GridCoin Whitepaper


Gridcoin is a blockchain-based distributed computing network powered by the
idle processing potential of existing hardware. Access to this network is free for
those with data to process, while participants of the network are incentivized with
cryptocurrency minted by the Gridcoin protocol.

Gridcoin is an open-source blockchain that mints and distributes cryptocurrency
in relation to the processing power a network participant directs toward datadriven
analysis and scientific discovery. Currently, the Gridcoin blockchain is
secured through a proof-of-stake protocol and monitors processing contributions
to the distributed computing infrastructure

GridCoin Website
GridCoin Whitepaper