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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RT @WCGrid: We were unable to bring our production environment to the same state as the QA environment this week. As we also have yet to re…

We were unable to bring our production environment to the same state as the QA environment this week. As we also have yet to resolve an issue that prevents BOINC clients from downloading workunits, the effort to bring the Grid back online has stretched into next week.