GRN — Real Solution for Greener and More Sustainable Blockchain Technology

Money Prism
5 min readMar 24, 2022

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Bitcoin is the first cryptocurrency to offer blockchain technology to the world. By using blockchain technology, Bitcoin can make all transactions decentralized and free from intervention. But in operation, blockchain technology has consumed quite a lot of electricity globally. The data states that with the increasing use of cryptocurrencies globally, this also increases the use of electricity because it is known that blockchain technology uses a PoW system, where miners will work to be able to validate many transactions and as a reward, they will get a number of coins. The more transactions they validate, the higher the reward they will receive. And in this process, the use of electrical energy increases because most mining equipment uses electrical energy, most of which comes from non-renewable sources. If only the energy use of blockchain technology could be reduced, this would reduce the impact on global electricity use and this would make blockchain technology greener and more sustainable.

GRN: The Solution to the Carbon Footprint of Blockchain

The world is getting older every day, but the pollution produced by human activities is increasing every year, it is time for the world to need a concrete solution to overcome this problem. And because of this, GRN will be a solution to problems related to global pollution by offering a blockchain technology that is more sustainable and green for even greater use. GRN through the technology it has developed, namely GRID, will provide users with a blockchain technology that has unique and sustainable characteristics, but still pays attention to the security and reliability of the network. At GRN users will be able to find a greener ecosystem and support parties involved in greening the world. Because with the increasing number of applications are going to be relying on Blockchain, this is a new opportunity for GRN to be able to offer a blockchain technology that is greener and more sustainable, which will not use as much energy as used in other blockchain technologies.

Competitive Advantage

GRN has a competitive advantage which enables it to compete in the global crypto market. This is demonstrated by the GRID technology it offers:

  • Complex use: GRN will facilitate users to be able to use a reliable and sustainable blockchain technology even for more complex use cases, for example for cloud computing solutions all over the world.
  • Sustainable: GRN offers a more sustainable blockchain technology with a power-efficient method of validating using green energy. And later GRN will also carry out a donation action which will be done via voting on the chain.
  • Secure and Fast: GRN facilitates user transactions to be fast and secure so that it is free from intervention and hacking. GRN uses a pools security system and PoS2 and Grid’s lightning trail verification or abbreviated as LTV.
  • Other features: GRN through GRID also has other features will also build a payment system, escrow, message encryption, and pools swaps. These features will be accessible to users easily and securely.

GRN Market

The global crypto market is competitive. Many applications depend on blockchain technology and in the future this number will increase significantly. In the future, this competition will increase and a concrete solution is needed so that the use of blockchain energy in these applications can be reduced and this will have a significant impact on the use of electrical energy globally. And GRN welcomes this positive by offering a greener blockchain technology and this will help reduce the electricity use impact of blockchain technology globally. It is hoped that in the future this will become a standard blockchain technology, which offers a sustainable and secure decentralized network, and users will be able to apply blockchain technology more easily and sustainably.

Token Sales

GRN is the native token of the GRN platform and it is planned that GRN tokens will be sold through a token sale program that will be held in the future. The general token sale program will aim to raise funds for the development of the GRN platform, and it will take place in the future through a program with specific terms that are yet to be determined. In terms of developing the GRN platform in the future, this is necessary, so that the team can finance its operations. By participating in this token sale program from the start, users will be able to get tokens at a lower price and this will benefit users who invest early. To participate in this token sale program, users can read more complete details on the website and see more fully what requirements users must meet to buy this token.

Summarising

GRN pays attention to the development of sustainable and green blockchain technology because problems related to global pollution are increasing every year and this requires a concrete solution so that this will help reduce the amount of electricity used globally on blockchain technology. Due to the increasing number of applications that will use blockchain technology in the future, a real solution is needed and this must be present in a unique and green solution for global blockchain technology. And with the various features it offers, GRN will be able to help solve problems related to global pollution and will be able to offer innovative concepts for global blockchain applications that focus on reducing the global carbon footprint. But not only green and sustainable, GRN is a blockchain technology that can secure and speed up user transactions, so what we want to achieve is to reduce the global carbon footprint without compromising security and transaction speed on the network.

Important Links

Website: https://grngrid.com/
Twitter: https://twitter.com/GRNGRID
Telegram: https://t.me/grncommunity

Writer

BTT Username: Moneyprism
BTT Link:https://bitcointalk.org/index.php?action=profile;u=3442240
Telegram: @moneyprism88

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Money Prism
Money Prism

Written by Money Prism

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each …