Grin Grin GRIN
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Price
0.0441352 USD
% Change
10.69%
Market Cap
8.92M USD
Volume
119K USD
Circulating Supply
203M
231% from all time low
56748% to all time high
696% from all time low
3653% to all time high

Grin: Hard Fork

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As previously announced 11, Grin will fork four times in its first two years of existence, every 60*24*7*26 = 262,080 blocks (roughly 6 month intervals), set in the code to block heights 262,080, 524,160, 786,240, and 1,048,320. The first network upgrade is expected to happen in mid-July. Compatible versions of grin node, grin-wallet, and grin-miner will be versioned 2.0.0 or greater. The first releases of these are scheduled for June.

This document describes the breaking changes, timeline and communications that will take place, with the intention that this upgrade goes as smoothly as possible and that ecosystem participants can make the necessary preparations.

Important Information:

Grin v2.0.0 is a network wide upgrade. Apart from updating their binaries in order to transact after the upgrade, users are not required to do anything. Stored grins will not be affected. Beware of scams telling you to move your coins anywhere.

Event date: July 17, 2019 UTC

What is a hardfork?

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.

GRIN Price Changes After Event Publication
98.69%
Now (Added 6 years ago)
The event is about to begin
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Added by the Visitor
Jun 12 12:13 (UTC)
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