What does it do?
Grin empowers anyone to transact or save modern money without the fear of external control or oppression. Grin is designed for the decades to come, not just tomorrow. Grin wants to be usable by everyone, regardless of borders, culture, skills or access.
- Completely Private
- Highly Scalable
- Open to Everyone
- Supports most of the leading cryptocurrency technologies such as: atomic swaps, time locks, payment channels, lightning network, etc.
|Initial Funding & Distribution|
|Total Supply Sold||There was no ICO|
|Total Amount Raised||Funding campaigns|
|Price During the Crowdsale||n/a|
|Token Distribution||No information|
|Distribution of Funds raised||n/a|
| Sources: |
|Developer||Antioch Peverell (Unknown)|
|Founder||Ignotus Peverell (Unknown)|
|Core developer||Gary Yu|
|Developer||Quentin Le Sceller|
|Developer||Jasper van der Maarel|
|Total number of Commits||6 647 Commits (15 Repositories)|
Grin has no major partners yet, but it is already supported by big investment firms and exchanges such as poloniex.
Zcash – is a cryptocurrency which allows private transactions while using zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge).
Komodo – a fork of Zcash which allows users to choose if they want to keep their transaction confidential.
Verge – it uses TOR (The Onion Router) and I2P (Invisible Internet Project) network to become anonymous.
Zcoin – a zerocoin protocol which allows users to be anonymous.
DASH – uses a privacy – centric cryptographic currency which makes the transaction anonymous once a user uses PrivateSend.
Monero – a cryptocurrency which helps users to make private and censorship-resistant transactions.
Bitcoin Private is a unique forked currency as it is a merge of Bitcoin and ZClassic. It has the same privacy features as ZCash.
Bytecoin is using CryptoNote technology which make transactions untraceable and unlinkable.
Hshare/Hcash it uses the same zero-hash proof concept as Zcash which allows fully anonymous transactions.
Fiat Money – physical bills and coins that are used as a medium of exchange and issued by a government. The total supply is unlimited.
Potential market and clients
The main target is a consumer who is protecting his financial privacy. The adoption depends on the implementation of regulations for private cryptocurrencies and how willingness are users to switch from cash to anonymous cryptocurrencies
Utility and economic dynamics
- GRIN is used to make private transactions