actual Grid ballance.

http://i.imgur.com/Iz26DU2.png

In order to start sharing space on your hard disk drive - you must simply dedicate a directory on your PC, where share file will be created. The size of the share file will be equal to the place you are willing to share. As soon as you start sharing your hard disk drive space you will be eligable to receive payment from those who is willing to pay for cloud storage. In payment options you may setup fixed price for the storage on your hard disk, or allow Grid to automatically setup adequate price for your storage. Every time part of your hard drive will be assigned to othre user you will receive payment from that user. All payments will be made monethly. To better understand how much your disk space earns you - daily/monthly/statistics will be implemented.

Data preservation and monthly increments.
Every user of Grid may expect to accumulate profits from the service simply by sharing unused hard drive space. Also every user of the Grid storage expecting service to be stable and their data to be safe within the cloud. So how do we both ensure every contributor may expect frofits and users who pays for service get reliable online storage? By building the trust of course. Every wallet within the system can earn trust points. Less trusted contributes storage will be more often backed up within mandatory 1GB storage blocks. More trusted users may expect to receive more profits for thair HDD storage. How to earn trust? Easy - you just do not delete your storage and stay online. Every now an then other users, who is buying their storage will access date, stored on your HDD. If they will be unable to use your HDD as a seed, your wallet is marked by 0 trust. Every time user successfully receive data from your greed station you earn 1 trust. If within 15 days your wallet will not earn at least 1 trust you will be opted to force sync to test integrity of your storage file contents. If it passes that you earn 1 trust point and continue working. If, however your storage integrity will fail your wallet will not be able to participate in storage sharing. Staying offline for too long will freeze your trust rating. Every several month of positive trust will be rewarded by incriminating your trust coefficient making you eligable to offer your storage to those willing to pay for extra safety.

http://i.imgur.com/XFLuMf7.png

http://i.imgur.com/fe0OLAj.png

Algorithm: X13
Ticker: GRID
Coin Name: GridBit
POW block reward: 500 GRID
First 100 blocks reward reduced to 1
Total POW coins: 2,500,000 GRID
Proof of Stake Reward:  1%
Block Time:  100 seconds
Coin Maturity: 30 blocks
Transaction confirmations: 5
Min Coin Age: 2 hours
Premine: 0.2 % (5000 GRID)

Chinese translation: https://bitcointalk.org/index.php?topic=742491.new#new


http://i.imgur.com/nS65a8R.png

http://icblocks.com/chain/GridBit


http://i.imgur.com/E0bw8nk.png

http://grid.hashhot.com
http://grid.coin-miners.info/
http://grid.best-pool.com
https://grid.suprnova.cc
http://grid.nonce-pool.com
http://grid.minerpools.com/
http://thepool.pw/grid
http://xhash.net
http://www.hashharder.com/x13/gridbit





http://i.imgur.com/DyBKTbv.png

Coming soon!


http://i.imgur.com/OqwY8KI.png

Coming soon!


http://i.imgur.com/4qB96O5.png

Blockexplorer = 200 GRID
Faucet = 100 GRID
Translation = 30 GRID each (just PM me your translations along with your wallet address to receive a bounty)
Mac Wallet = 200 GRID
Game = 100 GRID each
Paper Wallet = 100 GRID