GREEN AND CLEAN ENERGY PROJECT — GRN GRID

Kmadhu
4 min readApr 23, 2022

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INTRODUCTION

GRN is intended to provide efficient thanks to the longer term of crypto projects with the goal of delivering a sustainable blockchain platform supported renewable energy resources and supporting clean energy campuses, thus minimizing e-waste and blockchain energy consumption throughout the planet to market a future ecosystem focused on decentralization, sustainability, and environmental initiatives to market a future ecosystem focused on decentralization, sustainability, and environmental initiatives. Bitcoin mining consumes a lot of energy, much like gold mining.

The groundbreaking GRN Grid addresses the issue by introducing the Grid and GRN coins, both of which use a single Proof of Stake V2 algorithm for energy-efficient, high-performance, and low-fee transactions. GRN creates a decentralized, safe, and, most importantly, cleaner world of sustainable development, depending completely on renewable energy sources for its operations. GRN is the beginning of a sustainable blockchain, and hence the gratitude for caring for our earth. GRN are widely used in a variety of renewable cloud computing systems throughout the world. Overall, the GRN group works to protect the crypto community’s goal of sustainability, as well as blockchain technology’s long-term viability. GRN aims to preserve the decentralized nature of the blockchain while also upgrading and cleaning up initiatives for a greener earth.

PRIMARY FEATURES

For near-instant transactions, a new verification approach using pooled validators is included.
Grid has the potential to be a long-term blockchain because to its energy-efficient validating process and utilization of renewable energy solutions for a better today and future.

GRN contributes to the event of green energy campuses by making charitable gifts that are voted on in a chain.
Grid’s unique weighted proof of stake system, PoS2 Grid, actively identifies and penalizes bad actors by deploying security pools. When combined with Grid’s unique energy-efficient validations and renewable resources, Grid may be a sustainable blockchain. GRN also enables users to contribute to the smartchain’s green objective by promoting the creation of green energy campuses throughout the globe via philanthropic donations.

GRN Grid is continuously on the watch for threat actors, and it employs two-step validation procedures in combination with its PoS2 technology to identify and charge them. Validators who replace their equipment regularly to save energy, e-waste, and negative environmental implications are also penalized by the Grid.

Grid’s outstanding LTV (Lightning Trail Verification) might be a key component in ensuring quick performance, allowing for near-instant transactions while maintaining a stable network that can grow in any circumstance. Grid’s outstanding performance and speed are dependent on GRN Nodes and pooled validators all over the globe, which are powered by renewable energy mining operations.

GRN Grid’s Proof of Stake V2 consensus method successfully optimizes the blockchain’s energy consumption. To provide a safe and sustainable blockchain, randomly picked security validators and a concave function for assigning voting rights are used to drastically reduce energy usage.

Grid’s Lightning Trail Verification (LTV) ensures that the network is always reliable and expandable.

Grid might be the answer to a major weakness in blockchain technology. The GRN Grid is powered entirely by renewable energy, lowering its carbon impact. GRN also has a ReCharge initiative for recycling hardware, as well as tight hardware criteria to keep the need for replacements to a minimum.

GRN supports greener energy campuses throughout the globe by donating to charity on the Grid smartchain. The provision of green certificates by GRN to validators employing renewable energy sources encourages individuals to join the clean-environment movement. In the future, the Grid will think that its GRN Grid Nodes will be powered entirely by renewable energy sources.
Web 3.0, the next generation of the internet, is the answer to today’s technological problems, with Web 3.0 apps and technology processing data via an interoperable, smooth, and integrated system, making social interactions and a variety of other applications more practical. With Web 3.0 application creation and deployment capability on the Grid, GRN is fully set up and ready to go.

GRN’s Proof of Stake V2 provides irregular validators for security pools using an unique declining concave function of the validator’s stake for randomized pools. The POS2 ensures that a validator monopoly does not gain control of the GRN Grid pool, and that validators with smaller stakes have an equal chance of being chosen and receiving substantial payouts.

GRN ($G) TOKEN — THE GRID FACILITY

GRN (G) is GRN Grid’s native coin, and it has a variety of uses, including staking, fee payment, and validator incentives. GRN may also be used to pay for (energy-related) services supplied by certain of the Project’s partners. Everything on Grid is powered by GRN, from transaction fees to staking rewards.

The coin GRN, and therefore the sustainable blockchain GRN Grid, was created at the initiative of GRNBi B.V. to address environmental pollution issues.

GRN collaborates with partners in the renewable mining and hosting industries all around the globe. GRN Energy (a GRNBi BV product) is one of the most essential project partners, with a large worldwide network that has shown interest and can start operating Grid validator nodes. These unique collaborations will not only ensure the network’s reliability, but will also make Grid an extremely costly network from the start.

Here Are The Important Links:

https://grngrid.com/

https://t.me/grncommunity

https://twitter.com/grngrid

Information About Me:

Forum Username: kasun3538

Profile Link: https://bitcointalk.org/index.php?action=profile;u=2867075;sa=summary

Telegram Username: @kasun9876

POA:

Erc-20 Wallet Address: 0x297b2ff07a780e9d45c1Fd33eAB6326991857FA5

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