GRIN

GRIN Grin

Price of 1 Grin today (22 November)

$ 0.033

2.32%

Price Min/Max

24 hrs

$ 0.03

$ 0.04

30 days

$ 0.02

$ 0.04

1 year

$ 0.02

$ 2.07

Market Cap

$ 6,146,387

+16.16%

#1936

Trading Volume, 24h

$ 26,232

+22.39%

Supply token

184,108,680 GRIN

Price of Grin (GRIN)

The first currency trading commenced in 15 January 2019 , and up to the present day, Grin (GRIN) is traded on 4 crypto exchanges, including Gate.io, TradeOgre, Bibox, HitBTC and others. The maximum trading volume is observed for the trading pair GRIN/USDT and reaches 22.6 ths. dollars (76% of the total volume across all exchanges). During the week, the minimum price for Grin (GRIN) is fixed on Saturday at 0.03 cents. Currently, the token Grin is trading in the range of 3.34 cents or 3.38 ruble for 1 GRIN.

Exchanges where GRIN is traded

	Exchange	Pair	Price	Volume, 24h
1	Gate.io	GRIN/USDT	$ 0.03 ₮ 0.0331	$ 16,029	Go
2	TradeOgre	GRIN/BTC	$ 0.03 ₿ 0.00000035	$ 5,353	Go
3	Bibox	GRIN/USDT	$ 0.03 ₮ 0.0334	$ 3,342	Go
4	TradeOgre	GRIN/USDT	$ 0.03 ₮ 0.0332	$ 3,180	Go
5	Gate.io	GRIN/BTC	$ 0.03 ₿ 0.00000033	$ 1,505	Go
6	Gate.io	GRIN/ETH	$ 0.03 Ξ 0.0000097	$ 227	Go
7	HitBTC	GRIN/USDT	$ 0.03 ₮ 0.0321	$ 53	Go

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Calculator GRIN

GRIN

USDT

1 GRIN = 0.03 USD

Full version

What is Grin?

Grin coin is a private & lightweight open source project based on the mimblewimble blockchain implementation. MimbleWimble is a lightweight blockchain protocol proposed by anonymous author that goes by the name Tom Elvis Jedusor (inspired by Harry Potter) in July 2016. Since then, the proposal has gained a huge following among Bitcoin and privacy advocates.

Unlike bitcoin or ethereum, there are no addresses in Grin. In order to transact using Grin, both wallets must communicate with each other online with the results broadcasted to the network. Another key different is that transaction history (sender, receiver, amount) will not be recorded on the blockchain.

Due to the removal of these information from the transaction, the data size remains small and that keeps the blockchain lightweight. New nodes can easily join the network without having to download a large blockchain.

Grin coin was launched without an ICO, fundraising, or pre-mine. Developers around the world contribute openly with the goal to ensure the coin distribution remains as fair as possible.

There are 2 popular wallets widely available to interact with the Grin network.
Grin core wallet: https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins
Wallet713: https://www.coingecko.com/buzz/how-to-use-grin-wallet713-to-send-and-receive-grin-coin-step-by-step-guide

The consensus algorithm used by Grin is the Cuckoo Cycle proof-of-work based. There are 2 hashing algorithms involved with Grin. Cuckoo-29 is meant for GPU mining while Cuckoo-31 is meant fo ASIC mining. This is a deliberate design to encourage miners to eventually move into ASIC mining for efficiency while keeping it fair at the beginning of the launch.

Grin coin has launched its mainnet on 15th January 2019 and is now available for mining and trading.