What is Gram

Article Summary, Automatically Generated By AI

Summary

  • Gram is a decentralized cryptocurrency using PoW-mechanism on The Open Network Blockchain (TON).
  • PoW allows fair distribution through a system of givers, enabling anyone to mine GRAM with simple devices.
  • Decentralized distribution ensures a smooth and fair launch, unlike other cryptocurrencies.
  • Initial emission is distributed through “PoW givers” smart contracts, making GRAM mining accessible to everyone.
  • Equitable distribution led to widespread popularity, with tens of thousands of holders in a short time.
  • Numbers: none
  • Case studies/anecdotes: none

About Gram: The Dawn of a New Era in Cryptocurrency

Gram is a decentralized cryptocurrency, the distribution of which is facilitated through a proof-of-work (PoW) mechanism anchored to The Open Network Blockchain (TON), thereby ensuring a secure and decentralized issuance process.

PoW was ingeniously designed to facilitate a fair distribution system, wherein a network of contributors enables any user to mine GRAM, regardless of the device used, be it a simple GPU, browser, or even mobile devices.

The distribution of coins is designed to be as decentralized as possible, ensuring a seamless and equitable launch for the community. Unlike many other cryptocurrencies, where early participants or creators often reserve a significant supply for themselves, GRAM takes a distinct approach. By leveraging special smart contracts, known as “PoW givers,” GRAM distributes its entire initial emission, making the mining process accessible to all.

The equitable distribution policy sparked unprecedented popularity within the TON community and beyond, culminating in the GRAM coin being widely dispersed among tens of thousands of holders in a remarkably short span of time, leaving the project’s creator astonished.

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