Author

Topic: [ANN] Grimble | PoW | 1st Grin Fork | MimbleWimble | Low Inflation! (Read 664 times)

sr. member
Activity: 378
Merit: 250
Innovative and very exciting project, it will surely be successful and will reach the planned goal. I hope this project will attract more investors
hero member
Activity: 1134
Merit: 501
Any news ?  can't find the nothing yet do you think this is serius project? thanks
it's a scam, look how many deleted posts there are, more than actual posts on this thread
Thank you mate, many scam project lately , let' wait if dev will give some news soon or is a dead project
copper member
Activity: 18
Merit: 0
Any news ?  can't find the nothing yet do you think this is serius project? thanks
it's a scam, look how many deleted posts there are, more than actual posts on this thread
hero member
Activity: 1134
Merit: 501
Any news ?  can't find the nothing yet do you think this is serius project? thanks
newbie
Activity: 96
Merit: 0
Reserved! pool
newbie
Activity: 13
Merit: 0
This is the only functioning fork of Grin right now as far as I can tell. I checked out Bitgrin too, but they have a huge developer fee and a stable block reward for four years. Let´s be honest, if it takes four years before anything happens to the inflation rate, you might as well stick to Grin.
hero member
Activity: 1134
Merit: 501
At least is not ico , many project should be like this, i would love to mine this coin let's see if it works!
copper member
Activity: 13
Merit: 2
full member
Activity: 168
Merit: 100
I am not the dev nor affiliated with this project, just posting on request of the dev.





What is Grimble?



Grimble is an anonymous PoW cryptocurrency based on the MimbleWimble protocol, with
a supply curve that encourages early investment and discourages the
extreme price volatility seen in other MimbleWimble based cryptocurrencies.


Anonymous

Grimble has no amounts and no addresses. Transactions can be trivially
aggregated. To hide where a newly created transaction comes from, it
gets relayed privately (a "random walk") among peers before it is
publicly announced.


Scalable

MimbleWimble leverages cryptography to allow most of the past
transaction data to be removed. This allows the blockchain to stay very
small,  and guarantees Grimble remains accessible for everyone.


Open To Everyone

Grimble is developed openly and transparantly. The coin distribution is
designed to be as fair, with a small 0.2% premine meant to encourage
further development, long term support and innovation. The 0.2% premine
will be used for development bounties, to reward community
participation, to compensate the developers for their effort and to
encourage long-term viability.

Grimble supply curve

Grimble has an initial block reward of 60 coins per block, with a 1
minute blocktime. After each cycle of 25,000 blocks, (slightly less than a month) the
reward is decreased by 1. The block reward is continually reduced by 1, until the block reward reaches 3 coins per block, at which point the reward remains low indefinitely to encourage
long-term viability. After the 57th reward adjustment, the reward
will reach 5% of its initial value and remain at that level indefinitely.

Please see the graph below to see the supply curve we’ve chosen.



Full details can be found HERE: https://imgur.com/a/4pveqXe



Community Initiatives

We offer several bounties for help from the community. Can you create a pool, explorer or help otherwise? Contact us via Discord or Twitter and we can work something out.


Grimble specifications

- Algorithm: Cuckoo Cycle PoW      More info HERE
- Block Time: 1 minute
- Block Reward: Dynamic (see schedule above)
- Total Coin Supply: infinite
- Coinbase maturiy: 1440 blocks
- Pre-mine: ~ 0.2% of the block reward generated in the first 3 years*
- Founders Reward: No
- ICO: No
- Masternodes: No


* The premine will be used solely for marketing purposes, development
costs and community bounties.

Binaries:
https://github.com/grimble-currency/grimble/releases


Grimble background
Learn more about MimbleWimble technology. You can find Andrew Poelstra’s Mimble Wimble Whitepaper HERE

Pools:
Coming soon! (Contact us)

Exchanges:

Coming soon!

Explorers:

http://explorer.grimblecurrency.com/

Get Involved!

- Twitter: https://twitter.com/GrimbleC
- Discord: https://discord.gg/FdY8Rf5
- Telegram: https://t.me/Grimblecurrency (Ran by community)
- Forum: (Coming soon!)
- Website: https://grimblecurrency.com



Grimble Mining

All Grin mining software is compatible with Grimble mining.
Software and guides below can be used for Grimble aswell. Make sure to change the port number.

How to get started: https://github.com/grimble-currency/grimble/blob/master/doc/build.md

- About:
https://medium.com/@blade.doyle/mwgrinpool-com-a-grin-mining-pool-345d67cb8e98
- Linux GPU Mining Guide:
https://medium.com/@blade.doyle/gpu-mining-on-mwgrinpool-com-how-to-72970e550a27
- Linux CPU Mining Guide:
https://medium.com/@blade.doyle/cpu-mining-on-mwgrinpool-com-how-to-efb9ed102bc9
- Payment Guide:
https://github.com/mimblewimble/docs/wiki/How-to-use-grin
- GitHub: https://github.com/grin-pool/grin-pool

This is a moderated thread. Constructive criticism is allowed, spamming/trolling/flaming is not. Thank you for understanding.
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