What is Gridcoin?

Gridcoin (Ticker: GRC) is a decentralized, open source math-based digital asset (crypto-currency). It performs transactions peer-to-peer cryptographically without the need for a central issuing authority. It is the first block chain protocol that delivered a working algorithm that equally rewards and cryptographically proves solving BOINC (Berkley Open Infrastructure for Network Computing) hosted work, which can be virtually any kind of distributed computing process (ASIC/GPU/CPU/Sensor/Etc).
Gridcoin provides benefits to humanity through contributions to scientific research. It is the only crypto-currency that rewards individuals for BOINC contributions without the need for a central authority to distribute rewards.

Gridcoin stats: http://boincstats.com/en/stats/-1/team/detail/118094994/overview

Tutorial Video: https://www.youtube.com/watch?v=jX78dSvg8kg

Official site: http://www.gridcoin.us