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Gridcoin - cryptocurrency for the benefit of mankind

Over the past couple of years, after the advent of Litecoin, the developers have spawned a zoo cryptocurrency. Each of them has technological differences (sometimes very significant and superior to Bitcoin - an example of Darkcoin), often a good idea, targeted use, infrastructure. But they all, one way or another, are aimed at extracting commercial gain.



But in October last year, something new appeared.



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Cryptocurrency with a great idea called “Gridcoin” (abbreviation “GRC”). Here is what is written on the main page of the official site www.gridcoin.us :



Gridcoin is a new cryptocurrency created for the benefit of mankind through the participation of miners in the project "BOINC" (Berkeley Open Infrastructure for Network Computing) - an open software platform of the University of Berkeley) - a system that, by combining computing power, helps solve problems in medicine, biology, mathematics, climatology, astrophysics and other sciences.



Yes - the idea is very simple: you just mine your Gridcoins with video cards, but in this way take part in calculations for the benefit of humanity! You do not burn kilowatt and do not heat the air in vain, as it happens with Bitcoin or Litecoin (Bitcoin uses more than 24 thousand megawatt-hours of electricity a day) - you extract GRC and calculate the masses of black holes, DNA and other useful things for science. The system also allows you to mine these coins without participating in the “BOINC” project - but the number of coins will be significantly less.



Gridcoin is based on the Bitcoin protocol, but differs from it in that it can be mined on video cards and processors and is not subject to the fast arrival of ASIC miners. The goal of the Gridcoin project is to shift a large share of computing power towards BOINC, so mining of coins in the fraction of calculations becomes secondary. The larger the computing network, the larger the portion used by the BOINC project. But the more you participate in BOINC - the more coins you get!



Gridcoin works like any other coin - it can be stored in electronic wallets, transferred to other wallets, and transfers are much faster than Bitcoin (usually 5-7 minutes with 6 confirmations), and also exchange it for USD, BTC and other cryptocurrencies on exchanges.



The main exchange for GRC is now c-cex.com



The source code is open and laid out here: github.com/gridcoin/Gridcoin-master

Details about BOINC: ru.wikipedia.org/wiki/BOINC , http: //boinc.berkeley.edu

Project Forum: cryptocointalk.com/forum/464-gridcoin-grc

Source: https://habr.com/ru/post/218141/



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