SlideShare ist ein Scribd-Unternehmen logo
1 von 10
Downloaden Sie, um offline zu lesen
Facts About New Cryptocurrency
Coin
Introduction
● The constant digitization has its allure but in doing so
there is a decrease in privacy.
● For companies like Facebook & Google , the personal
data of a person seems to be fair game for all.
● Last month, a new blockchain, focused on privacy and
GRIN was launched.
● This new crypto uses its native MimbleWimble protocol to
transact in Bitcoin.
What is GRIN?
● GRIN is an upcoming cryptocurrency project focused on
scalability and privacy that is built by implementing a
MimbleWimble blockchain.
● It is an open-source project that offers a refreshing list of
things that it will not do.
● This name borrowed from the famous children’s fantasy
universe of Harry Potter.
Continued
● MimbleWimble was a promising crypto protocol that
encrypts multiple transactions to make them inaccessible
to anyone.
● This was designed by a coder who goes by the moniker,
Tom Elvis Jedusor and then this code was used by a
cryptographer.
● He worked on and implemented the protocol to release a
token named as GRIN.
What is MimbleWimble?
● It is a blockchain protocol that mixes several innovative
technologies to radically change how transactions are
constructed in Bitcoin.
● It also reduce the size of the blockchain.
● It addresses two areas that is privacy and scalability.
How Does Grin Work?
● Most cryptos work on a principle of full transparency but
Grin being a privacy looks to do the exact opposite.
● It ensure that transactions on their chain are anonymous,
non-transparent and untraceable.
● Its Peer to Peer setup allows wallets to trade.
● It ensure that wallets that are executing the trade only
those exchange data for a limited time.
Grin’s Cuckoo Proof-of-Work Consensus
● Grin does not implement a new consensus mechanism
like proof of stake to achieve consensus.
● It goes back to the bread and butter of PoW using the
Cuckoo Cycle algorithm.
● PoW was selected to mitigate against the Bitcoin-style
“hardware arms-race” by making it ASIC resistant.
● Cuckoo Cycle is a memory-bound algorithm, making it
viable for CPUs and increasing its decentralization.
Monetary Policy of Grin
● Grin aims to be more of a currency for transacting than a
store of value, currently different from Bitcoin.
● It has created a monetary possible that is designed to
make the currency’s value more stable.
● Myles Snider offers an excellent analysis of the potential
implications of Grin’s monetary policy.
Current Status of Project
● Grin released its Testnet V4 and the cryptocurrency is
expected to launch sometime in 2019.
● Grin has flown under the radar compared to more high-
profile projects.
● Grin’s use of the MimbleWimble protocol gives it some
compelling potential.
● Grin is open to contributions from developers and is
definitely worth watching as it continues to evolve.
THANK YOU
www.mobiloitte.com

Weitere ähnliche Inhalte

Was ist angesagt?

Blockchain: 12 predictions for a new world
Blockchain: 12 predictions for a new worldBlockchain: 12 predictions for a new world
Blockchain: 12 predictions for a new worldPhilippe Camacho, Ph.D.
 
Blockchain security research (in 2 minutes)
Blockchain security research (in 2 minutes)Blockchain security research (in 2 minutes)
Blockchain security research (in 2 minutes)Sergei Tikhomirov
 
The applications of blockchain and crypto currencies
The applications of blockchain and crypto currenciesThe applications of blockchain and crypto currencies
The applications of blockchain and crypto currenciesGrzegorz Gawron
 
Bitcoin’s blockchain - from hashes to Escrow and beyond
Bitcoin’s blockchain - from hashes to Escrow and beyondBitcoin’s blockchain - from hashes to Escrow and beyond
Bitcoin’s blockchain - from hashes to Escrow and beyondGrzegorz Gawron
 
What is Block-Chain Technology?
What is Block-Chain Technology?What is Block-Chain Technology?
What is Block-Chain Technology?ThreadSol
 
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.Daniel Rodríguez López
 
Blockchain - to be or not to be
Blockchain - to be or not to beBlockchain - to be or not to be
Blockchain - to be or not to beSergey Khandogin
 
Blockchain in Media - Newhouse School Media-Nxt
Blockchain in Media - Newhouse School Media-Nxt Blockchain in Media - Newhouse School Media-Nxt
Blockchain in Media - Newhouse School Media-Nxt Sean Branagan
 
Michael J Casey at Bristlecone Pulse 2017, MIT
Michael J Casey at Bristlecone Pulse 2017, MITMichael J Casey at Bristlecone Pulse 2017, MIT
Michael J Casey at Bristlecone Pulse 2017, MITBristlecone SCC
 
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?Nadav Zeimer
 
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPressBDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPressMark Smalley
 
Blockchains and Global Value Chains
Blockchains and Global Value ChainsBlockchains and Global Value Chains
Blockchains and Global Value ChainsNelson Rosario
 
Introduction to Cryptocurrency(Bitcoin).
Introduction to Cryptocurrency(Bitcoin).Introduction to Cryptocurrency(Bitcoin).
Introduction to Cryptocurrency(Bitcoin).Karan Gaba
 
A Gentle introduction to Blockchain with Ethereum
A Gentle introduction to Blockchain with EthereumA Gentle introduction to Blockchain with Ethereum
A Gentle introduction to Blockchain with EthereumJohann Romefort
 

Was ist angesagt? (20)

Blockchain
BlockchainBlockchain
Blockchain
 
Blockchain: 12 predictions for a new world
Blockchain: 12 predictions for a new worldBlockchain: 12 predictions for a new world
Blockchain: 12 predictions for a new world
 
Blockchain security research (in 2 minutes)
Blockchain security research (in 2 minutes)Blockchain security research (in 2 minutes)
Blockchain security research (in 2 minutes)
 
The applications of blockchain and crypto currencies
The applications of blockchain and crypto currenciesThe applications of blockchain and crypto currencies
The applications of blockchain and crypto currencies
 
Bitcoin’s blockchain - from hashes to Escrow and beyond
Bitcoin’s blockchain - from hashes to Escrow and beyondBitcoin’s blockchain - from hashes to Escrow and beyond
Bitcoin’s blockchain - from hashes to Escrow and beyond
 
Crypto currency
Crypto currencyCrypto currency
Crypto currency
 
What is Block-Chain Technology?
What is Block-Chain Technology?What is Block-Chain Technology?
What is Block-Chain Technology?
 
Crypto Economics.pptx
Crypto Economics.pptxCrypto Economics.pptx
Crypto Economics.pptx
 
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.
Criptomonedas, Blockchain y Bitcoin. Presente, pasado y futuro.
 
Analyzing Bitcoin Security
Analyzing Bitcoin SecurityAnalyzing Bitcoin Security
Analyzing Bitcoin Security
 
Blockchain - to be or not to be
Blockchain - to be or not to beBlockchain - to be or not to be
Blockchain - to be or not to be
 
Blockchain in Media - Newhouse School Media-Nxt
Blockchain in Media - Newhouse School Media-Nxt Blockchain in Media - Newhouse School Media-Nxt
Blockchain in Media - Newhouse School Media-Nxt
 
Michael J Casey at Bristlecone Pulse 2017, MIT
Michael J Casey at Bristlecone Pulse 2017, MITMichael J Casey at Bristlecone Pulse 2017, MIT
Michael J Casey at Bristlecone Pulse 2017, MIT
 
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?
Nadav Zeimer | What is Mimblewimble and How Does it Differ from Bitcoin?
 
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPressBDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
 
Crypto mining
Crypto miningCrypto mining
Crypto mining
 
NFT crypto
NFT cryptoNFT crypto
NFT crypto
 
Blockchains and Global Value Chains
Blockchains and Global Value ChainsBlockchains and Global Value Chains
Blockchains and Global Value Chains
 
Introduction to Cryptocurrency(Bitcoin).
Introduction to Cryptocurrency(Bitcoin).Introduction to Cryptocurrency(Bitcoin).
Introduction to Cryptocurrency(Bitcoin).
 
A Gentle introduction to Blockchain with Ethereum
A Gentle introduction to Blockchain with EthereumA Gentle introduction to Blockchain with Ethereum
A Gentle introduction to Blockchain with Ethereum
 

Ähnlich wie Facts about new cryptocurrency coin

CryptoJacking and Security: Evolution of a Hack
CryptoJacking and Security: Evolution of a HackCryptoJacking and Security: Evolution of a Hack
CryptoJacking and Security: Evolution of a HackBryan Becker
 
Total privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and GrinTotal privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and GrinEugene Pavlenko
 
Enigma Weekly 24/01/2019 - Grin and Bear it...
Enigma Weekly 24/01/2019 - Grin and Bear it...Enigma Weekly 24/01/2019 - Grin and Bear it...
Enigma Weekly 24/01/2019 - Grin and Bear it...Aliya Itzkowitz
 
Enigma Weekly - Grin and Bear it
Enigma Weekly - Grin and Bear itEnigma Weekly - Grin and Bear it
Enigma Weekly - Grin and Bear itBenedict Perez
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterInvestingTips
 
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...willbitgo
 
Smart Contract: QA Role for Decentralized Platform
Smart Contract: QA Role for Decentralized PlatformSmart Contract: QA Role for Decentralized Platform
Smart Contract: QA Role for Decentralized PlatformMarco Andrade
 
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAINBLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAINETCenter
 
Demystifying blockchain
Demystifying blockchain   Demystifying blockchain
Demystifying blockchain Vinod Kashyap
 
Seun - Breaking into Protocol Engineering (1).pptx
Seun - Breaking into Protocol Engineering (1).pptxSeun - Breaking into Protocol Engineering (1).pptx
Seun - Breaking into Protocol Engineering (1).pptxSeunLanLege1
 
How blockchain will impact search engines
How blockchain will impact search enginesHow blockchain will impact search engines
How blockchain will impact search enginesVictoria Olsina
 
DELLA - CRYPTOCURRENCY PRICE TRACKER
DELLA - CRYPTOCURRENCY PRICE TRACKERDELLA - CRYPTOCURRENCY PRICE TRACKER
DELLA - CRYPTOCURRENCY PRICE TRACKERIRJET Journal
 
A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin hellenjones2
 
A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin hellenjones2
 

Ähnlich wie Facts about new cryptocurrency coin (20)

CryptoJacking and Security: Evolution of a Hack
CryptoJacking and Security: Evolution of a HackCryptoJacking and Security: Evolution of a Hack
CryptoJacking and Security: Evolution of a Hack
 
Total privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and GrinTotal privacy of transactions, Mimblewimble and Grin
Total privacy of transactions, Mimblewimble and Grin
 
Enigma Weekly 24/01/2019 - Grin and Bear it...
Enigma Weekly 24/01/2019 - Grin and Bear it...Enigma Weekly 24/01/2019 - Grin and Bear it...
Enigma Weekly 24/01/2019 - Grin and Bear it...
 
Enigma Weekly - Grin and Bear it
Enigma Weekly - Grin and Bear itEnigma Weekly - Grin and Bear it
Enigma Weekly - Grin and Bear it
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto Winter
 
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...
The Future of Bitcoin Security Will O'Brien BitGo Presentation at TNABC #btcm...
 
Smart Contract: QA Role for Decentralized Platform
Smart Contract: QA Role for Decentralized PlatformSmart Contract: QA Role for Decentralized Platform
Smart Contract: QA Role for Decentralized Platform
 
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAINBLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
 
pdf 9.docx
pdf 9.docxpdf 9.docx
pdf 9.docx
 
Blockchain 101
Blockchain 101Blockchain 101
Blockchain 101
 
Demystifying blockchain
Demystifying blockchain   Demystifying blockchain
Demystifying blockchain
 
Bitcoin Cryptocurrency
Bitcoin CryptocurrencyBitcoin Cryptocurrency
Bitcoin Cryptocurrency
 
AI and Blockchain
AI and BlockchainAI and Blockchain
AI and Blockchain
 
Seun - Breaking into Protocol Engineering (1).pptx
Seun - Breaking into Protocol Engineering (1).pptxSeun - Breaking into Protocol Engineering (1).pptx
Seun - Breaking into Protocol Engineering (1).pptx
 
How blockchain will impact search engines
How blockchain will impact search enginesHow blockchain will impact search engines
How blockchain will impact search engines
 
DELLA - CRYPTOCURRENCY PRICE TRACKER
DELLA - CRYPTOCURRENCY PRICE TRACKERDELLA - CRYPTOCURRENCY PRICE TRACKER
DELLA - CRYPTOCURRENCY PRICE TRACKER
 
A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin
 
A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin A beginner's guide on why and how to invest in bitcoin
A beginner's guide on why and how to invest in bitcoin
 
crypto presentation tushar.pptx
crypto presentation tushar.pptxcrypto presentation tushar.pptx
crypto presentation tushar.pptx
 
emtech blockchain.pptx
emtech blockchain.pptxemtech blockchain.pptx
emtech blockchain.pptx
 

Mehr von Mobiloitte

Frameworks and Tools For Developing Progressive Web App
Frameworks and Tools For Developing Progressive Web AppFrameworks and Tools For Developing Progressive Web App
Frameworks and Tools For Developing Progressive Web AppMobiloitte
 
Flutter or PWA Which Is Best For Application Development
Flutter or PWA Which Is Best For Application DevelopmentFlutter or PWA Which Is Best For Application Development
Flutter or PWA Which Is Best For Application DevelopmentMobiloitte
 
Vue.js vs angular the best java script framework to choose
Vue.js vs angular  the best java script framework to chooseVue.js vs angular  the best java script framework to choose
Vue.js vs angular the best java script framework to chooseMobiloitte
 
Top Tools for WordPress Development
Top Tools for WordPress DevelopmentTop Tools for WordPress Development
Top Tools for WordPress DevelopmentMobiloitte
 
Why Mobile Applications Are Necessary For Small Businesses
Why Mobile Applications Are Necessary For Small BusinessesWhy Mobile Applications Are Necessary For Small Businesses
Why Mobile Applications Are Necessary For Small BusinessesMobiloitte
 
Factors To Be Considered Before Outsourcing Mobile Application
Factors To Be Considered Before Outsourcing Mobile ApplicationFactors To Be Considered Before Outsourcing Mobile Application
Factors To Be Considered Before Outsourcing Mobile ApplicationMobiloitte
 
Flutter vs Ionic: Which framework is better for cross platform application d...
Flutter vs Ionic: Which framework is better  for cross platform application d...Flutter vs Ionic: Which framework is better  for cross platform application d...
Flutter vs Ionic: Which framework is better for cross platform application d...Mobiloitte
 
iOS 13 Every New Feature iPhone You Need To Know About
iOS 13 Every New Feature iPhone You Need To Know AboutiOS 13 Every New Feature iPhone You Need To Know About
iOS 13 Every New Feature iPhone You Need To Know AboutMobiloitte
 
Key tactics for online reputation management
Key tactics for online reputation managementKey tactics for online reputation management
Key tactics for online reputation managementMobiloitte
 
Benefits of blockchain in healthcare
Benefits of blockchain in healthcareBenefits of blockchain in healthcare
Benefits of blockchain in healthcareMobiloitte
 
Blockchain trends in 2019
Blockchain trends in 2019Blockchain trends in 2019
Blockchain trends in 2019Mobiloitte
 
Angular JS For Your Business
Angular JS For Your BusinessAngular JS For Your Business
Angular JS For Your BusinessMobiloitte
 
.Net framework
.Net framework.Net framework
.Net frameworkMobiloitte
 
Top 5 Ethereum DApps by Volume
Top 5 Ethereum DApps by VolumeTop 5 Ethereum DApps by Volume
Top 5 Ethereum DApps by VolumeMobiloitte
 
Python Version 3.7
Python Version 3.7Python Version 3.7
Python Version 3.7Mobiloitte
 
Would React js Remain To Prevail in 2019?
Would React js Remain To Prevail in 2019?Would React js Remain To Prevail in 2019?
Would React js Remain To Prevail in 2019?Mobiloitte
 
Evolution of python
Evolution of python Evolution of python
Evolution of python Mobiloitte
 
Mobile app development trends
Mobile app development trendsMobile app development trends
Mobile app development trendsMobiloitte
 
Healthcare Application Solutions | Mobiloitte
Healthcare Application Solutions | MobiloitteHealthcare Application Solutions | Mobiloitte
Healthcare Application Solutions | MobiloitteMobiloitte
 

Mehr von Mobiloitte (20)

Frameworks and Tools For Developing Progressive Web App
Frameworks and Tools For Developing Progressive Web AppFrameworks and Tools For Developing Progressive Web App
Frameworks and Tools For Developing Progressive Web App
 
Flutter or PWA Which Is Best For Application Development
Flutter or PWA Which Is Best For Application DevelopmentFlutter or PWA Which Is Best For Application Development
Flutter or PWA Which Is Best For Application Development
 
Vue.js vs angular the best java script framework to choose
Vue.js vs angular  the best java script framework to chooseVue.js vs angular  the best java script framework to choose
Vue.js vs angular the best java script framework to choose
 
Top Tools for WordPress Development
Top Tools for WordPress DevelopmentTop Tools for WordPress Development
Top Tools for WordPress Development
 
Why Mobile Applications Are Necessary For Small Businesses
Why Mobile Applications Are Necessary For Small BusinessesWhy Mobile Applications Are Necessary For Small Businesses
Why Mobile Applications Are Necessary For Small Businesses
 
Factors To Be Considered Before Outsourcing Mobile Application
Factors To Be Considered Before Outsourcing Mobile ApplicationFactors To Be Considered Before Outsourcing Mobile Application
Factors To Be Considered Before Outsourcing Mobile Application
 
Flutter vs Ionic: Which framework is better for cross platform application d...
Flutter vs Ionic: Which framework is better  for cross platform application d...Flutter vs Ionic: Which framework is better  for cross platform application d...
Flutter vs Ionic: Which framework is better for cross platform application d...
 
iOS 13 Every New Feature iPhone You Need To Know About
iOS 13 Every New Feature iPhone You Need To Know AboutiOS 13 Every New Feature iPhone You Need To Know About
iOS 13 Every New Feature iPhone You Need To Know About
 
Key tactics for online reputation management
Key tactics for online reputation managementKey tactics for online reputation management
Key tactics for online reputation management
 
Benefits of blockchain in healthcare
Benefits of blockchain in healthcareBenefits of blockchain in healthcare
Benefits of blockchain in healthcare
 
Blockchain trends in 2019
Blockchain trends in 2019Blockchain trends in 2019
Blockchain trends in 2019
 
Angular JS For Your Business
Angular JS For Your BusinessAngular JS For Your Business
Angular JS For Your Business
 
.Net framework
.Net framework.Net framework
.Net framework
 
Top 5 Ethereum DApps by Volume
Top 5 Ethereum DApps by VolumeTop 5 Ethereum DApps by Volume
Top 5 Ethereum DApps by Volume
 
Java timeline
Java timelineJava timeline
Java timeline
 
Python Version 3.7
Python Version 3.7Python Version 3.7
Python Version 3.7
 
Would React js Remain To Prevail in 2019?
Would React js Remain To Prevail in 2019?Would React js Remain To Prevail in 2019?
Would React js Remain To Prevail in 2019?
 
Evolution of python
Evolution of python Evolution of python
Evolution of python
 
Mobile app development trends
Mobile app development trendsMobile app development trends
Mobile app development trends
 
Healthcare Application Solutions | Mobiloitte
Healthcare Application Solutions | MobiloitteHealthcare Application Solutions | Mobiloitte
Healthcare Application Solutions | Mobiloitte
 

Kürzlich hochgeladen

How Accurate are Carbon Emissions Projections?
How Accurate are Carbon Emissions Projections?How Accurate are Carbon Emissions Projections?
How Accurate are Carbon Emissions Projections?IES VE
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesDavid Newbury
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Websitedgelyza
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024SkyPlanner
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioChristian Posta
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxGDSC PJATK
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureEric D. Schabell
 
UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8DianaGray10
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdfPedro Manuel
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfJamie (Taka) Wang
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfAijun Zhang
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding TeamAdam Moalla
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Adtran
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarPrecisely
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAshyamraj55
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...DianaGray10
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7DianaGray10
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesMd Hossain Ali
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintMahmoud Rabie
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Commit University
 

Kürzlich hochgeladen (20)

How Accurate are Carbon Emissions Projections?
How Accurate are Carbon Emissions Projections?How Accurate are Carbon Emissions Projections?
How Accurate are Carbon Emissions Projections?
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond Ontologies
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Website
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and Istio
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptx
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability Adventure
 
UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8UiPath Studio Web workshop series - Day 8
UiPath Studio Web workshop series - Day 8
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdf
 
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
activity_diagram_combine_v4_20190827.pdfactivity_diagram_combine_v4_20190827.pdf
 
Machine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdfMachine Learning Model Validation (Aijun Zhang 2024).pdf
Machine Learning Model Validation (Aijun Zhang 2024).pdf
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity Webinar
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
 
UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7UiPath Studio Web workshop series - Day 7
UiPath Studio Web workshop series - Day 7
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
 
Empowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership BlueprintEmpowering Africa's Next Generation: The AI Leadership Blueprint
Empowering Africa's Next Generation: The AI Leadership Blueprint
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)
 

Facts about new cryptocurrency coin

  • 1. Facts About New Cryptocurrency Coin
  • 2. Introduction ● The constant digitization has its allure but in doing so there is a decrease in privacy. ● For companies like Facebook & Google , the personal data of a person seems to be fair game for all. ● Last month, a new blockchain, focused on privacy and GRIN was launched. ● This new crypto uses its native MimbleWimble protocol to transact in Bitcoin.
  • 3. What is GRIN? ● GRIN is an upcoming cryptocurrency project focused on scalability and privacy that is built by implementing a MimbleWimble blockchain. ● It is an open-source project that offers a refreshing list of things that it will not do. ● This name borrowed from the famous children’s fantasy universe of Harry Potter.
  • 4. Continued ● MimbleWimble was a promising crypto protocol that encrypts multiple transactions to make them inaccessible to anyone. ● This was designed by a coder who goes by the moniker, Tom Elvis Jedusor and then this code was used by a cryptographer. ● He worked on and implemented the protocol to release a token named as GRIN.
  • 5. What is MimbleWimble? ● It is a blockchain protocol that mixes several innovative technologies to radically change how transactions are constructed in Bitcoin. ● It also reduce the size of the blockchain. ● It addresses two areas that is privacy and scalability.
  • 6. How Does Grin Work? ● Most cryptos work on a principle of full transparency but Grin being a privacy looks to do the exact opposite. ● It ensure that transactions on their chain are anonymous, non-transparent and untraceable. ● Its Peer to Peer setup allows wallets to trade. ● It ensure that wallets that are executing the trade only those exchange data for a limited time.
  • 7. Grin’s Cuckoo Proof-of-Work Consensus ● Grin does not implement a new consensus mechanism like proof of stake to achieve consensus. ● It goes back to the bread and butter of PoW using the Cuckoo Cycle algorithm. ● PoW was selected to mitigate against the Bitcoin-style “hardware arms-race” by making it ASIC resistant. ● Cuckoo Cycle is a memory-bound algorithm, making it viable for CPUs and increasing its decentralization.
  • 8. Monetary Policy of Grin ● Grin aims to be more of a currency for transacting than a store of value, currently different from Bitcoin. ● It has created a monetary possible that is designed to make the currency’s value more stable. ● Myles Snider offers an excellent analysis of the potential implications of Grin’s monetary policy.
  • 9. Current Status of Project ● Grin released its Testnet V4 and the cryptocurrency is expected to launch sometime in 2019. ● Grin has flown under the radar compared to more high- profile projects. ● Grin’s use of the MimbleWimble protocol gives it some compelling potential. ● Grin is open to contributions from developers and is definitely worth watching as it continues to evolve.