Mission
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.
Overview
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