Gridcoin (GRC) is an open–source token obtained as a result of the Litecoin fork. It works with the help of the Proof of Research consensus mechanism, which allows cryptographically verifying computing tasks of the Berkeley Open Infrastructure for Network Computing (BOINC) and receiving cryptographic tokens as a reward for completing tasks.

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BOINC@AUSTRALIA

Congratulations to the #BOINC team @BOINCAUSTRALIA for the 7th rank in the Formula BOINC challenge on Milkyway@home. https://t.co/kMlfRwJ6tG

Formula #BOINC challenge on Milkyway@home has finished and the Team finished in 7th place above some of the bigger Teams in BOINC.  Well done Team https://t.co/wrZ6YgEcuk

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Congratulations to the #BOINC team @BOINCAUSTRALIA for the 7th rank in the Formula BOINC challenge on Milkyway@home. https://t.co/kMlfRwJ6tG

Formula #BOINC challenge on Milkyway@home has finished and the Team finished in 7th place above some of the bigger Teams in BOINC.  Well done Team https://t.co/wrZ6YgEcuk