BitGrin is a implementation of MimbleWimble with time tested Bitcoin economics.
This means there will only ever be 21,000,000 total coins, reducing block reward every 4 years.
Now listed on BitMesh and Vinex Exchange
There will be only 21,000,000 BitGrin forever, period.
Visual representation here. https://bitgrin.io/comparision-of-emission/
Keeping Development Healthy
BitGrin has a modest dev fee distributed monthly at a rate of 10% of the circulating supply. By the end
of 4 years the dev team will have acquired 4.76% of the total supply through this
feature. After this, no further dev fee applies.
We feel this is a fair way to help compensate ongoing development, without resorting
to a donations-based system.
BitGrin mainnet is launched!
Explorer here: https://explorer.bitgrin.io/
Block time 60sec
Reward: 4.5 BitGrin, halving every 2,100,000 blocks (approximately 4 years)
PoW consensus with Cuckoo Cycle
BitGrin uses a very lightweight implementation of MimbleWimble, allowing every user to have complete privacy and anonymity.
BitGrin is also very scalable thanks to our implementation of MimbleWimble we can achieve 60sec blocks while maintaining a
lightweight blockchain. BitGrin was built to follow the time-tested bitcoin economics to the letter, the max coin supply is 21,000,000.
BitGrin blockchain code, mining software code etc. Is completely open. This is an Open Source project, we encourage everyone
to contribute and improve the code base, we also encourage every 3rd party in our ecosystem to do the same. Sharing is caring.
To ensure a fair launch BitGrin will be released with a �one-click� miner that is functional with supported pools, so even
non-technical users can immediately mine it and contribute in the economy.
Features of BitGrin
Open Source for All
PoW with Cuckoo Cycle consensus system