Grinflation.com

Grin supply: 105,231,840

Current Price: $0.0814

Market Cap: $8,565,872

GRIN genesis block was mined on 2019-01-15 17:38:05 UTC
1222 days ago.

Block Time: 1 minute
Block Reward: 60 GRIN

Yearly Inflation Rate: 29.99%

Year Supply Inflation%
2019 31,557,600 inf
2020 63,115,200 100.0
2021 94,672,800 50.0
2022 126,230,400 33.3
2023 157,788,000 25.0
2024 189,345,600 20.0
2025 220,903,200 16.7
2026 252,460,800 14.3
2027 284,018,400 12.5
2028 315,576,000 11.1
2029 347,133,600 10.0
2030 378,691,200 9.1
2031 410,248,800 8.3
2032 441,806,400 7.7
2033 473,364,000 7.1
2034 504,921,600 6.7
2035 536,479,200 6.3
2036 568,036,800 5.9
2037 599,594,400 5.6
2038 631,152,000 5.3
2039 662,709,600 5.0
2040 694,267,200 4.8




What is GRIN?

Grin is a minimalistic, lightweight cryptocurrency, implementing the Mimblewimble protocol for a unique balance of privacy and scalability. The chain has no addresses, no amounts, and no need to store data of spent outputs.

Grin is fully open-source and community-driven. There is no single entity behind it, Grin’s development is funded by donations as well as done voluntarily by contributors. Everybody can discuss, influence, or work on its development.

Grin’s blocktime is 1 minute, each with a coinbase reward of 60 grins, thus creating 1 unit per second, forever. This linear emission creates a constant increase in supply, but a decreasing rate of inflation; making the emission disinflationary. This simple design serves to ensure both the long term security of the chain and a fair process of coin distribution to all participants.

In Aug 2016, an anonymous person using the nickname ‘majorplayer’, signed onto a Bitcoin research IRC channel, dropped a link to a document, then signed out. The document titled ‘Mimblewimble’ was authored under the pseudonym Tom Elvis Jedusor. Several developers took an interest, one of them being Andrew Poelstra, who later published a paper which added several refinements and a detailed technical description of the original whitepaper.

In Oct 2016, a developer under the pseudonym Ignotus Peverell began work on developing an implementation of the protocol and was soon joined by others in an effort to build the project which ultimately came to be known as Grin. It was launched on January 15th, 2019.

Grin emission:
1 Minute: 60 GRIN
1 Hour: 3,600 GRIN
1 Day: 86,400 GRIN
1 Week: 604,800 GRIN
1 Month: ~2,592,000 GRIN
1 Year: 31,557,600 GRIN

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