Privacy Coin Grin Has First-Ever Hard Fork In Mid-July
Privacy Coin Grin has announced the date for its first-ever network hard fork that possibly going to occur in mid-July reported on 5 June 2019.
According to the source, Grin core developer Quentin Le Sceller uploaded a proposed timeline to Github dev community forum Gitter on June 5.
Grin is a privacy coin created by Mimblewimble Team for scalability- and privacy-focused using Mimblewimble protocol, it has named after a fictional tongue-tying curse from the popular Harry Potter novels.
Mimblewimble is in part a variant of the cryptographic protocol known as Confidential Transactions that enables transactions to be obfuscated yet verifiable in such a way that it can achieve both heightened privacy and the prevention of double spending.
From Le Sceller’s document report, 262,080 is the activation block number for the upcoming hark fork which is likely to occur on July 17.
In mid-January of this year, the Grin network’s first launch is completed by the Mimblewimble company, which is one of four system-wide upgrades that scheduled for the first two years of the coin’s circulation. Each hard fork is set for every 262,080 block which is likely to occur in six-month intervals.
Previously, Ethereum Network Upgrade Constantinople Hardfork occurred at a block number 7,280,000 on Feb. 28, 2019.
