Gridcoin

From HandWiki
Short description: Decentralized cryptocurrency
Gridcoin
Gridcoin Logo
Gridcoin Logo
Denominations
PluralGridcoins
Ticker symbolGRC
Precision10−8
Subunits
 ​1100000000halford
Development
Original author(s)Rob Halförd[2]
White paperGridcoin: The Computation Power of a Blockchain Driving Science & Data Analysis
Implementation(s)Gridcoin-Research
Latest release5.3.3.0 / February 27, 2022; 2 years ago (2022-02-27)[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 network,[5][6][7][2] a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines.

It was created on October 16, 2013 by Rob Halförd. Gridcoin, like Peercoin, uses a proof of stake protocol which attempts to address and ease the environmental impact of cryptocurrency mining, as compared to the proof of work system used by Bitcoin.[8][2]

The implementation Gridcoin-Research was created as a fork of Bitcoin and Peercoin and is licensed under the MIT License.[3] It uses Qt 5 for its user interface[9] and prebuilt executables of the wallet are distributed for Windows, MacOS, and Debian.[1]

References

  1. 1.0 1.1 "Releases - gridcoin-community/Gridcoin-Research". https://github.com/gridcoin-community/Gridcoin-Research/releases/tag/5.3.3.0. 
  2. 2.0 2.1 2.2 Hijfte, Stijn Van (6 July 2020). Blockchain Platforms: A Look at the Underbelly of Distributed Platforms. p. 145. ISBN 9781681738925. https://www.google.com.au/books/edition/Blockchain_Platforms/IivxDwAAQBAJ?q=Rob+Half%C3%B6rd&gbpv=1#f=false. Retrieved 4 May 2021. 
  3. 3.0 3.1 3.2 "License on Github" (in en). https://github.com/gridcoin-community/Gridcoin-Research/blob/development/COPYING. 
  4. "Network Blocks". https://gridcoinstats.eu/block. 
  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). pp. 266. doi:10.1109/CloudCom.2015.73. ISBN 978-1-4673-9560-1. 
  6. Kent, Peter; Bain, Tyler (2019). Cryptocurrency Mining For Dummies. Wiley. p. 320. ISBN 9781119579472. 
  7. Elena Guerrero-Roldán, Ana; Baneres, David; Elena Rodriguez, M. (2020). Engineering data-driven adaptive trust-based e-assessment systems : challenges and infrastructure solutions. Cham, Switzerland: Springer International Publishing. p. 144. ISBN 9783030293260. 
  8. "Bitcoin mining likely uses more energy than it takes to keep New Zealand's lights on". 12 December 2017. https://www.abc.net.au/news/2017-12-12/bitcoin-mining-likely-uses-more-energy-than-nz-electricity/9246888. 
  9. "Gridcoin-Research/build-unix.md at development · gridcoin-community/Gridcoin-Research" (in en). https://github.com/gridcoin-community/Gridcoin-Research/blob/development/doc/build-unix.md. 

External links