«Gridcoin implements a “Proof-of-Research” (POR) scheme, which rewards users with Gridcoin for performing useful scientific computations on the Berkeley Open Infrastructure for Network Computing (BOINC), a distributed computing platform. Gridcoin uses a more energy efficient proof-of-stake system – although it fails to explicitly address the energy cost of computing power.

Gridcoin attempts to ease the environmental energy impact of cryptocurrency mining through its Proof-of-Research and Proof-of-Stake protocols.» (Source:, 2018-11-27)

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