Hi everyone,
I thought I'd provide a little summary of our launch, which was for the most
part surprisingly smooth.
1. The Genesis block was commited around 15:28 UTC [1] with a block time of
16:01 UTC [2]. It also includes the hash of bitcoin block
0000000000000000002a8bc32f43277fe9c063b9c99ea252b483941dcd06e217.
2. Initial difficulty was set appropriately high to avoid too many initial
blocks, with the next 20 blocks coming in only in about 3h (first block took
1.5h) and difficulty adjustments doing its job. This and the previous point
guarantee no pre-mine.
3. At the moment, graphpower on the chain is high enough to be considered
"safe".
4. We sorta DDoS'd mining pools unintentionally by not having support for
setting a min difficulty in the miner. Sorry guys. This is fixed now (so
upgrade your miner).
5. The Grin ecosystem is growing by the minute, with new announcements and
services supporting it. It's very nice to see.
This has been a long time in the making and I couldn't be more proud of our
team, our community and what we accomplished with Grin v1.0.0 (yes, we're
sporting the scary v1). Now it's time to look ahead, and our commitment to keep
pushing Grin and its community forward has never been stronger. We've made
clear that we weren't here for the quick ICO, but rather to push the state of
the art in what can be accomplished with a blockchain. We have many research
directions to pursue, and intend to make Grin even more nimble and private than
it already is. I'm excited just thinking about it!
We will continue to need your help. Many extremely talented individuals are
working on this project, they will need support. And we will need help for some
efforts, like audits or bounties for example. I hope that this launch proved
again that we stand by our words and can deliver what we promise. In
particular, Yeastplume is running another campaign [3]. As I'm sure you know he
has been instrumental in getting Grin where it is today. This isn't an easy way
to work when you have a family, but it guarantees he will keep exercising his
skills (not only the drinking ones) for the benefit of the Grin community. So I
hope you'll show him some support if you can (and if you can't, a nice word
never feels bad).
Let's make Grin even more awesome!
- Igno
P.S. Not I did not have to sell my car. But maybe I should, it's getting old. I
hear there are models that don't require horses nowadays.
[1]
https://github.com/mimblewimble/grin/commit/8fc489a80868fcf12fcdbc0551528bb73fc891a0
[2] https://grinscan.net/block/0
[3] https://grin-tech.org/yeastplume
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