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
.
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