What is Grin Coin?

image

Designed to bring privacy, swapability and scalability to the utmost milk level, it stands out as a crypto currency with MimbleWimble. The technical advantages of Grin are largely revealed by the principles of MimbleWimble. Therefore, to better understand Grin, it is necessary to analyze the components such as consensus and monetary policy in the best way.

Grin Coin has been one of the coins that have started to make a name with the recent activity in the crypto money market.

Grin, MimbleWimble's privacy and exchangeability features that best reveal; addresses do not include, transaction amounts and transactions by removing all the information from the broker literally reveal the highest level of security and confidentiality. However, the MimbleWimble -like blocks in Grin do not contain any operations, and the block provides a visual like a big operation. Here comes the foreground as a system based on the number of people who process more than the number of transactions.

Grin Coin Privacy Rating

All operations performed with MimbleWimble are opaque. But even though no address is available and the amounts are completely hidden, transactions are still securely verified. MimbleWimble is based on Elliptic Curve Encryption features to enable zero zero sum verification and private keys.

MimbleWimble does not contain any addresses. Instead, the two wallets that the recipient creates and sends an address to are sufficient to be used for data exchange. Only the participants can see this data and it is not possible to see and use it again from outside. There is also no obligation to be online. Verification of the process is done in a secure way, while the absence of any address ensures the highest level of security

Sort:  

Congratulations @resulerdogan19! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made your First Comment
You published more than 10 posts. Your next target is to reach 20 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91222.02
ETH 3113.00
USDT 1.00
SBD 2.90