GRN Grid is bringing in a new change

theliliput (30)in #technologymoney • 2 years ago

// About the operations of GRN Grid //

If Grid operates flawlessly with no imperfections, each validator will reap the benefits, while failing to do so will result in penalties for all validators. The following are some of the advantages of security pools and PoS 2:
It is important to prevent destabilization.
It is critical to prevent the accumulation of riches.
Protection against the 51 percent of attacks on your computer that are now underway.

// No need to worry about security //

Most notably, any validator contained inside a pool retains its identity until the pool is made accessible for usage by other validators, which is normally the case when the pool is made open. This is a very significant characteristic. It is hoped that this will prevent the formation of a cartel, which would otherwise destabilize the financial system. As previously indicated, it is feasible to spread the stake of a single validator among a number of pools in order to ensure that no validator has a majority of the voting power inside a particular pool.

PoS2

A security pool is selected based on a set of criteria created by the GRN Grid, and the voting power of the security pool is calculated based on a set of criteria produced by the same organization. Grid is the first progressive blockchain to reach a significant annual percentage yield (APY) via the use of Proof of Stake 2, making it the first to compete against powerful staking organizations (such as governments). While aggressively encouraging the recruitment of new validators (decentralization), it will also actively discourage the accumulation of big quantities of money.

// About the control over assets //

No political party would be able to gain control over a majority of the GRN money that has been staked, making it very difficult for them to do so. The capacity of a single organization to create a hostile environment or launch an attack on the Grid will not be limited in any way, regardless of who controls the overwhelming bulk of the GRN wealth that has been invested in this project. It is impossible to participate in a Security Pool due to the fact that it does not and will never hold a majority of the voting power inside one. It is a minor player in a minor league.

// GRN Grid is fast and scalable //

GRN Grid is a layer 1 blockchain that is built on top of third-generation blockchains and is designed for usage by developers. It is currently in beta testing. It is presently being tested in beta. It is currently being used for beta testing. With Grid, the world's first blockchain to prioritize sustainability above all other considerations, the technology is secure, scalable, and high-performing in every way. In addition, it is the most secure blockchain currently in use. A beta version of Grid is presently being tested. This project, with its recommendation of a new consensus technique (PoS2), as well as the declaration of exact hardware requirements, has immense potential since it addresses two of the most fundamental problems facing the third generation of computers (stability and decentralization). The Proof of Stake2 technology not only helps to enhance decentralization and security but also helps to increase the financial sustainability of the blockchain by increasing the amount of money that can be invested in it.

// Grid and customer usability //

Integration of consumer usability into GRID's design will make a significant difference in achieving this goal, as it currently does. A relatively basic structure is used in the construction of most current blockchains, from the first generation on up to the third generation. This structure is both simple to grasp and simple to use. GRN Grid, on the other hand, will provide a variety of critical decentralized jobs to businesses and customers, with this being performed via the use of distributed computing. Using a fully integrated trading system (DEX/P2P), it is able to communicate encrypted notes between parties, as well as submit invoice requests. It is possible to obtain the source code for such capabilities as open-source code, and any developer who desires to do so is encouraged to improve or build upon them.