Environmentalism in Cryptoanarchism: Gridcoin Case Study

7 Pages Posted: 7 Mar 2018

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: February 27, 2018

Abstract

This paper discusses the intersection of environmentalism and cryptoanarchism, in the form of Gridcoin, a cryptocurrency which aims to mitigate the environmental impact of cryptocurrency mining, through the implementation of two methods: a Proof-of-Research scheme and a Proof-of-Stake protocol. This raises questions about the need for an environment-friendly consideration of the costs of cryptocurrency mining.

Keywords: Bitcoin, Cryptocurrency, Blockchain, Gridcoin, Electricity, Research Institutions

Suggested Citation

Chohan, Usman W., Environmentalism in Cryptoanarchism: Gridcoin Case Study (February 27, 2018). Available at SSRN: https://ssrn.com/abstract=3131232 or http://dx.doi.org/10.2139/ssrn.3131232

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Rawalpindi
Pakistan

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