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Gridcoin

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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 release5.3.1.0 / April 5, 2021; 2 months ago (2021-04-05)[1]
Code repositorygithub.com/gridcoin-community/Gridcoin-Research
Development statusActive
Project fork ofBitcoin, Peercoin[3]
Written inC++
Operating systemWindows, Linux, macOS
Developer(s)Gridcoin Community
Source modelOpen source
LicenseMIT License[3]
Websitegridcoin.us
Ledger
Timestamping schemeProof-of-stake
Block reward10 GRC[4]
Block explorergridcoinstats.eu/block

Gridcoin (ticker: GRC) is an open source cryptocurrency which securely rewards volunteer computing performed on the BOINC,[5] a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines.

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.[6]

References

  1. ^ "Releases - gridcoin-community/Gridcoin-Research". Archived from the original on 5 April 2021. Retrieved 6 April 2021 – via GitHub.
  2. ^ Hijfte, Stijn Van (6 July 2020). Blockchain Platforms: A Look at the Underbelly of Distributed Platforms. p. 145. ISBN 9781681738925. Archived from the original on 11 May 2021. Retrieved 4 May 2021.
  3. ^ a b "License on Github". GitHub. Archived from the original on 13 October 2019. Retrieved 14 June 2020.
  4. ^ "Network Blocks". Gridcoinstats. Archived from the original on 14 June 2020. Retrieved 31 October 2020.
  5. ^ 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. S2CID 6852894.
  6. ^ "Bitcoin mining likely uses more energy than it takes to keep New Zealand's lights on". 12 December 2017. Archived from the original on 8 January 2021. Retrieved 4 May 2021.

External links