couple years ago when grin went public on the market it was supposed to be the next big thing. I read little about it back then and a lot of big guys on CT were enthusiastic about grin. I remember reading that litecoin was going to implement their protocol in Litecoin but looking back now their market price dropped like 99% and it has died pretty much. So what happened ? Was it just a big pump and dump scam or has it really some potential that is overlooked?
Grin coin has infinite total supply and has high inflation in its first 6 years. Inflation or deflation supply rate of cryptocurrency is the first specification that is considered by experienced investors.Grin inflation rates
| Year # | Yearly monetary inflation rate |
| 1 | 36500% |
| 2 | 100% |
| 3 | 50% |
| 4 | 33% |
| 5 | 25% |
| 6 | 20% |
| 7 | 17% |
| 8 | 14% |
| 11 | 10% |
| 21 | 5% |
| 34 | 3% |
Lost of risks for defunct of one project in first 4 years and more in first 10 years.
IMO in 10 years:
- 30% chance grin is defunct, but roughly the same basic features are provided by other BTC-based off-chain systems such as LN.
- 25% chance grin is defunct, but basically the same thing exists as a widely-used Bitcoin sidechain.
- 15% chance BTC is the main store of value in crypto, while grin or a very similar altcoin is used for most daily payments.
- 1% chance grin advances significantly, and combined with its first-to-market advantage vis-á-vis its innovations, it out-competes BTC entirely.
- 14% chance some other altcoin out-competes BTC entirely. It won't be one of the existing ones, except perhaps grin as mentioned above.
- 15% chance global authoritarianism makes it very difficult to use cryptocurrencies at all, and the whole sector is reduced to a tiny niche.
- 30% chance grin is defunct, but roughly the same basic features are provided by other BTC-based off-chain systems such as LN.
- 25% chance grin is defunct, but basically the same thing exists as a widely-used Bitcoin sidechain.
- 15% chance BTC is the main store of value in crypto, while grin or a very similar altcoin is used for most daily payments.
- 1% chance grin advances significantly, and combined with its first-to-market advantage vis-á-vis its innovations, it out-competes BTC entirely.
- 14% chance some other altcoin out-competes BTC entirely. It won't be one of the existing ones, except perhaps grin as mentioned above.
- 15% chance global authoritarianism makes it very difficult to use cryptocurrencies at all, and the whole sector is reduced to a tiny niche.
