Gridcoin

Gridcoin (ticker: GRC) is an open source cryptocurrency which securely rewards volunteer computing performed on the BOINC,[6] a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines.

Gridcoin
Gridcoin Logo
Gridcoin Logo
Ticker symbolGRC
Development
Original author(s)Rob Halförd[2]
White paperGridcoin: The Computation Power of a Blockchain Driving Science & Data Analysis
Implementation(s)Gridcoin-Research
Latest release5.1.0.0 / November 2, 2020; 3 months ago (2020-11-02)[1]
Code repositorygithub.com/gridcoin-community/Gridcoin-Research
Development statusActive
Project fork ofBitcoin, Peercoin[4]
Written inC++
Operating systemWindows, Linux, macOS
Developer(s)Marco Nilsson, Paul Jensen, Tomas Brod, James Owens[3]
Source modelOpen source
LicenseMIT License[4]
Websitegridcoin.us
Ledger
Timestamping schemeProof-of-stake
Block reward10 GRC[5]
Block explorergridcoinstats.eu/block

Gridcoin attempts to address and ease the environmental energy impact of cryptocurrency mining through its proof-of-research and proof-of-stake protocols, as compared to the proof of work system used by Bitcoin.

References

  1. ^ "Releases - gridcoin-community/Gridcoin-Research". Retrieved 2 November 2020 – via GitHub.
  2. ^ "Gridcoin GRC Information - Classic in Retirement". CRYPTOCURRENCYTALK.COM. Retrieved 14 June 2020.
  3. ^ "gridcoin-community/Gridcoin-Research". GitHub. Retrieved 2 November 2020.
  4. ^ a b "License on Github". GitHub. Retrieved 14 June 2020.
  5. ^ "Network Blocks". Gridcoinstats. Retrieved 31 October 2020.
  6. ^ Dong, Zhongli; Lee, Young Choon; Zomaya, Albert Y (2015). "Crowdware: A Framework for GPU-Based Public-Resource Computing with Energy-Aware Incentive Mechanism". 2015 IEEE 7th International Conference on Cloud Computing Technology and Science (Cloud Com). p. 266. doi:10.1109/CloudCom.2015.73. ISBN 978-1-4673-9560-1.

External links