After Bitcoin (Created by Satoshi Nakamoto in 2008) evolved and matured, waste heat has increased exponentially to secure blockchains of itself and clones. The mining operation generates heat by testing millions of combinations of blockhashes. To replace this operation with a more useful proof-of-work, Gridcoin introduces a novel algorithm based on work done in Boinc projects, in addition to requiring a multi algorithm hash solution that is more secure than bitcoin’s single sha256 hash algorithm. Mining participants may choose any official boinc project including but not limited to Cancer Research, HIV, Alzheimer’s, World Community Grid, Malaria, Mad Cow, DNA sequencing, 3d farm rendering, nanotechnology, protein structure modeling, Quantum chemistry, Drug discovery, Microgravity, Neutron star search, Cryptographic research, Large Primes, weather models, and much more.
Altcoin
What is Chronobank (TIME)?
ChronoBank.io is an ambitious and wide-ranging blockchain project, aimed at disrupting the HR/recruitment/finance industries in a similar way to how Uber disrupted the taxi business and how Upwork represented an evolution in freelancing.
What is Pepe Cash (PEPECASH)?
PepeCash is a card just like the other cards on this directory, except it is alot more liquid. About 700 million Pepe Cash are in circulation at the moment PepeCash is meant to be the currency of the Pepesphere. Pepecash is needed to pay your submission fee to get your Rare Pepes into this directory, and into the wallets. Some people are also working on games that use PepeCash.
What is BitSend (BSD)?
Bitsend is an experimental and new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Bitsend uses peer-to-peer technology to operate without a central authority: transaction management and money subsidy are carried out collectively by the network. Bitsend Core is the name of open source software which enables the use of this currency.
What is AventCoin (AVT)?
An Ethereum based open standard for the exchange of event tickets built on the blockchain. Sale delayed to late Aug, exact dates TBD.
What is DigitalNote (XDN)?
DigitalNote XDN is a cryptocurrency, a kind of decentralized digital money, like Bitcoin. It is based on CryptoNote anonymous technology and updated with unique untraceable encrypted messaging system and blockchain based deposits. Nobody owns or controls DigitalNote, it uses peer-to-peer technology and fair ASIC-resistant, PoW mining process to operate with no central authority.
What is SolarCoin (SLR)?
SolarCoin is an alternative digital currency that works like air-miles for Solar electricity generation. SolarCoin is claimed by individuals living in homes with Solar Energy panels on their roof or commercial solar electricity producers.
What is Mercury (MER)?
Mercury is a Waves-powered provenance token. It enables collaborative cross-chain communication and timestamping from the Jupiter blockchain to Waves and Waves to Jupiter. The reason why was chosen for a token on the Waves blockchain, is that the Waves blockchain allows transaction fees to be paid in assets itself.
What is Humaniq (HMQ)?
Humaniq is a simple and secure 4th generation mobile bank. We are developing a completely new banking experience by dissolving all the barriers of archaic banks such as the need to come to a branch, doing endless paperwork, dealing with hard-to-use, buggy mobile apps, and protecting data with hard-to-remember, complex passwords. We have created a safe, strong financial tool, specifically designed to be used by people who are undereducated or who don’t possess identification. Most of them live in emerging economies on less than two dollars a day. We believe we can change that.
What is Agoras Tokens (AGRS)?
An intelligent market built upon Tau-Chain to feature intelligent personal agents, programming market, computational power market, and a futuristic search engine.