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Exchange A Questions

lehnberg edited this page Jan 17, 2019 · 12 revisions

1. Project state & planning

  1. The present and historical roadmap is best captured by the issues and pull requests in the Github repo. A visualization for different time periods is available here.
  2. You can also review the project's milestones, present and past, and progress made against them.
  3. Any difference between the original roadmap and the actual progress in hitting the planned milestones, can be attributed to:
    • activity levels of contributors changing, as a result of unforeseen circumstances;
    • scope changing, as a result of internalising learnings and realisations; and
    • quality improvements being required, as a result of testing.
  4. Grin is an open source project that is developed iteratively. Anyone can propose and make improvements, and if those make sense, they get merged. It does not follow the waterfall software development model. The original roadmap has evolved over time to factor in new learnings. Comparing the original roadmap with what was delivered to mainnet some two years later will not offer much insight.
  5. Roadmap for the next 12-18 months:
    • We expect to deliver approximately three major and 10-15 minor releases in this period, alongside countless of patches and fixes.
    • Three hard forks are scheduled in the period, six months apart. These will be used to introduce consensus breaking changes, and to tweak one of the two proof of work algorithms deployed in Grin, CuckARoo.
    • The next 3 months will be focused on improving quality and performance.
    • During months 4-15 some features and functionality being considered for inclusion are: Multi-signature support, Hashed time lock contracts, BetterHash mining protocol, P2P transaction building, and improved wallet functionality.
    • The latter 3 months will be dedicated to more experimental research, such as layer 2 scaling, universal accumulators, BLS signatures, and construction of new harry potter spells.

2. Funding & Use of Funds

  1. As it's not possible to invest directly in the Grin project, there are no investors. As a result, there are no amounts raised from investors. We are 100% community funded, and this funding comes as donations with no enforceable strings attached. We are pretty much broke. 💸 On this note, we welcome contributions back to the Grin development fund as part of any profits you will realise from listing Grin on your exchange.
  2. In terms of stakeholders, we consider the entire Grin community to be stakeholders in the project.
  3. There is no founders' reward.
  4. In terms of expenditures and crypto holdings, see currently active funding campaigns as well as the previous campaigns. Funds have been used for protocol development and security audits.

3. Use cases

  1. Grin aims to be a scalable, lightweight, privacy-preserving cryptocurrency that makes it easy to send electronic transactions between any party that are fungible and censorship-resistant.
  2. Grin restricts information shared publicly on chain on the protocol level, and there is no way to opt-out of privacy features. Transacting parties can however prove they participated in a transaction. See discussion here.
  3. Demonstrations of products operating Grin:
    • Default grin wallet
    • Ironbelly mobile wallet
    • Smirk
    • wallet713

4. Performance & stats

5. Community

6. Team Structure

7. Token Governance

8. Token Utility

9. Commercial / Partnerships

10. Tech Stack

11. Legal

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