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Rank #1931

Grin Price

GRIN

$0.04516

0.21%

฿0.00000045

Grin Price Chart (GRIN)

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Market Stats

Market Cap
$8,381,495
Fully Diluted Valuation
$8,381,620
Circulating Supply
185,470,800
Total Supply
185,473,560
Volume 24h
$14,432
Price Change (1h)
1.2%
Price Change (24h)
0.21%
Price Change (7d)
5.6%
All Time High

Jan 17, 2019

$25.09
99.82%
All Time Low

Oct 7, 2024

$0.02
100.52%
Grin Price Update

Grin price is $0.04516, down -0.21% in the last 24 hours, and the live market cap is $8,381,495. It has circulating supply of 185,470,800 GRIN coins and a max supply of 185,473,560 GRIN alongside $14,432 24h trading volume. Now, you can view this coin price in INR.

Notes

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About Grin

Grin is a privacy-focused cryptocurrency, which implements the Mimblewimble protocol, named after the fictional tongue-tying curse from the popular Harry Potter novels.  As the curse suggests,  the network hides public addresses and the amounts involved in transactions.


Check the current Grin price, market cap, circulating supply, trading volume, historical statistics, etc., along with in-depth information on several of the biggest and fastest-growing cryptocurrencies on CoinStats, one of the best crypto platforms around.


CoinStats is a cryptocurrency research and portfolio tracker app that provides investment advice and valuable information on cryptocurrencies, including the latest news, to help investors make better decisions.


What Is Grin?


GRIN is a minimalist cryptocurrency that implements the scalability- and privacy-focused  Mimblewimble protocol for an uncommon balance of privacy and scalability. There are no wallet addresses in the chain, no amounts, and no need to store the data of spent outputs.


Mimblewimble is a variant of the cryptographic protocol known as Confidential Transactions, aiming to achieve privacy and prevent double-spending by allowing for transactions to be obfuscated yet verifiable.


GRIN is a  highly scalable, privacy-centric digital currency with robust privacy features. It enables global peer-to-peer transfers.


Grin's decentralized mining network enables users to make private transactions. Its secure nature makes it ideal for minimizing risk.


Grin Founders


Tom Elvis Jedusor placed the original Mimblewimble white paper on a bitcoin research channel in August 2016 and then disappeared.


In October 2016, Andrew Poelstra, a mathematician at Blockstream, implemented Jedusor's original idea in a precise paper and added further scaling improvements. A few days later, Ignotus Peverell started a Github project called Grin and began turning the Mimblewimble paper into something tangible.


Since then, Grin has grown into a working blockchain, without a formal work team or an official CEO, developed by various community members. It was launched in January 2019 without a pre-mine, ICO, or founders rewards and relies on donations by multiple companies and professionals to support the project's long-term development.


How Does GRIN Work?

Grin is a cryptocurrency focused on privacy created by developers around the world. The developers want Grin to be usable by everyone regardless of borders, culture, skills, or access.


Without address information or amounts stored on the blockchain, the chain is meant to be lean and scalable. Transactions can be trivially aggregated. To cover the origin of the newly created transaction, it's relayed among a subset of peers before being broadcasted.


The Grin network is a community-supported open-source project. Grin isn't managed by a single organization, and its development is funded by contributions. Everyone can discuss, influence, or work on its development.


The blockchain applies the Cuckoo Cycle consensus algorithm for the security and accuracy of the operations. Cuckoo Cycle is a memory-bound proof of work system that wants to help level the playing field for cryptocurrency miners. It does this by introducing artificial bottlenecks in the memory of mining machines.


The result is that Grin aims to have much more egalitarian mining than its competitor Beam does.


Grin's block time is 1 minute, with a coin base reward of 60 Gin. Its linear emission produces a constant expansion in supply and reduces inflation.

The use of the Mimblewimble privacy protocol is what sets Grin apart. Mimblewimble uses cryptography to erase past transaction data without compromising security. It avoids the burden of the data that needs to be stored on the chain to destroy Grin.


Where Can You Buy GRIN?


The top exchanges for trading GRIN are ZT, Gate.io, HitBTC, KuCoin, and BKEX.

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Grin Markets

See More
#ExchangePairVolume (24H)Volume (%)PriceLast Updated
1
BitForexBitForex

GRIN/USDT

$490,462.16593.1%

$0.06775

10M ago

2
BitForexBitForex

GRIN/BTC

$26,416.665.01%

$0.05646

10M ago

3
Gate.ioGate.io

GRIN/USDT

$8,280.481.57%

$0.04524

Recently

4
BiboxBibox

GRIN/USDT

$1,576.8930.3%

$0.0453

Recently

5
Gate.ioGate.io

GRIN/ETH

$58.6570.01%

$0.0464

Recently

6
HitBTCHitBTC

GRIN/BTC

N/AN/A

$0.03592

Recently

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