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BitGrin - MimbleWimble with Bitcoin economics, Fair Launch.

Discussion in 'Alternative Currencies' started by BitGrin, Feb 1, 2019.

  1. BitGrin

    BitGrin New Member

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    To ensure a fair launch we request everyone to share the countdown to the chain starting
    You can find more information at BitGrin. io or the bitcointalk ANN

    BitGrin is an implementation of MimbleWimble with time tested Bitcoin economics.
    This means there will only ever be 21,000,000 total coins, reducing block reward every 4 years.

    There will be only 21,000,000 BitGrin forever, period.



    Launch
    BitGrin will launch it's mainnet after securing support from miners and pools.
    Currently the target is to launch in 7 days, on February 7th, 2019.


    Technical Parameters
    Block time 60sec
    Reward 5 BitGrin, reducing every 2,100,000 blocks (approximately 4 years)
    PoW consensus with Cuckoo Cycle


    BitGrin uses a very lightweight implementation of MimbleWimble, allowing every user to have complete privacy and anonymity.
    BitGrin is also very scalable thanks to our implementation of MimbleWimble we can achieve 60sec blocks while maintaining a
    lightweight blockchain. BitGrin was built to follow the time-tested bitcoin economics to the letter, the max coin supply is 21,000,000.
    We added a flat-rate of 1BitGrin to be sent to developer wallets- effectively removing them from circulation- for the first 1,000,000
    blocks, to closely imitate the economic circumstance of “satoshis coins”

    BitGrin blockchain code, mining software code etc. Is completely open. This is an Open Source project, we encourage everyone
    to contribute and improve the code base, we also encourage every 3rd party in our ecosystem to do the same. Sharing is caring.
    To ensure a fair launch BitGrin will be released with a “one-click” miner that is functional with supported pools, so even
    non-technical users can immediately mine it and contribute in the economy.

    Features of BitGrin


    Anonymous transactions

    Healthy economics

    Open Source for All

    PoW with Cuckoo Cycle consensus system

    Highly Scalable
     

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