Grin is an open source privacy cryptocurrency based on the MimbleWimble protocol whitepaper that officially launched on January 15, 2019. Grin seeks to fill in the gaps of the private and light weight MimbleWimble blockchain protocol in oder to deploy a fully functional Grin blockchain and cryptocurrency platform. The Grin cryptocurrency is made to be private, scalable, and open source. The Grin project is fully funded by donations, and did not hold an initial coin offering (ICO), pre-mine, or founder's reward.
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- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- BitcoinBitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.
- Mimblewimble protocolThe Mimblewimble protocol is a blockchain protocol created to improve privacy, fungibility, and scalability of blockchains.