Investment Dynamics in Grin Mining

This chapter explores the early investment landscape of Grin, a cryptocurrency with innovative mining strategies. It examines the balance between equal opportunity and outcomes in mining, detailing the transition from GPU to ASIC mining rewards to promote decentralization and competition.

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Episode notes

Daniel Lehnberg and Michael Cordner, core team members of Grin, discuss the first implementation of the MimbleWimble protocol, named after a tongue-tying curse in Harry Potter. We discuss the many ways in which Grin is similar to Bitcoin: its origin story, its goal to be "digital cash," as Satoshi's paper was subtitled, and even its emission schedule. We discuss how Grin is private, how it is lighter weight than the Bitcoin blockchain, and the philosophy behind Grin, which stands in stark contrast to the many ICOs.

For the full show notes, go to http://www.forbes.com/sites/laurashin/2019/04/09/a-nimbler-more-private-version-of-bitcoin/

Thank you to our sponsor!

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Grin: https://grin-tech.org

Grin newsletter: https://grinnews.substack.com

Daniel Lehnberg: https://twitter.com/lehnberg?lang=en

Michael Cordner: https://twitter.com/yeastplume?lang=en

MimbleWimble white paper: https://scalingbitcoin.org/papers/mimblewimble.txt

Grin Intros:

https://github.com/mimblewimble/grin/blob/master/doc/intro.md

https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md