GRIN’s elegant monetary policy;
Since Grin is intended to have a block about every 60 seconds with 60 Grincoins in it, block height * 60 can be used to figure out the total supply at any given time.
The Grin cryptocurrency is community-driven and focused on privacy, scalability, and decentralization. In the same way that Bitcoin’s monetary policy has been set from the genesis block, Grin monetary policy is; a new grin is emitted every second, and it's to stay that way forever.
Even though inflation was higher and more like fiat money in the first few decades, it will go down because disinflation is a good feature of Grin.
Similar to GOLD;
Gold has historically had a linear emission, like Grin. See this graph comparing Bitcoin, Grin, and gold emissions.
For further info about monetary policy of GRIN, check GRIN.DOCS
MINING;
Grinmint.com pool is online and getting upgraded now. It is a community owned pool, which you can withdraw your mining rewards anytime with slatepacks. For better decentralization of the GRIN network, consider joining Grinmint.com.
Features;
Best, most profitable GRIN mining pool for miners.
Fastest payout (12 hrs) with lowest minimum threshold.
Accurate and useful reporting for miners.
Instant payouts.
2.5% pool fee.
Real time PPLNG payout scheme.
Detailed global and per-worker statistics.
Anonymous mining.
Payouts include block reward and fees.
Open Bounty opportunities
Grin Bulletin Board: Discussing three options and select one for bounty:
Design and code previously-introduced idea for Grin Bulletin Board or create your own.
Audit the Atomic Swap repo for functionality and completeness:
https://github.com/mimblewimble/grin-wallet/pull/618
If interested, reach out on the forum (https://forum.grin.mw), introduce yourself and begin discussion today!
1 BTC bounty for MacOS M1 Ultra miner:
Bounty - 1 BTC + 100 Grin ツ for a MacOS M1 C32 Open Source Miner with ≥0.5 Gps, offered by Cuckoo Cycle author by Grin Core developer Dr. J.Tromp.
Offline Wallet Grant. 30,000 grin will be given to anyone who can develop an offline wallet feature that can be integrated into Android/iPhone mobile devices.
10k ツ bounty for a Wordpress plugin to be used Grin payment on Wordpress Woocommerce platform.
You can join and contact via forum for the bounties.
PR
There are 121 issues at mimblewimble/grin and 72 issues at mimblewimble/grin-wallet.
Request for comments.
Governance
Alternative funding proposal discussion still being held on forum.
- Funding proposal 1: Parallel Initial Block Download
- Funding Proposal 2: Bounty for a Hardware Wallet implementation - bounty?
- Funding Proposal 3: Deep scan for grin-wallet (Rust)
- Funding proposal 4: Implementing Nostr in Grin++, grin-wallett or IronBelly
2 members of GRINCC stepped down, so proccess of electing new members is still being discussed within community.
The next bi-weekly development meeting is scheduled for Tue JULY 18 @ 15:00 UTC time.
grincoin#general on Keybase. You can add topics to the agenda & review past meeting notes
Grin is an opensource project, everybody is free to contribute and join. Thanks to all contributors.
Grin ツ is the original implementation of MimbleWimble.
This newsletter is written by @Cobragrin. Any views, materials, expressed opinions are personal and do not represent an official position of the Grin project. Any feedback, news or other suggestions, please email: grinpost@protonmail.com.
**Useful Links;