Grin

Grin is a digital currency built for strong privacy and efficient operation on its blockchain. It uses a protocol called Mimblewimble, which hides transaction amounts and skips traditional wallet addresses entirely. Instead of showing who sent what to whom, transactions blend together in a way that keeps details private while still letting anyone verify the rules were followed. Grin launched with no company in charge, no pre-mined coins for founders, and no initial coin offering. New coins enter circulation at a steady rate of one Grin per second through mining.¹

To understand how the network functions, one must look at how it differs from traditional digital currencies. Most cryptocurrencies operate on transparent public ledgers where anyone can see the sender, the receiver, and the exact amount of money being transferred. Grin hides all of this information by default.² Furthermore, it uses advanced data compression techniques to keep the overall size of the software incredibly small, allowing average users to run the network on basic home computers.³

Initial History

On August 1, 2016, an anonymous user operating under the pseudonym "majorplayer" logged into the #bitcoin-wizards IRC channel. The user dropped a text file hosted on a Tor hidden service and then immediately logged off, never to return.⁴

The text file was simply titled "MIMBLEWIMBLE" and authored under the name Tom Elvis Jedusor. In the French translations of the Harry Potter book series, Tom Elvis Jedusor is the anagrammatic real name of the primary antagonist, Lord Voldemort.⁴ Furthermore, "Mimblewimble" refers to a tongue-tying spell from the same fictional universe. This was an inside joke by the anonymous creator, referencing the protocol's ability to tie the tongues of data observers by obscuring all transaction details.⁴

The paper outlined a theoretical blockchain design that fundamentally altered how transaction data is verified and stored. Traditional blockchain networks require computers on the network (called nodes) to store the entire history of every transaction ever made. This is necessary to verify who owns what. The Mimblewimble paper proposed a method to mathematically prove ownership without revealing the amounts transferred or the addresses involved, all while allowing older transaction data to be deleted from the network to save space.⁵

Cryptography experts quickly recognized the mathematical legitimacy of the proposal. On October 10, 2016, a mathematician named Andrew Poelstra published a follow-up paper that refined the original document and patched several minor security vulnerabilities.⁴

Shortly after Poelstra's review, another anonymous developer entered the scene. On October 20, 2016, a user named Ignotus Peverell announced the start of an open-source project to build a working version of the Mimblewimble protocol.⁴ Continuing the literary theme, Ignotus Peverell is the name of the wizard who originally possessed the Cloak of Invisibility in the Harry Potter series.⁴ Peverell named this specific software implementation "Grin".⁴

Over the next two years, an organic community of developers and cryptographers joined Peverell on the coding platform GitHub to turn the theoretical paper into a functional network.⁴ The project launched its first test network in November 2017, followed by a second test network in March 2018.⁶ After extensive community testing, the main network officially launched, and the very first block of data was processed on January 15, 2019.¹ A few months after the successful launch, Ignotus Peverell disappeared from public communications and has not returned, leaving the project entirely in the hands of its decentralized community.⁴

Why It Exists

The primary reason the protocol exists is to solve two specific problems inherent to early blockchain architectures: a lack of financial privacy and the continuous, unsustainable growth of blockchain data sizes.⁷

In a standard transparent blockchain, every transfer, sender, recipient, and specific monetary amount is permanently recorded on a public ledger.⁸ While users operate under pseudonyms (a string of letters and numbers representing an account), advanced tracking software can map transaction histories and link wallets to real-world identities.⁷ This transparency poses severe privacy risks for individuals buying everyday items and businesses trying to keep their financial operations hidden from competitors.

Additionally, because every node must store every transaction ever made to verify the network state, the data requirements to run a node grow indefinitely. This constant growth makes running network hardware increasingly expensive. If the software becomes too large for a regular person to download, only massive server farms will be able to run it, which ruins the decentralized nature of the network.⁸

The Mimblewimble architecture addresses these limitations through a combination of advanced math (specifically elliptic curve cryptography) and a data reduction technique known as cut-through.¹

Understanding Transactions Without Addresses or Amounts

There are no public addresses on the blockchain, and there are no visible amounts.¹ To an outside observer looking at the public code, all inputs and outputs look like completely random strings of data, technically referred to as random curve points.³

This privacy relies on a mathematical tool called a Pedersen Commitment.⁹ A Pedersen Commitment allows a user to lock a specific value in a digital box and keep it hidden from public view, while still allowing the network to verify the weight of the box. Specifically, the network can verify that the mathematical sum of all the money moving around balances out to zero.¹⁰

In a standard transaction, the total amount of money being sent must equal the total amount of money being received, plus a small network fee paid to the computers processing the transaction. The protocol uses a concept called a "blinding factor." A blinding factor acts as a shared private password that encrypts the transaction amounts.¹⁰ Both the sender and the receiver use a multi-signature process to create a shared password for their specific transaction.¹⁰

When Alice sends money to Bob, they engage in an interactive process to build the transaction together. They combine their money, their receiving destinations, and their blinding factors. The network computers then verify the transaction by subtracting the encrypted outputs from the encrypted inputs. If the result is exactly zero, the computers know that no new coins were illicitly created out of thin air, even though the computers have no idea how many coins were actually transferred inside the encrypted box.¹⁰

To prove ownership of the money without revealing the amounts, the protocol requires a digital signature. This signature proves that the difference between the outputs and inputs equals zero. This signature, combined with the mining fee and some specific network data, forms a very small data package called a "transaction kernel".³

Scalability Through the Cut-Through Mechanism

Because transactions consist solely of inputs, outputs, and small transaction kernels, the network can aggressively prune data that is no longer relevant to the current balances of its users.⁹

This pruning is achieved through a process called "cut-through".⁹ Think of it like canceling out debts. If Alice gives $10 to Bob, and five minutes later Bob gives that same $10 to Carol, Bob's involvement is mathematically irrelevant to the final outcome. The protocol can aggregate these two transactions and completely eliminate Bob's intermediate step from the permanent record.³

Before a block of data is finalized, the network combines all the individual transactions into what looks like one massive, single transaction.³ Any money that is created and then spent within that same block is cut out entirely.¹⁰ Pushing this concept further, the network applies this pruning across the entire history of the blockchain. Once a piece of digital money is spent in a future block, the data representing its past history can be safely deleted from the storage drives of the computers maintaining the network.³

The only permanent data left behind is the tiny transaction kernel, which is roughly 100 bytes in size.³ Because of this, the blockchain grows based on the number of active users rather than the total number of historical transactions.² The entire ledger remains drastically smaller than legacy networks, typically hovering around a few hundred megabytes. This small size allows users to run the software on older computers or low-power devices, making the network highly accessible.²

Its Ecosystem

The ecosystem operates without a central authority, foundation, or corporate backing.¹ Development relies entirely on grassroots efforts from individual contributors worldwide.² Anyone who contributes code, documentation, or testing is considered part of the team.⁵

Governance is managed by a technical committee and the Grin Community Council (GrinCC). This council makes decisions based on community consensus gathered through Request for Comments (RFC) proposals.² Smaller code changes occur via standard update requests on GitHub, while large protocol changes require the formal RFC process to ensure everyone in the community agrees on the direction of the software.² The council manages funds donated by the community and awards post-funding bounties to developers who successfully build tools, write code, or maintain network servers.¹¹

Current development is funded through the General Fund, which holds approximately 61.96 BTC as of Q4 2024,¹² with transparency reports published quarterly on GitHub.¹ The council operates through multi-signature wallets, meaning no single person controls the funds.²

The community communicates across several platforms. The primary hub for long-form technical writing and governance discussions is the official community forum.² Real-time chat happens across dedicated Telegram groups (covering general discussion, trading, and mining), Keybase, and the privacy-focused SimpleX network.²

Mining and Network Security

Grin runs on proof-of-work mining with a memory-focused algorithm called Cuckatoo32.² This algorithm was specifically designed to balance the mining ecosystem between general-purpose home computers and specialized industrial machines.⁹ The mining process relies heavily on computer memory rather than pure processing speed. This introduces artificial bottlenecks that make the hardware requirements unique compared to mining Bitcoin.¹³

Historically, the algorithm split into two variations. CuckARoo was designed to be resistant to Application-Specific Integrated Circuits (ASICs, which are expensive, specialized mining machines), allowing regular users to mine profitably using consumer-grade graphics cards from manufacturers like Nvidia.¹⁴ The second variation, CuckAToo, was designed specifically to accommodate those heavy-duty ASIC machines.¹⁴ Users looking to mine today generally rely on high-memory graphics cards and connect their hardware to public mining pools such as 2Miners or GaeaPool. These pools let miners combine hash rate and split block rewards.²

The Wallet Ecosystem

Because the base software lacks a graphical user interface and requires users to type commands into a terminal window, community members have built several third-party applications to make the network accessible to average people.²

For users requiring visual interfaces with buttons and menus, the community supports projects like Grin++ (written in C++ and available for Windows, Mac, Linux, and Android) and Grim (a cross-platform wallet available for desktop and mobile).² Further integration efforts remain active during 2026, with ongoing technical efforts to integrate the network into Stack Wallet, a popular mobile application that supports multiple privacy coins, and building an application for UmbrelOS, an operating system designed for people running personal home servers.^{11 15}

To send or receive Grin, both parties usually interact briefly during the transaction process. This step adds privacy but requires coordination. Full nodes help keep the network healthy and let users verify everything themselves.²

Slatepacks: How Transactions Actually Work

Because the protocol lacks public addresses, sending and receiving funds requires both the sender and the receiver to communicate with each other to build the transaction. In the early days of the network, this interaction required users to open internet ports on their routers to send data via HTTP, or to manually send data files back and forth via email.¹⁶ These methods were highly technical, caused firewall errors, and resulted in frequent support tickets from confused users.¹⁶

To solve this problem, developers created a universal transaction standard called Slatepack.¹⁶ Slatepack completely eliminates the need to configure firewalls or exchange raw files.¹⁶

The system relies on a Slatepack Address, which is a specialized public key encoded in a format called Bech32.¹⁶ This address does not represent ownership and never actually appears on the blockchain.¹⁶ It serves two purposes: it translates into a hidden Tor network address for automatic routing, and it acts as an encryption key to scramble the data.¹⁶

When Alice wants to send money to Bob, Bob provides his Slatepack Address (which always starts with the prefix "grin1").¹⁷ Alice enters this address into her wallet software. The wallet will first attempt a synchronous transfer over the Tor network. If Bob's wallet is currently online and connected to Tor, the transaction completes automatically in seconds, exactly like sending a traditional cryptocurrency.¹⁷

If Bob's wallet is offline, or if Tor is blocked by their internet provider, the wallet falls back to an asynchronous method.¹⁷ Alice's wallet generates a Slatepack Message, which is a block of encrypted text resembling a scrambled computer code.¹⁶ Alice copies this text block and pastes it to Bob via a secure chat app or email. Bob pastes the text into his wallet, which reads the data and generates a response text block. Bob sends this response back to Alice. Alice pastes the response into her wallet to finalize the transaction. Her wallet then broadcasts the completed mathematical proof to the blockchain, and the money moves.¹⁸

This asynchronous copy-paste method ensures that anyone, regardless of strict network restrictions, firewalls, or internet stability, can securely and privately complete a transaction.¹⁶ For users utilizing decentralized exchanges like Bisq, generating and exchanging these Slatepack messages in the trading chat window is the standard procedure to finalize trades.¹⁹ Furthermore, the command-line wallet allows users to generate payment proofs. These proofs use cryptographic signatures to prove to a third-party mediator that a payment was actually sent to a specific Slatepack address, an essential feature for resolving disputes.¹⁹

DeFi: Decentralized Finance on a Scriptless Chain

The protocol is frequently described as minimalist because it does not support the complex coding languages found on networks like Ethereum.⁹ Because it lacks these languages, it cannot natively run complex decentralized applications or standard smart contracts.⁹ However, developers achieve advanced Decentralized Finance functions using a clever workaround called "scriptless scripts".⁹

By utilizing the mathematical properties of elliptic curve cryptography, the network can execute multi-signature transactions, atomic swaps, and time-locked contracts without the heavy data bloat of traditional smart contracts.²⁰

Atomic Swaps and Cross-Chain Functionality

An atomic swap allows two people to trade different cryptocurrencies directly with one another without relying on a centralized exchange or a trusted middleman.²¹ The swap uses cryptographic locks to ensure that either both sides of the trade execute successfully at the exact same time, or neither does. This completely eliminates the risk of one person sending their money and the other person refusing to send their half of the trade.²¹

Developers within the community have built open-source tools to facilitate these trades. GrinSwap is a software project written in the Rust programming language designed to enable trustless atomic swaps between Grin, Bitcoin, and Ethereum.²² The software aims to improve the usability of digital assets by allowing users to move wealth securely between transparent networks and the privacy-preserving Mimblewimble ledger.²³ As of 2026, the specific coding libraries successfully execute swaps on test networks, though developers advise caution until fully integrated into standard graphical wallets.²²

Recent development work involves adaptor signatures, a cryptographic technique for atomic swaps that preserves privacy while enabling trustless trading.^{24 25}

Relative Timelocks and NRD Kernels

To support advanced transaction structures like payment channels (which allow users to send money back and forth instantly without waiting for the main network to process each step), the protocol utilizes "No Recent Duplicate" (NRD) transaction kernels.²⁶

An NRD kernel enforces a minimum waiting period between two specific transactions.²⁶ A transaction carrying an NRD kernel will be rejected by the network if a duplicate version of that transaction happened too recently.²⁶ For instance, if an NRD kernel is set with a relative lock of 1,440 blocks (roughly 24 hours in network time), the network will scan the past 24 hours. If it finds a duplicate kernel, the new transaction is rejected.²⁶ The computers running the network must maintain a special index of the past two weeks of history to verify these locks quickly without having to scan the entire blockchain.²⁶

These relative timelocks are a fundamental requirement for building fast, layer-two payment networks. They allow users to open a shared payment channel and transact instantly off the main network. If one person tries to cheat by broadcasting an old, fraudulent version of their balances, the NRD kernel introduces a mandatory waiting period. This waiting period gives the honest person time to prove the other person is cheating and secure their funds.²⁶

The MWixnet Privacy Initiative

While the Mimblewimble protocol hides amounts and deletes intermediate data, outside observers can still theoretically monitor internet traffic to link the IP addresses of the people sending transactions.¹ To combat this, the protocol has a built-in feature called Dandelion. Dandelion relays new transactions quietly among a small group of peers before broadcasting them widely to the rest of the network, a trick designed to confuse anyone trying to track where the transaction originated.¹

To elevate privacy even further, the community actively develops MWixnet, a specialized routing software known as a CoinSwap mixnet.²⁷ A mixnet routes transactions through a series of specialized servers called mixnodes.²⁷

When a user initiates a transaction through MWixnet, the data bounces through multiple servers. Each server takes a tiny fraction of a penny as a fee for its service.²⁷ The mathematical structure ensures that as long as just one server in the chain remains honest and deletes its routing logs, outside observers cannot link the sender to the receiver.²⁷ Throughout 2024 and 2026, the community has focused heavily on compiling, testing, and deploying MWixnet software on test networks.²⁷

As Investments

The monetary policy of the network is unique among digital assets. Most cryptocurrencies utilize a model where a hard cap is placed on the maximum number of coins that will ever exist. The protocol rejects this model entirely, opting instead for a linear, constant emission rate.⁹

The Constant Emission Rate and Inflation

The network creates exactly one new coin every second. This block reward is set at 60 coins per one-minute block, and this rate will remain constant forever.⁹ There is no maximum supply limit.⁹

Developers chose this specific economic model to ensure the long-term security and stability of the network.⁹ In capped-supply networks, the reward given to miners eventually drops to zero. When that happens, miners must rely entirely on user transaction fees to fund the electricity and hardware required to keep the network secure.⁹ Constant emission guarantees a steady payment to miners, ensuring they are always financially incentivized to protect the chain against hacking attempts, regardless of how many people are using the network at any given moment.⁹

While the supply is technically infinite, the inflation rate decreases mathematically over time. This process is known as disinflation.⁹ In the first year of operation, the inflation rate was exceptionally high at 7,500%.⁹ As the total circulating supply grows, the addition of 60 new coins per minute represents a smaller and smaller percentage of the total pool.⁹

By the year 2020, the inflation rate dropped to 100%. By 2024, it reached 20%.⁹ After 10 years of operation, the annual supply dilution will fall below 10%, and after 20 years, it will drop below 5%.⁹ By the year 2050, the inflation rate will settle at roughly 3.1%.⁹

This linear emission closely mimics the historical mining rates of physical gold.⁹ The design intentionally discourages early speculators from hoarding the asset, preventing the massive wealth concentration often seen in projects with decreasing supplies.⁹ Instead, the model rewards early and late adopters equally, tying the value of the asset to its actual utility as a medium of exchange.⁹

Market Performance

As of April 2026, the circulating supply stands at approximately 229 million coins.²⁸ The overall market capitalization fluctuates between $7.7 million and $8.6 million, placing it among the smaller capitalization tiers in the broader cryptocurrency market.²⁸

Market data from early 2026 shows the asset trading in a relatively stable range between $0.032 and $0.039.²⁹ Daily trading volume hovers around $3,500 to $5,100, indicating a niche but active market primarily utilized by privacy advocates and specific liquidity providers rather than mainstream retail traders.²⁹

The continuous emission model naturally dampens extreme price swings. Financial analysts note that the 2026 year-to-date volatility sits at approximately 12.4%, which is measurably lower than competing privacy assets that utilize shrinking reward cycles.²⁹

Traders buy and sell using stablecoins or other pairs. Mining offers another way to obtain Grin. Participants run mining software pointed at public pools. The network adjusts difficulty to keep the one-Grin-per-second creation rate steady.

Some centralized exchanges list GRIN when regulations and risk appetite allow; Gate.io is a venue that has carried spot markets, though availability varies by region and can change. Decentralized platforms like Bisq match buyers and sellers peer to peer without a centralized order book.²

Taxation and Compliance

Users treating the asset as an investment must adhere to their local tax laws. In many jurisdictions, including the United States, the asset is treated as property rather than currency. This classification means investors must calculate capital gains or losses every time they sell, trade, or spend the coins to buy goods. Short-term gains (assets held for less than a year) are typically taxed as regular income, while assets held for more than a year qualify for lower long-term capital gains rates. Users must meticulously track purchase prices, dates, and sale prices for accurate tax reporting, as the transparent ledger cannot be relied upon to prove transaction histories to tax authorities.³⁰

Historical price data from April 2026 shows typical short-term market movements:³⁰

Upcoming News and 2026 Development Plans

The protocol remains in an active state of development, described by its maintainers as experimental and constantly evolving.² During 2026, the community focused heavily on expanding hardware compatibility, improving synchronization stability, and expanding wallet features.¹⁵

A primary focus for core developers is resolving the "PIBD sync bug".¹⁵ This technical issue causes computers on the network to unexpectedly disconnect from peers while trying to download and verify the blockchain history. Fixing this bug is treated as a critical priority to ensure network stability for new users trying to sync their wallets.¹⁵ Additionally, the community is working to increase the number of active computers on the public test network, which currently suffers from low peer counts. Having only a few test servers makes it difficult for developers to test new features effectively before releasing them to the public.¹⁵

To improve the user experience, developers are finalizing an application for UmbrelOS.¹⁵ Umbrel is a popular operating system used by cryptocurrency enthusiasts to run plug-and-play network nodes on small devices like Raspberry Pis. An official application will allow users to install the software and verify their own transactions with a single click, dramatically lowering the technical barrier to entry.¹⁵ Furthermore, developers are creating a dedicated Windows installer file to streamline the setup process for desktop users who struggle with command-line tools.¹⁵

On the software governance front, the council is reviewing a formal proposal to implement natively supported multi-signature (MultiSig) wallets.¹⁵ MultiSig requires multiple different passwords to authorize a single transaction. This provides robust security for businesses holding funds or community members managing donated development money.³ Discussions and funding debates are also underway regarding the integration of the network into Stack Wallet.¹⁵

Future considerations beyond the immediate 2026 roadmap include integrating Tor ARTI bridges. These bridges will allow users living in countries with strict internet censorship to bypass national firewalls and access the network safely. Developers are also requesting funding to build a reference miner for the Cuckatoo algorithm to help support the dedicated mining community.¹⁵

A 2026 proposal for an iOS wallet reached prototype stage but was later withdrawn due to limited support.¹⁵

GRiN wasn't built for convenience... it was build for war

One thing that sometimes surprises newcomers to Grin is just how different it is to use. Normally, on a mobile wallet you select the sender, enter the amount, and hit send. Grin isn't like that at all.

Instead, you (sender) creates a transaction invite file that you then send to the reciever using encrypted email or text and then the receiver "signs" the transaction by importing the file or copy/pasting it to their wallet. They then send back the "signed" transcation invite back to you. Once you've received it, you paste their response into your wallet and it gets broadcasted to the network and they recieve the funds.

Transaction Sequence:

• You create a transaction file (called a Slatepack)
• You send it to the receiver via email, text, or chat
• They paste it into their wallet and add their part (their signature and inputs)
• They send a response file BACK to you
• You paste their response and finalize the transaction
• You broadcast it to the network
• Now they receive the funds

This back-and-forth design trades convenience for privacy. Both parties must exchange data to create the cryptographic protections that hide amounts and origins. This makes instant retail checkout difficult today, though the project aims toward everyday usability over time. It works best for transactions where privacy matters more than speed, not just extreme scenarios, but normal commerce where you simply don't want your purchase history recorded on a public ledger.

Advice for People Wanting to Get Started

Engaging with the network requires a basic understanding of mining mechanics, exchange platforms, and the unique transaction workflow. The following information outlines the technical steps to participate in the network and should not be construed as financial advice.

Anyone interested can begin by visiting the official Grin website at grin.mw and the documentation at docs.grin.mw. Download the latest official node and wallet binaries directly from the GitHub releases for grin and grin-wallet. Always check the SHA256 hash values listed on the release page to confirm the files are genuine. For easier use, try one of the community graphical wallets such as Grim or Grin++. Follow the quickstart guide to install and run a node, which syncs the blockchain and lets you create a wallet.

To acquire Grin, create an account on an exchange that currently lists GRIN in your jurisdiction (for example Gate.io) and trade for it using another cryptocurrency or stablecoin. If mining appeals, research compatible hardware and software for the Cuckatoo32 algorithm and connect to a public mining pool. Running your own full node improves privacy because you verify transactions locally instead of trusting third parties.

Every step involves personal research, security practices, and awareness of risks like software bugs or market changes.

Resources Available for Education and Development

The project maintains a comprehensive suite of resources for users, miners, and developers looking to understand or build upon the network.²

• Official Website: grin.mw serves as the primary entry point, offering safe downloads for the core software and links to community funding initiatives.¹
• Documentation: docs.grin.mw covers everything from simple installation guides for beginners to exhaustive mathematical breakdowns of elliptic curve cryptography, Merkle Mountain Ranges, and Dandelion privacy protocols for advanced computer scientists.²
• GitHub Repositories: github.com/mimblewimble/grin and github.com/mimblewimble/grin-wallet house all the open-source code, the formal Request for Comments (RFC) proposals, and detailed meeting minutes from the development team dating back to 2018.²
• Community Forum: forum.grin.mw hosts discussions, proposals, and governance debates.²
• Grin Community Council: grincc.mw provides information on community governance and funding.³¹
• Funding Transparency: github.com/mimblewimble/grin-pm contains reports and donation addresses with quarterly financial documentation.¹
• Block Explorers: Grincoin and Grinexplorer allow anyone to view the current blockchain height, mining difficulty, and overall network health without compromising individual transaction privacy.²

All code and decisions remain public. The project encourages users to verify software themselves and participate through the forum or donations if they choose.

Future Outlook and Regulatory Positioning

The trajectory of the network depends heavily on the broader regulatory environment and the continuous demand for private financial infrastructure. Heading into 2026, global financial regulators are finalizing stringent legal frameworks for digital assets.³² While many traditional privacy coins have faced delistings from centralized exchanges due to strict compliance concerns, the unique structure of this protocol provides distinct advantages.²⁹

Market analysts note that the network's lack of an initial coin offering, absence of a corporate foundation, and reliance on a completely fair launch model frequently categorizes it alongside Bitcoin in the eyes of regulators.²⁹ Because the software acts solely as a decentralized, open-source commodity without a central team driving profit, it avoids the securities classifications that plague centrally managed projects.²⁹

Furthermore, the integration of tools like Atomic Swaps and MWixnet positions the network to serve as a decentralized privacy bridge.²⁹ As institutional adoption of transparent public blockchains increases, advanced users and liquidity providers increasingly rely on Mimblewimble-based networks to prune transaction histories and protect trade secrets from on-chain analytics firms.⁷ The continuous development of user-friendly interfaces, combined with a predictable and inflation-resistant monetary policy, ensures the network remains a highly specialized tool for privacy-preserving electronic cash.

The Aquarian Take

Grin: The forgotten privacy coin...

Grin is one of those projects that I really like, but it's not really one that I see myself using. It's not because it's not a good project, it's because it's hard to use. The whole back and forth design means I have to coordinate with the other party to send or receive funds.

While Grin requires an interactive handshake between sender and receiver to build the transaction, the introduction of Slatepacks has made this asynchronous. You don't have to be online at the same time or coordinate live; you can simply send an encrypted block of text (the Slatepack) via any messaging app or email for the receiver to process at their convenience.

For an introvert like me... that basically turns a mole hill into a mountain. lol

I barely text or pick up the phone as it is- why would I do that to send or receive funds?

Don't get me wrong. I get why the tech is the way it is. It makes sense from the adversarial environment we find ourselves in. But for the average person (or basement dwellers like me)... it's just not practical.

I like Grin. And I may hold some in the future just to have the exposure, but I just can't see myself using it for everyday transactions.

That shouldn't prevent you from checking it out yourself. I'm excited to see where it goes and how it evolves.