Gridcoin is blockchain based cryptocurrency. It is an open-source decentralized cryptocurrency. It uses proof of stake and proof of research algorithm.
Image Source-https://www.gridcoin.us/
How we get Gridcoin-
There are two way getting Gridcoin-
- Buy from an exchange
- Gridcoin crunching
Gridcoin crunching is related to BOINC research projects. BOINC stands for Berkeley open infrastructure for network computing. Gridcoin crunching is the process of using our computing power to support BOINC projects and get rewarded in the form of Gridcoin.
This computer power use for research purpose. So indirectly we are doing a research. This research is well for us. Gridcoin crunching is useful for us because it does not waste electricity for only money like n mining of other cryptos rather it helps in research. In future, it will grow more. Today many people working for BOINC. Most of the people are happy.
Acceptibility and support-
Gridcoin has wide exchange and wallet support. To know more about Gridcoin got to https://gridcoin.us.