Overview#

Grin is an Open Source software project that implements a MimbleWimble blockchain and fills the gaps required for a full blockchain and cryptocurrency deployment.

The main goal and characteristics of the Grin project are:

• Privacy by default. This enables complete fungibility without precluding the ability to selectively disclose information as needed.
• Scales mostly with the number of users and minimally with the number of transactions (<100 byte kernel), resulting in a large space saving compared to other blockchains.
• Strong and proven cryptography. MimbleWimble only relies on Elliptic Curve Cryptography which has been tried and tested for decades.
• Design simplicity that makes it easy for Auditing and maintain over time.
• Community driven, encouraging mining decentralization.

A detailed post on the step-by-step of how Grin transactions work (with graphics) can be found in the Medium post Grin Transactions Explained, Step-by-Step.

More Information#

There might be more information for this subject on one of the following:

• MimbleWimble

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• [#1] - Introduction to MimbleWimble and Grin - based on information obtained 2019-04-07