Gridcoin is a cryptocurrency which securely rewards BOINC computation on top of proof of stake.
What's BOINC? BOINC is an open-source volunteer distributed computing platform which utilizes the spare computer resources on 500k+ computers to attempt to cure diseases, map the milkyway, search for extraterrestrial life, and any other kind of distributable computation.
Anyone who needs a serious amount of distributed computing power (100k+ CPUs) can create a BOINC project to create a distributed cloud service of their own desire using commercial off the shelf software, with full control over verification of returned work prior to reward of BOINC credit.
What's the easiest way to setup a BOINC project and begin distributing work? The BOINC Server Docker Container created by Marius from the Cosmology@Home BOINC project.
What is Docker? It's a software container platform, these containers are isolated compute environments without operating system bloat (efficient, light-weight, secure). Check out the Docker Hub for many (100k+) prebuilt containers!
The Gridcoin network rewards BOINC project volunteers on behalf of each whitelisted BOINC project as opposed to the BOINC project's owners having to pay for computation up front like our competitors would have you do (Golem/SONM/iEX). The initial cost of creating a BOINC project is minimal (majority of the work is done), where as GOLEM will require significant development effort (expensive).
Up over 100% since I posted this thread 2 weeks ago. GG anyone that invested then.