I was wondering if someone could brief me on GRIN status.
From the website I read that project was funded well - like 100 BTC but the wallets listed there are all cleaned out. Is there a community fund anymore? What happened to the original funding?
Is there anyone developing GRIN who were on the original team? And what happened to the original team?
Is anything really going on with GRIN? Is it being developed? I see discussions about forks, what are they?
There are still funds remaining. The original fund was split into the core fund and community fund, which have 50 and 25 BTC remaining respectively. Each has a ācouncilā of signature holders who can approve spending.
Yes. From what I saw the original āteamā wouldāve been Igno, Yeastplume, Tromp, and maybe Antioch. Yeastplume and Tromp are still here. There are likely some other original contributors who I didnāt notice or remained hidden.
Grin is in a pretty chill state, the scheduled hardforks and proof of work changes of its early years are done. It has seen and survived an inflation attack. Protocol wise PIBD is slowly underway, but it doesnāt change anything functionally about Grin itās just a more robust syncing method. The most activity is on grin-gui which will put the core node and wallet into a gui app which is cool.
Grin has always eschewed control. There is no formal organization, no singular leader (besides igno), and especially no legal entity. In a way the miners are in control, they control the consensus. In another way the community is in control, we could adopt a fork if we disagree with the miners. Personally, Iām going with whatever Yeastplume and Tromp say as long as theyāre here. If theyāre both gone or they enter profound disagreement anytime soon, then we have a problem.
Perhaps the most exciting thing being developed atm is CoinSwap, which obfuscates the tx graph, breaking linkability. So a Grin tx could have a similar level of privacy to a Monero tx.
Development progress thread:
Grin ++ an implementation of Grin written in C++ is in constant development:
Thereās also a Python implementation being worked on:
Thanks a huge bunch! I started lurking and reading updates in the last couple months but without an intro like yours and Trinitronās itās hard to get a grasp on a high level.
Seconded. I wonder if thereās a way to boost the image of the project. Clearly good work is being done, but its hard to notice without looking closely. Grin needs a marketing effort to complement the engineering efforts.
I recommend rooting for Grin to remain healthy internally, which it is, and enjoying the quiet here. Grin was already recognized by the important parties at mainnet launch and it didnāt make the market get it. When they get it they will get it, until then it is ours.
For me, itās sound like a great victory of Grin.
Binance signed Beamās death stop probably due to fraud or embezzlement.
While the remnants of BEAM are stripped by the vultures, GRIN will rise from the ashes like the Phoenix.
but grin will painfully struggle anyway
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