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[–] Mateon1 ago 

I'm new to cryptocurrencies in general as well, and I can't tell what currency is the most secure, or going to have most value.

I'm excited about a cryptocurrency called Gridcoin, it's a PoS and PoR (Proof of Stake, Proof of Research) currency based on BOINC.

Proof of Stake means that your ability to mine a block depends on your balance. The more coins you have the easier it is. Think of it like interest rate in a bank account.
Proof of Research means that the person with the most magnitude (gained by participating to BOINC projects) mines blocks the easiest.

You can find a better explaination on their site, http://gridcoin.us/. If you want to participate by using BOINC you need to acquire some coins from a faucet and wait to enter the blockchain. If you want to gain interest, you can buy Gridcoin on an online currency exchange such as c-cex. The site goes into detail regarding the setup.

Remember to encrypt, and backup your Gridcoin wallet! You don't want to lose your coins! Also, remember to update often as Gridcoin is constantly in development.

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[–] sodypops [S] ago 

Would I need a heavy duty mining computer and what specs would you recommend???

Also how would i encrypt a wallet?

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[–] Mateon1 ago 

You don't need a super-powerful computer to participate to boinc. There are plenty of projects fit for CPUs, GPUs and ASICs. There is a list on the Gridcoin website. If you have a powerful GPU you could participate in GPUGRID, for example. The projects you choose are your choice. You can participate to projects such as ATLAS or LHC@home, you would do physics simulations for the large hadron collider. You could participate in SETI@home to search for extraterrestrial signals. You could participate in rosetta@home, which does protein folding that helps develop cures.
There are also sensor projects. If you don't have a powerful machine you could get a radiation sensor and participate in Radioactive@home. You could use your phone to participate in the Quake Catcher Network.

I recommend participating to multiple projects at once. If you have a GPU-only project, it isn't using your CPU to mine, so you could join a CPU project.

You can encrypt your wallet, when you run the Gridcoin Wallet program and do necessary setup, in the menus there is an "Encrypt wallet" and "Backup wallet" option.