Privacy coin Grin goes live
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Grin, a cryptocurrency implementing the MimbleWimble privacy protocol, officially went live on the mainnet on Tuesday morning. According to GrinScan, the first Grin block was mined at 16:01:26 UTC. Grin's launch follows the January launch of Beam, another cryptocurrency implementing MimbleWimble. Unlike Beam, which has raised private funding and has implemented a 25% founder's reward, Grin developers rely "on donations to keep working on the project."
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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