Long time i dealed with this coin because it was opensource and privacy features and a new tech, but after still 10 years there is no usability and adoption. Despite community lean on more adoption, usability- more wallet, exchange and other coin swaps integration, grin team resists all integration and adoption interestingly. They have excess Bitcoin development FUND from satoshi era wallet donations. There is no visible upgrade for years.
Supposed to things they say,in GRIN pages i found those words.
Governance ?
We have no plans to increase the value of the token.
We do however make continuous updates to the Grin protocol and the supporting tools and services, which in turn may affect demand. Do they
https://github.com/mimblewimble/docs/wiki/Exchange-FAQ#token-voting-rightsSure the Grin coin is not
ICO, premine or instamine but the same team mostly development for nearly
10 years and it has still lots of bugs and not usable, No P2P no liqudity, no userbase, Only 1 CEX (can be intentional or they are incompetent or infiltrated as anonymous founder of Grin - Igno peverell warned)
The Emission DistractionAltough Grin founder IGNO Peverell said GRIN emmission is predictable, a perfect solution for a proof of work p2p money, Grin team members started to talk about inflation and blame it as scapegoat after Igno left!! But when you compare it with other coins; the
real issue is demand. Other coins with higher emissions (Doge, Monero) thrive because they prioritize
adoption, liquidity, and usability—areas where Grin deliberately lags interestingly !
Grin has
3k $ daily emission
Doge has
2 million $ daily emission
Monero has
350.000 $ daily emmission
Solana, eth and other
billion supplied projects exists. So the issue is
DEMAND, not the supply or emission.
* They reject unstoppable wallet integration despite community cheer ups and demands !
https://forum.grin.mw/t/funding-proposal-grin-integration-into-unstoppable-wallet/11765* They block another wallet integration as well stack wallet, some discuss it is needed for apple ios users
https://forum.grin.mw/t/stack-wallet-integration/12217* And they block people when people ask questions or criticize about anything, labeling you as a troll or undermine the project
)
https://forum.grin.mw/t/ggc-out-of-control/12314Broken Roadmap PromisesAnd many early developers seems have left the project because of this hurdles. Grin is a prime example of governance failure, a project killed by its own people who calls all the shots in such a project whose aim is NO CENSORSHIP motto!
Since 2020, they distract community with multisig, atomic swaps etc, i see the most used Grin wallet and mobile ios wallet gone extinct.
https://github.com/mimblewimble/grin-pm/issues/385What is their Incentive or motives ?
There are some shady motives here, some of them are bitcoiners, some cooperation things exists it looks like. Why a coin suppressed, sabotaged like that ? Why they ignore its users and community ?
So was this a project for personal whim, a personal Mona Lisa painting or a tool to get benefit for everyone ?
Grin team fooled us.
