Review on Grin by Viet Pham
GRIN privacy coin stands out in 2019
Grin private coin project running on Mimblewimble protocol as anonymous project BEAM, promote privacy and scalability.
Grin expands the number of users instead of the number of transactions, Grin runs on PoW mechanism like BTC, ETH. GRIN is used to pay transaction fees in the Grin Blockchain. GRIN is also used to make payments but anonymously
GRIN successfully implemented the mainnet in January 2019, the GRIN coin is stored on its own wallet.
GRIN coin has been listed on many reputable exchanges to ensure high liquidity as well as high trading volume.
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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
