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Grin Overview
24h High
$0.03
24h Low
$0.03
24h Change
-0.42%
7d Change
-1.49%
30d Change
-17.48%
Volume 24h
$833.69
Market Cap
$6.36M
Circulating Supply
231.80M GRIN
Grin News
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About Grin
Grin (GRIN) is a cryptocurrency that focuses on privacy, using the Mimblewimble protocol to enhance privacy, scalability, and fungibility. It has strong privacy features, a straightforward design, and uses an independent mining approach. It is an open-source project with a community-led development process that aims to avoid centralized control. The Grin team aims to provide a secure, accessible, and truly decentralized cryptocurrency, continuously improving the protocol and expanding its adoption.
- The Origin of MimbleWimble (August 2016): The MimbleWimble white paper, proposing a blockchain model enhancing privacy, scalability, and fungibility, was introduced by an individual under the pseudonym Tom Elvis Jedusor.
- Andrew Poelstra's Contribution (October 2016): Andrew Poelstra, a mathematician at Blockstream, refined and expanded upon the original MimbleWimble proposal, adding scaling improvements. Andrew Poelstra version.
- Development of Grin (2016 - 2019): Ignotus Peverell initiated the Grin project on Github, transforming the MimbleWimble concept into a tangible blockchain project. Over time, Grin evolved through community collaboration and was officially launched in January 2019.
GRIN, the native token of the Grin blockchain, serves several key functions:
- Private Transactions: Leveraging the MimbleWimble protocol, GRIN is used for conducting private and secure transactions within the Grin network.
- Network Fees: Transaction fees on the network are paid in GRIN, kept minimal due to the efficient design of the protocol.
- Miner Incentives: The Grin network rewards miners with GRIN for validating transactions and securing the blockchain.
- Peer-to-Peer Exchange: GRIN facilitates private and decentralised value exchange between users.
Grin Markets
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Grin Platforms
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Grin Market Data
The live Grin price today is $0.03 USD with a 24-hour trading volume of $833.69 USD. We update our GRIN to USD price in real-time. Grin is down 0.42% in the last 24 hours.
The current market cap is $6,364,100.77 USD, ranking #774 by market capitalization. The circulating supply is 231,801,540 GRIN.