Introducing the Hidden Gem of Privacy Coins - GRIN
Grin is one of the projects having huge fundamental potential due to its innovative tech called "Mimblewimble" and the simplicity in implementation. The project suffered a price downward since the network launch in 2019. The reason was high early inflation, being hard to use, and lack of big exchange supports.
But the fundamental aspect of Grin remained shiny as it had no thought leader like bitcoin, a highly attractive logo and implementation written from scratch based on pure cryptography tricked to improve scalability on both storing data and privacy levels.
Lately attended volunteer developers are working on Grin-BTC atomic swap and adding CoinSwap proposal to the network which will upgrade the privacy of Grin on Monero level without compromising chain growth, due to Mimblewimble's cutting-through transaction history feature.
Even in late 2019, an anonymous person rumored to be Satoshi Nakamoto, from early bitcoin miners in 2010, donated 50 BTC to the project.
News link: cointelegraph.com/news/grin-receives-anonymous-50-btc-donation-sparking-satoshi-rumors
Having upcoming tax laws in the mind and more need for privacy in the world of decentralized transparent monies, Grin has the potential to grab others' attention from its meme-style logo to the tech it's supporting. Currently, the market cap of the project sits on 20M and reaching 3-4$ zone with considering 93M coins at the end of 2021 will result in $270-360M market cap which IMO has still a lot more room to grow if it gets hyped from its mentioned properties. Considering this was not a financial advice and you should DYOR, here are telegram links of the Grin's community to get more information:
t.me/grinprivacy
But the fundamental aspect of Grin remained shiny as it had no thought leader like bitcoin, a highly attractive logo and implementation written from scratch based on pure cryptography tricked to improve scalability on both storing data and privacy levels.
Lately attended volunteer developers are working on Grin-BTC atomic swap and adding CoinSwap proposal to the network which will upgrade the privacy of Grin on Monero level without compromising chain growth, due to Mimblewimble's cutting-through transaction history feature.
Even in late 2019, an anonymous person rumored to be Satoshi Nakamoto, from early bitcoin miners in 2010, donated 50 BTC to the project.
News link: cointelegraph.com/news/grin-receives-anonymous-50-btc-donation-sparking-satoshi-rumors
Having upcoming tax laws in the mind and more need for privacy in the world of decentralized transparent monies, Grin has the potential to grab others' attention from its meme-style logo to the tech it's supporting. Currently, the market cap of the project sits on 20M and reaching 3-4$ zone with considering 93M coins at the end of 2021 will result in $270-360M market cap which IMO has still a lot more room to grow if it gets hyped from its mentioned properties. Considering this was not a financial advice and you should DYOR, here are telegram links of the Grin's community to get more information:
t.me/grinprivacy
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