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.
Currency
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 LBRY Credits (LBC)?
The world’s first user-controlled video, music and digital platform. LBRY is a sharing platform that uses blockchain technology to enable users to publish material and get paid for doing so. People using LBRY’s service can monetize their published material with its built-in payment system.
What is Mothership (MSP)?
A state-of-the-art digital asset exchange with focus on security, great customer service and reliability. Mothership will run on world’s best infrastructure and provide 24/7 uninterrupted access to markets. When integrated with eResidency, verification for individuals and companies becomes an easy process, allowing you to switch from ETH to EUR in moments.
What is ION (ION)?
For any asset to have long lasting value, it needs to not only be intrinsically strong, but 1) useful, and 2) widely appealing. ION is such an asset. Backed by an innovative platform with a fully integrated digital economy, it is as easy for new users to enter the ecosystem as it is intriguing for cryptocurrency experts, veteran investors, and talented developers. The power of a secure, distributed network combined with an innovative platform and digital economy ensure a sustainable and exciting place for ION holders to store, use, and leverage their assets.
What is MonetaryUnit (MUE)?
MonetaryUnit, for Me, U & Everyone. “The best way to predict the future is to create it.”
What is Etheroll (DICE)?
Etheroll is an Ethereum-based dice gambling Dapp that enables individuals to place bets on the result of a 100-sided dice roll without user deposits or sign-ups, using Ether – the 2nd most popular cryptocurrency in the world. Players can choose their own odds with our unique UI and payouts are instant. Game code is built entirely on top of the Ethereum blockchain, which allows for a level of transparency and accountability that traditional online casinos simply cannot provide.