Having done a lot of research on cryptocurrency lately, most of us are only aware of bitcoin, Etherum, tron and it's likes. I discovered the GRIN cryptocurrency. Bitcoin, on first release was as low as 0.0008USD per coin.
What is Grin and when was it Launched
Grin is a privacy - focused cryptocurrency which runs on the mimblewimble blockchain, introduced from the 'Harry Potter book'. The chain has no addresses, no amounts, and no need to store data of spent outputs. It is fully open source and community driven, has no single entity attached to it. It accepts discussion, development from everyone. Grin depend on funding from voluntarily contributors.
Unlike other cryptocurrencies, Grin was not developed by any company but an autonomous cryrograher hiding under the shadow of an assumed name called Ignotus Peverell as well as there contributors and developers. GRIN also has a considerable number of 79 taxpayers who are distributed throughout the world.
Launched on January 15th 2019, it is usually regarded as the only cryptocurrency that is almost next to Bitcoin, meaning it share similarities to Bitcoin. Grin operates on the proof-of-stake algorithm.
Why must I invest in Grin
Project Grin has reason to invest such as:
High Privacy
Thanks to the mimblewimble protocol of Grin that provide high privacy. All transactions are validated and verified but informations of the user is hidden. Because of this informations about, tracking individual transactions becomes very difficult.
It is based on transactions
Grin network is transaction based and cannot be used for smart contract or decentralized apps as in Ethereum.
Fully Decentralized
Grin is not owned by anybody or organization and as such there distribution of currencies are as fair as possible and based on equity.
No hard fork
Grin Cryptocurrency did not exist as a result of any hard fork, it is purely by donations, this will make miners rewards remain stable.
Grin network aims at achieving a more CHEAPER cryptocurrency transaction rates.
How can I get Grin Cryptocurrency
Mining:
This is one of the key point to the development team on Grin network. Reward is always 60 Grin coin and can be mined on ordinary CPU at a speed of 1 block per minute.
Buy from exchanges :
Bitforex
BigOne
Kucoin
Bittrex
HitBTC
Market analysis of Grin
The latest GRIN cost is $0.282408. As per this Grin analysis, today the investment has a 3.6 out of 10 safety rank and +136.7% expected profit with the value going to $0.668417. The strongest ranking factor for this cryptocurrency is Market Cap.
Grin is the new digital money.
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