GRN is a blockchain carbon footprint solution

in #blockchain2 years ago

Welcome every crypto lovers again for my latest Project review in the crypto industry. If you are new to this crypto world, I like to introduce you what are the basics and a short history summary about cryptocurrency platforms. if you already know about these basic things you can skip my first paragraph.

Blockchain Introduction

Everyone knows about the most famous coin in the world. yes, you are right, that is Bitcoin. Satoshi Nakamoto is the founder of Bitcoin.

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If you think this Coin is like a vehicle, it needs a road to run. so every kind of vehicle needs its own path to run. Boats need Reservoirs like sea, river. an airplane needs the sky to fly. that’s so simple to understand what is the blockchain network. there are many networks right now like roads & many coins, tokens have like vehicles. you need to select the right vehicle and road to drive it. if you choose a car you can only drive it on roads, if you put it to the water, it will be sink definitely. That’s how Blockchain networks work. there are so many popular networks working in recent. so many will come. bep20, erc20, polygon, Solana, Tron network are some of them.

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Since its beginnings, the blockchain industry has been a source of contention due to its wasteful use of power and resultant e-waste. The carbon footprint, along with other shortcomings, prevent them from acting as a viable alternative to the current centralized system or for wider adoption. We aim to combat these issues by introducing GRN GRID and its native token GRN (GRN is pronounced as Green). Through the use of its novel and unique Proof of Stake v2 algorithm, GRN Grid is designed to be an energy-efficient, high performance, low fee smartchain that actively supports decentralization and security. Since our technology enables green-only transactions, Grid emerges as the first smartchain to be created with the capability of operating entirely on renewable energy sources. Furthermore, Grid incorporates several notable features, such as an integrated payment and escrow system, swapping pools, and encrypted chat between users. No permission is required for the functionality, and the Grid validator nodes are decentralized and permissionless.

The GRN token serves multiple use cases in Grid, including staking, paying for fees and validators incentives. Furthermore, GRN token is also used to promote the adoption of renewable energy by the usage of GRN token in the operations of a renewable energy and mining company. Grid’s objective is to accelerate the adoption of renewable energy in blockchain technology and to provide every company and person with the opportunity to “go green” as soon as WEB3.0 is universally embraced. Additionally, the progressive distribution of GRN for validation supports sustainable development and discourages wealth buildup. These characteristics position GRN as a viable alternative to existing (de)centralized technology.

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About GRN

GRN is a blockchain carbon footprint solution GRN convinces investors that it can make them rich and improve the climate, GRN token ($G) with Grid's power. From transaction fees to betting rewards, which have their own blockchain. GRN is a high-speed, eco-friendly and cost-friendly blockchain. It is explicitly built to speed up transactions with almost zero fees, which is power efficient. and build a user-friendly cryptocurrency exchange that always pays users back in GRN as rewards instantly. So the more transactions you make, the more rewards you earn. ~ Shop also products or services from authorized GRN partner merchants, and earn more GRN tokens! ~ With GRN you can buy, sell, pay and earn on your terms. everything that moves on the Grid is driven with GRN. GRN is the beginning of a sustainable blockchain and a way to care for our planet. GRN can be used in a variety of renewable cloud computing solutions worldwide.

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FEATURES OF THE GRID

  • Encryption: This feature will permit participants the opportunity to send and received up to 120 character messages which are attached to a transaction details. Reference code on payment, invoice number can contained in the encrypted message.

  • ExNode: This is the first decentralized based exchange to be integrated on the blockchain technology. The GRN wallet app will provide support to the ExNode which will make it possible for users of GRID to carryout their token staking and swapping to any other stable token on the GRD platform. With this, the GRID will run smoothly.

  • GRNPay: GRNPay allows participants to send and receive request of payment through GRID platform and this request can be accompanied by an encrypted message.

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Utility

Grid is a sustainable blockchain thanks to its power-saving validation method using renewable energy solutions. GRN assists the development of a green energy campus with a chain of selected charitable donations. Grid actively detects and punishes criminals by deploying security pools and combining them with the unique weighting system of the stake system, PoS2 Equipped with a new verification method with pooled validators for near-instant transactions. Lightning Trail Verification (LTV) Grid keeps the network stable and scalable under any circumstances. Built with an extensive payment and escrow system. You can send payment requests, swap batches, and encrypt messages.

GRN WALLET

The GRN wallet is deployed to run simultaneously along side the GRN GRID in order to improve the GRID Smart Chain usability. The wallet is designed with a multi functional feature.

GRN TOKEN INFORMATION

Green is the GRID native token designed to drive the platform's activities such as transaction payments, rewards on staking and validation, feature voting, as well as shopping activities on the GRID platform.
Token Name: GRN Token
Token Symbol: $G
Total Supply: 1,000,000,000 GRN

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CONCLUSION

Grid encompasses an innovative solution that has the potential to drastically reduce costs and create new opportunities on the blockchain community. It's decentralized and billed directly to users based on actual usage! Additionally, prior billing methods, especially when dealing with offline transactions, are eliminated in this system. Audits of user-performance thus become incredibly efficient because there isn't a need for trust or any type of middleman, thus saving everyone a considerable amount of time, money, and effort as a result!

#SustainableBlockchain #GRN #GRNGRID #Defi #cryptocurrency

For more information, please visit:

Website: https://discord.gg/bDPK9Vf24R
Telegram: https://t.me/grncommunity
Twitter: https://twitter.com/grngrid
Discord: https://discord.gg/bDPK9Vf24R
LinkedIn: https://grngrid.com/#
Youtube : https://www.youtube.com/channel/UCywkKdth85e4DNBZ_X0q_Nw

AUTHOR:

Forum Username: son1223
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3376522
POA : https://bitcointalk.org/index.php?topic=5390302.msg59566462#msg59566462
Telegram Username : @shuvenkar666
ERC 20 address: 0x5e87017Fe750E49b301e615840eC5cA4610A9353

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