GridCoin Detail

Warning! this coin is possibly unmarketable!

Gridcoin (Ticker: GRC) is a decentralized, open source math-based digital asset (crypto-currency). It performs transactions peer-to-peer cryptographically without the need for a central issuing authority. It is the first block chain protocol that delivered a working algorithm that rewards and cryptographically proves solving BOINC (Berkley Open Infrastructure for Network Computing) hosted work, which could be virtually any kind of computing process. Gridcoin provides benefits to humanity through contributions to computational research. It is the only crypto-currency that rewards individuals for those contributions in an energy efficient way without the need for a central authority to distribute rewards. There are no limitations to a single BOINC project, providing the flexibility to be rewarded for virtually any type of computational process.

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