Sustainable blockchain GRNGrid has received a $50 million commitment from digital asset investment firm GEM Digital. GRNGrid allows users to use nodes running on renewable energy for transactions. BrandyBetz reports
GRNGrid users have the option to only use nodes that run exclusively on renewable energy for their transactions.
Swiss non-profit The GRN Association oversees the development of GRNGrid. GRN is the native token of GRNGrid and can be staked to validate and earn validation rewards. The blockchain also has a built-in decentralized exchange called Exnode where consumers can provide liquidity.last week, which shifted the blockchain behind the second-largest cryptocurrency by market value from a proof-of-work consensus mechanimsm to the more sustainable proof-of-stake structure.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto exchange FTX obtains European investment firm licenseThe crypto exchange said on Thursday that its European division has received a license to operate as an investment firm in the region.
Read more »
Utah State treasurer pulls millions from investment firm over its climate and social agendaUtah State Treasurer Marlo Oaks has moved $100 million in state funds away from the BlackRock investment firm because of its focus on Environmental, Social and Governance issues, which Oaks and other GOP officials say is denying funding to the fossil fuel industry.
Read more »
SpaceX finally gets its rocket airborne after several scrubs | Digital TrendsAfter several scrubs due to poor weather, SpaceX launched its latest Starlink mission on Sunday in the first flight since its internet service went global.
Read more »
Metaverse Entertainment | HackerNoonThis article has tried to cover various dimensions of metaverse gaming entertainment based on blockchain technology.
Read more »
Jennifer Lawrence Finally Opens Up About Her Kid — Including His Name'The morning after I gave birth, I felt like my whole life had started over. Like, now is day one of my life.'
Read more »
New York City considers banning sale of guinea pigs as the popular pandemic pets overwhelm sheltersShelters in New York City have already received 600 guinea pigs to date this year, more than double the number received in 2019 during the same timeframe, according to a report.
Read more »