INTRODUCTION
Since its beginnings, the blockchain trade has been a supply of rivalry thanks to the wasteful use of power and resultant e-waste. The carbon footprint, in conjunction with different shortcomings, forestalls them from acting as a viable difference to this centralized system. we tend to aim to combat these problems by introducing #GRN GRID and its native token GRN (GRN is pronounced as Green). Through the employment of its novel and distinctive Proof of Stake v2 algorithmic program, #GRN Grid is meant to be an associate energy-efficient, high-performance, low fee smart chain that actively supports decentralization and security.
THE GRN ASSOCIATION
The #GRN Association could be a non-profit initiative of GRNBi to confirm the property of blockchain technologies. GRNBi HQ is predicated within the Netherlands. it’ll pass assets related to Grid and GRN to the #GRN Association. The #GRN Association is established in Suisse. The #GRN Association safeguards the vision of property among the #GRN community. Moreover, it’ll even be to blame for keeping the decentralized nature of the blockchain intact.
BLOCKCHAIN
Blockchain could be a shared, immutable ledger accustomed record transactions and assets among a network. These assets are often something tangible or intangible. Blockchain technology is wide glorious for its capability to be decentralized and “trustless”.
GRN GRID
#GRN Grid could be ground-breaking blockchain technology. it’s engineered on the Proof of Stake V2 accord mechanism. The Grid can primarily focus on:
1. Setting a framework for inventive company solutions
2. Client usability
3. preparation and development of WEB3.0 applications.
4. Property of blockchain
GRID ENERGY
The #GRN Grid smart chain has been created to run fully on renewable energy. By considerably decreasing its carbon footprint, Grid eliminates one of the foremost drawbacks of blockchain. The validation of the #GRN Grid is initiated by partners of #GRN Energy. These partners have verified users of renewable energy solely and can run #GRN Grid Nodes in mining campuses across the world. The concerned parties are disclosed on the website of #GRN Energy.
To encourage the usage of renewable energy, #GRN introduces inexperienced certificates to validators that meet given needs (i.e., proof their energy supply is green). The verification procedure is free, and also the application is accessible to everybody with no restrictions. the applying is suburbanized, thence no gatekeeping happens. The substantiating methodology is supported the newest advancements in this field.
CIRCULARITY AND RECYCLING
We will deliver the goods multiple goals at the same time by imposing rigorous hardware needs to run nodes. one of these goals is to confirm the sturdiness of a tool among the Grids system. With these hardware needs, we tend to extend the system’s life, leading to remittent replacement prices.
The #GRN Grid will register the devices of validators on Grid through a sensible contract and punish any validator for repeatedly ever-changing their hardware. The #GRN organization can run a hardware employment program. As a watchdog for this initiative, Metabolic can guarantee that its quantity} amount of negative environmental effects is attainable. #GRN Grid validators apply to the present program.
CONCLUSION
Everyone is liberated to run corroborative nodes of #GRN Grid to stay the decentralized nature of the blockchain intact. Certified validators are marked as renewable nodes. finish users will opt to only use these #GRN nodes for or their transactions within the pocketbook application. Grid permits you to delegate your #GRN stake to a glorious validator, additionally named because of the Circuit Program. This practicality permits the #GRN community to assist validate Grid and earn corroborative rewards while not physically running a node. The corroborative community hosts these programs to draw in a lot of stakes in their nodes.
PROJECT LINKS
Website: https://www.grngrid.com
Telegram: https://t.me/grncommunity
Twitter: https://twitter.com/grngrid
Discord: https://discord.gg/bDPK9Vf24R
LinkedIn: https://grngrid.com/#
AUTHOR
Bitcointalk username: Ulomaco
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3427515
Proof of Authuantication: https://bitcointalk.org/index.php?topic=5390302.msg59595674#msg59595674
Telegram username: @ulomaco
BSC Wallet Address: 0xE0080862de40a08Cc512487D65fd44Bd31Bef59B