Rank #N/A
6,042 people like this
grin  (GRIN)

Grin (GRIN)

$0.337512 3.1%
0.00000698 BTC 1.0%
6,042 people like this
24H Range
Market Cap ?
24 Hour Trading Vol $3,036,127
Circulating Supply ?
Total Supply
Max Supply ?
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Grin (GRIN) Price Chart

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GRIN Price and Market Stats

GRIN Price $0.337774
Market Cap ?
Market Cap Dominance 0.00%
Trading Volume $3,037,023
Volume / Market Cap 0.1112
24h Low / 24h High $0.323818 / $0.338271
7d Low / 7d High $0.310798 / $0.349175
Market Cap Rank N/A
All-Time High $261.65 -99.9%
Jan 16, 2019 (over 2 years)
All-Time Low $0.220919 52.9%
Nov 04, 2020 (11 months)

Grin Coin Price & Market Data

Grin price today is $0.337512 with a 24-hour trading volume of $3,036,127. GRIN price is up 3.1% in the last 24 hours. It has a circulating supply of 0 GRIN coins and a total supply of ∞. If you are looking to buy or sell Grin, Gate.io is currently the most active exchange.

Grin coin is a private & lightweight open source project based on the mimblewimble blockchain implementation. MimbleWimble is a lightweight blockchain protocol proposed by anonymous author that goes by the name Tom Elvis Jedusor (inspired by Harry Potter) in July 2016. Since then, the proposal has gained a huge following among Bitcoin and privacy advocates.

Unlike bitcoin or ethereum, there are no addresses in Grin. In order to transact using Grin, both wallets must communicate with each other online with the results broadcasted to the network. Another key different is that transaction history (sender, receiver, amount) will not be recorded on the blockchain.

Due to the removal of these information from the transaction, the data size remains small and that keeps the blockchain lightweight. New nodes can easily join the network without having to download a large blockchain.

Grin coin was launched without an ICO, fundraising, or pre-mine. Developers around the world contribute openly with the goal to ensure the coin distribution remains as fair as possible.

There are 2 popular wallets widely available to interact with the Grin network.
Grin core wallet: https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins
Wallet713: https://www.coingecko.com/buzz/how-to-use-grin-wallet713-to-send-and-receive-grin-coin-step-by-step-guide

The consensus algorithm used by Grin is the Cuckoo Cycle proof-of-work based. There are 2 hashing algorithms involved with Grin. Cuckoo-29 is meant for GPU mining while Cuckoo-31 is meant fo ASIC mining. This is a deliberate design to encourage miners to eventually move into ASIC mining for efficiency while keeping it fair at the beginning of the launch.

Grin coin has launched its mainnet on 15th January 2019 and is now available for mining and trading.

Grin News & Guides

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