Grin

Grin

Grin GRIN Rank #727

Learn how to buy Grin (GRIN) Token. What is it, price and staking

Grin Exchanges

Exchange Market Pairs Buy
KuCoin BTC/USDT Buy here
Gate.io BTC/USDT -
TradeOgre POT/BTC -
ViteX PASC/ETH -
AEX QRK/USDT -
BKEX SYS/USDT -
Bibox XEM/USDT -
Hotbit PPC/USDT -
HitBTC PPC/BTC -
YunEx SNET/USDT -
Grin is a minimalist, lightweight cryptocurrency that implements the Mimblewimble protocol to strike a unique balance between privacy and scalability. The string has no addresses, no quantities, and there is no need to store the spent output data. Grin is completely open source and community driven. There is no single entity behind it, the development of Grin is funded by donations and done voluntarily by taxpayers. Everyone can discuss, influence or work on its development. Grin's block time is 1 minute, each with a base coin reward of 60 smiles, thus creating 1 unit per second, forever. This linear issue creates a constant increase in supply, but a decreasing rate of inflation; make emissions disinflationary. This simple design serves to ensure both the long-term security of the chain and a fair process of distributing coins to all participants. In August 2016, an anonymous person using the moniker "main player", signed up for a Bitcoin research IRC channel, posted a link to a document, which was later signed. The document titled "Mimblewimble" was written under the pseudonym Tom Elvis Jedusor. Several developers became interested, one of them being Andrew Poelstra, who later published a whitepaper that added several refinements and a detailed technical description to the original whitepaper. In October 2016, a developer under the alias Ignotus Peverell began work on developing an implementation of the protocol and was soon joined by others in an effort to build the project that eventually became known as Grin. It was released on January 15, 2019.