, 87,860 minutes ago)
Gridcoin (GRC) is a decentralised, open-source cryptocurrency forked from Litecoin in 2013. Originally it was a proof-of-stake currency with scrypt as its hashing algorithm, but the original client is now being discontinued in favour of a new client called "Gridcoin Research", launched in October 2014. The most distinguishing feature this cryptocurrency is a consensus mechanism called "Proof of Research" which is able to cryptographically verify BOINC (Berkley Open Infrastructure for Network Computing) computing tasks and which rewards the client with a cryptographic token for completing the task. BOINC currently hosts a series of scientific projects including cancer research, drug candidate testing, high-energy physics, space mapping and disease control. Original announcement.
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