Grin is a privacy-focused cryptocurrency that uses the Mimblewimble protocol to offer scalable and confidential transactions. Launched in 2019, it is designed to be lightweight, secure, and resistant to surveillance, with no need for trusted third parties. Grin employs a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, but with a focus on improving transaction privacy and reducing blockchain bloat. Unlike many other cryptocurrencies, Grin does not have a fixed supply cap, allowing for continuous issuance of new coins. However, the rate at which new coins are minted decreases over time, helping to mitigate inflation and provide long-term stability. The project emphasizes decentralization and aims to create a simple, scalable, and privacy-enhanced alternative to other digital currencies.
PoW or PoS (additional information required if PoS): PoW
Project website: https://grin.mw/
Telegram link: https://t.me/https://t.me/grinprivacy
Discord link: https://discord.gg/Z3sEfEU
X link: NA
Coingecko link: https://www.coingecko.com/en/coins/grin
Coinmarketcap link: https://coinmarketcap.com/currencies/grin/
