Grin, a privacy-focused cryptocurrency, stands out for its minimalistic design, community-driven ethos, and constant emission, ensuring fair, secure, and censorship-resistant electronic transactions. More
| Fully Diluted Valuation | $7.60M |
|---|---|
| 24H Trading Volume | $24,614 |
| 24H Low / High | $0.04 / $ 0.04 |
| Circulating Supply | 208.70M |
| Total Supply | 208.70M |
| Max Supply | ∞ |
| Categories | Privacy 2 more |
|---|---|
| Founder | Anonymous |
| Website | grin.mw Whitepaper |
| Socials | 2 more |
| Explorer | Tokenview 3 more |
| Name | Pair | OG Score |
|---|
In the ever-evolving landscape of cryptocurrencies, Grin stands out as a beacon of privacy and scalability. Born out of the Mimblewimble protocol, Grin is a minimalist and lightweight digital currency that redefines the balance between privacy and scalability. The unique feature of Grin lies in its chain that eschews traditional addresses and amounts, eliminating the need to store data of spent outputs.
Grin operates on a fully open-source and community-driven model, devoid of a single controlling entity. The project's development is fueled by donations and voluntary contributions from individuals worldwide. With a blocktime of just one minute and a constant coin emission rate of 1 GRIN per second, Grin adopts a linear emission model, ensuring long-term security and a fair distribution process for all participants. This distinctive design not only guarantees the chain's security but also ensures a gradual reduction in inflation, making the emission disinflationary.
The inception of Grin traces back to an intriguing event in August 2016 when an anonymous figure named 'majorplayer' shared a document titled 'Mimblewimble' on a Bitcoin research IRC channel. This document, attributed to the pseudonym Tom Elvis Jedusor, piqued the interest of developers like Andrew Poelstra, leading to the refinement and technical elaboration of the Mimblewimble concept. Subsequently, in October 2016, a developer using the pseudonym Ignotus Peverell initiated the development of an implementation of the Mimblewimble protocol, birthing what we now know as Grin. Launched on January 15th, 2019, Grin epitomizes a vision for electronic transactions free from censorship or restrictions, designed for global use in the decades to come.
Grin stands out for its unique blend of privacy and scalability, utilizing the Mimblewimble protocol to create a lightweight cryptocurrency with no addresses or amounts, ensuring secure and private electronic transactions.
Grin was initiated by a developer under the pseudonym Ignotus Peverell in October 2016, who began implementing the Mimblewimble protocol, eventually leading to the launch of Grin on January 15th, 2019.
Grin is not controlled by any specific company, foundation, or individual. Its development is community-driven and funded by donations, embracing a decentralized and open-source ethos.
You can buy Grin (GRIN) on Gate.io, HitBTC cryptocurrency exchanges.
Join
OGAudit
