Pros
- Back.
- Will allow.
- Safe.
Cons
- No prizes.
Grin Review
24
·
Followers 3
·
Average
Rating
3.7
Crypto Projects
Description of Grin
Grin (GRIN) is a cryptocurrency . Users are able to generate GRIN through the process of mining. Grin has a current supply of 98,212,860. The last known price of Grin is 0.0710415 USD and is down -0.99 over the last 24 hours. It is currently trading on 30 active market(s) with $867,840.00 traded over the last 24 hours. More information can be found at https://grin.mw/.
Pros
- Transaction information is well protected
Cons
- Huge price drop from 2019
Pros
- It is used quickly, effectively and reliably for international operations.
Cons
- There is no reward for creators.
Pros
- Quick access, security framework all around
- Information exchange is very secure
Cons
- no
Pros
- Backing for exceptional definitions and ordinary pursuits in various tongues.
- The shipment was completed without burrowing before any work was done to the undertakings or associations.
- The improvement group is to move away from the otherworldly focus, so there is no particular district, everything is considered.
Cons
- There is no genuine interface in the wallet
Pros
- The platform also works with international transaction.
- the transactions are very fast and reliable.
Cons
- The company should improve their site features.
Pros
- Support for special definitions and regular searches in different dialects.
- The shipment was carried out without digging before any work was done to the enterprises or organizations.
- The development team is to move away from the spiritual center, so there is no specific region, everything is taken into account.
Cons
- There is no real interface in the wallet
Pros
- It is utilized for international transactions swiftly, efficiently, and safely.
- It's a platform that allows for unrestricted anonymous transactions.
Cons
- There are no drawbacks.
Pros
- It is very fast
- Fast accessibility
- It has a well secured security system
- It also has social media for passing out information
Cons
- None for me
Pros
- Privacy by default that will allow us complete fungibility.
- Driven by the community and thus promoting decentralization.
- It follows the MimbleWimble protocol which has excellent scaling and anonymity features.
- Relatively fast lock time (one minute).
Cons
- Investors are not accepted. You want to stay away from that and avoid manipulating your development.
- There are no rewards for creators.
Pros
- It is a platform that allows anonymous transactions without restrictions.
- It is used quickly, easily and safely for global transactions
- It allows a distribution of mining rewards in a balanced way.
Cons
- There are controversies regarding its MimbleWimble privacy protocol
Pros
- New project that can be developed and offer new ways to update
- Interest of new developers
- High reliability in relation to anonymity
Cons
- e has very little information about this crypto so new developers avoid seeing it.
- His emphasis on anonymity has made government agencies worry about what this money is invested in.
- Thus, a disappointment has been generated by users since their price and quotation leave much to be desired.
- This currency is not accepted worldwide
Pros
- Ideas that will improve the platform
Cons
- None
Pros
- On the monetary policy side, Grin adopted an inflationary policy: the number of tokens is infinite and 60 are created for each block. This means that it will be necessary to wait 100 years to have a rate of monetary emission lower than 1%. This is why Grin will not aim to become a store of value, but rather a confidential exchange tool.
- Despite the simple design of its site, Grin is a serious crypto project, both in terms of its technical model and its monetary policy, which differs greatly from the classic model.
- Grin came with the intention to improve the world, not to enrich it easily, for the same reasons that brought Bitcoin to the world.
Cons
- Not resistant to quantum: Mimblewimble systems are not resistant to quantum computers (overdeveloped and ultra powerful computers). MW is based on relatively simple properties of digital signatures. Having said that, be aware that a mature, functioning quantum computer is unlikely to be a reality for decades to come, cryptocurrencies using Mimblewimble will likely find ways to prevent quantum attacks in the years to come.
- Volume of transactions: Confidential transactions significantly reduce transaction throughput. Compared to a non-private system, a blockchain that uses CT reinforces its confidentiality but its GST rates suffer (transactions per second). That said, we can admit that the compact size of MW offsets the GST limit caused by confidential transactions.
Pros
- Project based on customer privacy, hiding both the wallet address and the amount of the transaction. Cryptocurrency based on the Mimblewimble protocol, being one of the cryptocurrencies that uses this protocol. It uses the Cuckoo Cycle labor test mining algorithm. Available in multiple exchanges, with different exchange rates with either BTC, ETH or USDT
Cons
- Being in a development stage, its use system is really complicated to send or receive GRIN. It is only compatible with portfolios on the linux platform. Its volatility rate is very high, since when making relatively new and proceed with few currencies in circulation.
Pros
- GRIN coin has been listed on many reputable exchanges, large trading volume
- The ability to remain anonymous as well as ensure the security for users
- The potential price of privacy coins is huge
- The identity network gives management rights to the community
Cons
- Not yet listed on Binance Huobi
- Not leader can make the project goals deviate from the original
- The possibility of inflation in the early years is high because the total supply is not limited
- The platform has not been used much, so it is primarily speculative
Pros
- It should be noted that the project is a working platform for real user actions, no matter how much I hate anonymity in this industry
Cons
- I described the main disadvantages in the text, but I also want to note that no one knows the project team and nothing prevents just closing it with your money
Pros
- Complete anonymity of users, transactions and amounts.
- Good project logo.
Cons
- I didn't like the dekstop wallet. It is too simple and uninteresting.
Pros
- No ICO, no pre mine.
- Highly scalable blockchain.
- Project is being developed by a highly competent group of developers.
- It has developed a huge community and expression among the crypto space, with multiple solid exchanges listed the coin.
Cons
- The only visions that could use an update is the reporting visualization component. All of your high-level data is there to see, but it could use a little bit more freedom with manipulation.
Pros
- Grin is famous for a special mechanism for privacy called Mimblewimble which protects the information of transactions from the public but still enables the whole network to verify if they are valid or not
- The blockchain is somehow just like Bitcoin as it's hosted no ICO and will never accept capital investment. This is a sign of true decentralization
- The algorithm Cuckoo Cycle support the low-end gadgets to mine Grincoin so it will not be centralized
- The nature of Grin blockchain only allows the storage of some essential data for proceeding verification; therefore, there should be no problem of scalability over the time
- Its coin economy is good to prevent the inflation by reducing the emission of the coins by the time
- There is no official development team behind the project, but there are some only some volunteers help working on the project
- The volume is very high on many major exchanges
Cons
- There are some drawbacks of PoW and one of them are the impact on the environment
- Bad UX/UI is something that should be improved very much to attract users
- There are many dominant competitors in the field of Grin
- Block time is a little bit long (about 10 minutes)
