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World Community Grid Forums
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Forum: Chat Room
Thread: Will Ripple Be a PROBLEM? |
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Thread Status: Active Total posts in this thread: 29
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RCC_Survivor
Veteran Cruncher USA Joined: Apr 28, 2007 Post Count: 1337 Status: Offline Project Badges: 
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I am not a fortune teller nor do I play one on TV.
----------------------------------------But, I have a terrible feeling about OpenCoin's WCG team venture--Ripple Labs. Using WCG as a tool to allocate crypto currency is going to be catastrophic to WCG. It is causing a gold rush to join the RL team, which in itself is not the problem. Making money by crunching is going to corrupt WCG. The number of money seeking crunchers aka miners will explode and dominate WCG results. The miners will use whatever means necessary to win crypto currency. Use of purchased time on Amazon servers to crunch WUs will quickly deplete work for legitimate crunchers. It may be good for WCG researchers that projects complete far ahead of schedule but when the core volunteer crunchers are experiencing no work available they will lose interest in WCG. When no more work exists OpenCoin will pack up their tent and move elsewhere. The gold rush will be over and the miners will leave. They do not care that WCG is negatively affected but I do and you too should. This is a sad day at WCG. A possible solution is for WCG management to amend the rules to prevent crypto currency schemes from participating at WCG. Why did they pick WCG? You see, the whole problem with crypto currency schemes is that they need a means to allow the miners to earn the crypto currency. Presently, BitCoin uses complicated algorithms to solve problems that require massive computation. Massive computation requires a lot of electric power. BitCoin miners have to eat this expense. So, some genius [I use this term loosely] came up with the idea to use grid computing to earn crypto currency. “Turn all that wasted CPU time and electric power into research”; it’s a great sales pitch and a good idea for the scheme but it is NOT good for the grid, the researchers, and the crunchers. Think about it!
Be kinder than necessary, for everyone you meet is fighting some battle.
Please join the team The survivors  Bilateral Renal, Melanoma, and Squamous Cell cancers |
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Sgt.Joe
Ace Cruncher USA Joined: Jul 4, 2006 Post Count: 7854 Status: Offline Project Badges: 
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The fear that the work will run out is, I believe completely unfounded. The scale and scope of the projects is not well understood. This is partly the doing of the researchers who may have a general idea of the size of their project, but have not communicated this to the crunching community. On the other hand, even the researchers may not have a good handle on the size or scale of their project. One of the exceptions was the DSFL project in which the researcher detailed why they scaled back their project. Based on their projections it would have taken about 25 years to complete the initial plan for the work, but it was scaled back to 1/10 of the original size in order to finish in a reasonable amount of time. I would love to see the researchers, if possible, at least give the crunching community a ballpark estimate of the size and scope of their project(s).
----------------------------------------All that being said, I like that more work is being done, but also have some trepidation, as RCC Survivor does, that once the mining stops the miners will disappear. Perhaps we should enjoy their largesse while it lasts. Cheers
Sgt. Joe
*Minnesota Crunchers* |
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RCC_Survivor
Veteran Cruncher USA Joined: Apr 28, 2007 Post Count: 1337 Status: Offline Project Badges:
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Sgt Joe, I like the way you think, and hope you are correct and I am wrong.
----------------------------------------In that event I would be happy to eat crow, which is best served with a bottle of cheap Gallo wine. Has anyone else noticed that the WCG dashboard has not been updated in 9 days? WCG Dashboard Would it have anything to do with the topic of this thread?
Be kinder than necessary, for everyone you meet is fighting some battle.
Please join the team The survivors Bilateral Renal, Melanoma, and Squamous Cell cancers |
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uplinger
Former World Community Grid Tech Joined: May 23, 2005 Post Count: 3952 Status: Offline Project Badges: 
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The size of work for FAAH and MCM are very large! I do not see these projects ending anytime soon. Having said that, there are occasions when there is a technical difficulty in getting new work. We have been warning the researchers of the current growth, We are keeping a close eye on everything as well.
We have a great group of people working behind the scenes to make sure everything is running smoothly. Thanks, -Uplinger |
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deltavee
Ace Cruncher Texas Hill Country Joined: Nov 17, 2004 Post Count: 4894 Status: Offline Project Badges: 
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Has anyone else noticed that the WCG dashboard has not been updated in 9 days? WCG Dashboard Would it have anything to do with the topic of this thread? No. See this. http://www.worldcommunitygrid.org/forums/wcg/...ead,35782_offset,0#441511 |
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SNURK
Veteran Cruncher The Netherlands Joined: Nov 26, 2007 Post Count: 1217 Status: Offline Project Badges: 
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The latest news:
----------------------------------------Team Ripple Labs is now producing 25% of the total daily WCG points. 178,506,780 out of a total of 696,520,147 points as per yesterday global stats. They are also producing as many points daily as the other 9 teams in the top 10 combined. ---------------------------------------- [Edit 1 times, last edit by SNURK at Dec 14, 2013 11:31:48 PM] |
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Movieman
Veteran Cruncher Joined: Sep 9, 2006 Post Count: 1042 Status: Offline |
The beauty of BOINC is, that if there's momentarily no work at all or the WCG project is down, one can define additional projects that are set as 'backup' which is done by giving them a project weight / resource share of zero. Only if cores idle does BOINC fetch work from those backup projects. Otherwise, wish we could rip through to completion for any project, FAAH not in the least or get to a point where FAAH is intermittent, experiment, study, do another experiment. Sorry, but then we'll have to find another volunteering target. Rob: I heard you. I'll set my machines to strictly run FAAH. I prefer to work on the cancer projects but seeing that so many are on that I'll do what I can on FAAH..  [Edit 1 times, last edit by Movieman at Dec 15, 2013 12:56:45 AM] |
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cjslman
Master Cruncher Mexico Joined: Nov 23, 2004 Post Count: 2082 Status: Offline Project Badges: 
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Yes, the amount of WUs/effort being put out by Ripple Team is impressive. Also to remember, there are some Ripple members who were already with WCG. I have counted 14 Snurk signature users that are in the Ripple team (that's all I have access to), of which 13 have been with WCG for at least a year (so they are not part of the Ripple rush). The sum of performance of those 13 is a little over 2 TFLOPS. It would be interesting to find out how many more WCG members have signed up due to the Ripple rush. What I could find out is the following:
----------------------------------------Before the rush the average runtime/results returned (8 days) was: 383 years/1.65 M results returned Average runtime/results returned for the last 8 days: 532 years/1.84 M results Not making it a statement here... just running some numbers (OCD is a terrible thing  ) [EDIT]: corrected a typo CJSL Crunching for a brighter future... ---------------------------------------- [Edit 1 times, last edit by cjslman at Dec 15, 2013 9:30:32 PM] |
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Movieman
Veteran Cruncher Joined: Sep 9, 2006 Post Count: 1042 Status: Offline |
Just my opinion but in reallity the ONLY downside to what Ripple is doing is in the effect it has on team scores. Lets face it, any amount of "extra" work that gets done for WCG can only be a plus and if what someone suggested they brought so much firepower to the project that even if every bit of work was done by tomorrow how can that be a negative thing? Most of us are here to help answer the questions on how to defeat these diseases so if Ripple can help by even one day to shorten that goal then I can't find any logic to downplay the logic of what they are doing and the nothing but positive effect that will have for the project as a whole.
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