Gridcoin

Gridcoin (ticker: GRC) is an open source cryptocurrency which securely rewards volunteer computing performed on the BOINC,[2] a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines.

Gridcoin
Denominations
Subunit
 10−3milligridcoin
SymbolGRC
 milligridcoinmGRC
Demographics
Date of introduction16 October 2013 (2013-10-16)
User(s)Worldwide
Issuance
AdministrationDecentralized
Gridcoin Research
Developer(s)Rob Halförd, Marco Nilsson, Paul Jensen, Tomas Brod, James Owens
Stable release
4.0.6.0-Leisure / October 22, 2019 [1]
Repository
Written inC++
PlatformWindows, Linux, macOS
TypeCryptocurrency
LicenceMIT Licence
Websitehttps://gridcoin.us

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 (although it fails to explicitly address the energy cost of computing power).[2][3][4]


References
  1. "Releases - gridcoin-community/Gridcoin-Research". Retrieved 24 October 2019 – via GitHub.
  2. 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.
  3. Chohan, Usman. "Environmentalism in Cryptoanarchism: Gridcoin Case Study". SSRN Electronic Journal. Jan 2018. doi:10.2139/ssrn.3131232. Retrieved 8 October 2018.
  4. Tirone, Jonathan (10 Jan 2018). "A Prime Number Could Be the Answer to Bitcoin's Power Problem". Bloomberg. Retrieved 7 Oct 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.