What is Gridcoin [GRC].
Gridcoin [GRC]-is a conceptual altcoin offering to direct computer resources from useless hashing to productive computations. The philosophy of the project is this: "Why engage in mining, when can you participate in research?" At the same time, it can be done not only on video cards and processors, but even on mobile phones
Official website: www.gridcoin.us
Trades on crypto-exchange exchanges: Poloniex, Bittrex, C-CEX.
Algorithms of the Proof-of-Work class (proof of performance) were criticized for wasting energy on nonsensical equations in the process of mining and centralization of operations, processed by technical race. Gridcoin presents the Proof-of Research algorithm, which allows computers to work more productively. Instead of a race aimed at solving meaningless equations, Gridcoin researchers are working on problems such as finding medicines for diseases, comparing genomes, studying climate, getting a reward for their work.
Gridcoin pays you a reward for real actions. Our goal is to redirect computer resources from useless hashing to productive computing, creating a supercomputer cluster that supports all types of scientific research and technology development. The open software platform of the University of Berkeley (BOINC), which supports all kinds of equipment and adapts to changes in technology, provides an opportunity to conduct supercomputations, since 2002. But up to now this network has been limited for those who are ready to make a material contribution to its development on a voluntary basis.
Several crypto-currencies attempted to create a compensation mechanism for attracting people to scientific research - they included Ripple, Curecoin, Research Support Coin. But these crypto-currencies use a centralized model of reward distribution and selection of research topics. Gridcoin allows you to choose a research topic, and pays for them.
The work of Gridcoin is built on the basis of the BOINC platform and is not limited to any one program, algorithm or type of software. BOINC supports Windows, Mac OS X and Android operating systems. You do not need to have special software to participate in the system and receive rewards for your contribution to research - the computer that you use daily can participate in scientific research based on the CPU at a time when you are not using it. And you will not spend electricity, trying to get a reward with the help of GPU or ASIC.People with special software for GPU mining can also participate in projects designed specifically for parallel computing without worrying about losing the ROI for the next-generation ASIC. Currently, there are more than 30 different projects, each of which has its own requirements for the software - some need a CPU, some - a GPU, and some - sensors. The support of various equipment makes it possible to contribute to the development of the network from virtually any device, which makes it more secure and minimizes energy costs for mining.
The reward system is developed on the principle of Pay per share - payment for each "ball", so you are fairly getting money for the work done, and not for the speed of unlocking. The devices with which you can contribute to research through BOINC include CPU, GPU processors, Android, R-Pi, ASICs, and this list is constantly being updated.
We ask to join us volunteers, developers, investors, and all those who want to promote a paradigm different from blockbuster and understand what benefits it can give. Contribute to the development of science, mathematics, technology - learn the world around you. Mining, which benefits humanity.
⛩Real results, global scale.
Global community Grid (Grid)
The Global Grid community distributes huge amounts of data (counted in millions of computer generated units, to thousands of volunteer devices.) They collect the results and send them to researchers who conduct surveys to obtain model data in an effort to change the world for the better, and Since the foundation of this community, volunteers have helped scientists carry out research that could take thousands of years, in a matter of years. We have published more than 35 articles in peer-reviewed scientific journals on the basis of studies conducted by the global Grid community, which provides knowledge in the fields of health, poverty and sustainable development.
🌐Rosetta @ Home
Determination of the 3-dimensional form of proteins in the study, which ultimately can lead to the discovery of ways to treat certain serious human diseases. Running the Rosetta program on the computer while you are not using it, you will help us greatly accelerate and expand our research. You can also contribute by helping us develop new proteins to fight diseases such as HIV, malaria, cancer, and Alzheimer's. Look at the work related to these studies: http://boinc.bakerlab.org/rosetta/rah_medical_relevance.php
🌐Poem @ home
The project is aimed at studying the functions of the protein by its structure, determining the structure of the protein by its amino acid sequence, elucidating the process of protein interaction and understanding how the improper functioning of proteins can lead to the disease. The obtained knowledge can be used in the development of medicines.
More than 30 projects in the field of science, technology, mathematics, materials science, space research and many other industries!
🌎Options
Algorithm: the advanced algorithm of Proof-of-Research, remuneration is paid for contribution to the study based on the BOINC platform
Locking time: 90 seconds
0% pre-mining: the longest distribution of coins according to the concept of Proof-of-Stake with the initial distribution for 18 months, based on Gridcoin Classic.
Original sentence: 340,569,880 http://wiki.gridcoin.us/Proof-of-Research_Genesis_Block
Inflation: about 6.5% per year after November 2015, 1.5% share from Proof-of-Stake, target - 18.25 million coins a year. With the help of the Proof-of-Research algorithm
For more information, see the Gridcoin award calculator: http://wiki.gridcoin.us/Proof-of-Research#Proof-of-Research_Reward_Schedule
🌏Distinctive features of Beta version
RSA is a research savings account. Rewards can be accumulated for 14 days and will not be lost if your customer is out of order.
Voting is for block voting from the command line or WalletQT with visualization and analytics from Wallet.
Neural network - decentralized consensus to determine the amount of remuneration, there is no centralized credit check AKA: DPoR.
Smart contracts - basic execution of the contract and records in the blockchain.
New Users Configuration Wizard - settings for new users, easily implemented in WalletQT.
Network traffic - visualization of network traffic in WalletQT.
Azure SQL - SQL-analytics in WalletQT.
Gridcoin applications are additional applications that can interact directly with Gridcoin WalletQT.
Live broadcast - in WalletQT - the current market prices for GRC are displayed in a creeping line, they are adjusted to other market tickers.
Block chain repairer - the ability to load and boot an existing blockade with one command in the wallet for quick entry into the synchronization with the network.
WalletQT Upgrade - the ability to update your wallet with one command (only for Windows).
Boinc hash - cryptographic protection can only be performed by a real person.
🌏Distinctive features of the Alpha version
Research Age - Expansion of the RSA account for an unlimited amount of time with the support of an unlimited number of participants
Ticket system - reporting system for errors, improving customer service, requests, etc. in QT
GFS - Gridcoin file system for exchange and storage of signed and virus-scanned files in encrypted form
Organization of autonomous distribution (DAC / DAO) - decision making using machine rules and consensus voting on the management of the Gridcoin Foundation.
🌐Downloads / Sources
Github: https://github.com/gridcoin/Gridcoin-Research
Repo: https://launchpad.net/gridcoin
Windows MSI: http://download.gridcoin.us/download/downloadstake/GridcoinResearch.msi
🌐Manuals:
*** Note: Install BOINC before installing Wallet ***
Windows: http://wiki.gridcoin.us/Mining_setup
Linux: http://wiki.gridcoin.us/Linux_guide
OSX: http://wiki.gridcoin.us/OS_X_Guide
🌐BOINC - resources:
BOINC Manager (BAM) - Installation Guide: http://boincstats.com/en/bam/
Network RAC Report & Active Whitelist: http://gridresearchcorp.com/gridcoin/?whitelist
Hardware and software requirements: http://wiki.gridcoin.us/Current_BOINC_Whitelist
🌐Block Explorers:
http://gridresearchcorp.com/gridcoin/
http://explorer.gridcoin.us/
pool.gridcoin.us/BlockExplorer.aspx (broken link)
🌐Social networks / forums
Official Forum: https://cryptocointalk.com/forum/464-gridcoin-grc/
Reddit (Russian version): http://www.reddit.com/r/russiangridcoin
Facebook: https://www.facebook.com/gridcoins
Thank you very much.