- Q: What is grin? A: An implementation of [MimbleWimble](https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt)
- Q: Similar to Bitcoin? A: Both are outputs-based, PoW. See also [Grin for Bitcoiners](grin4bitcoiners.md)
- Q: Mining? A: Testnet only. CPU, synchronous. GPU or asynchronous is not yet supported.
- Q: Block height? A: HTTP GET /v1/chain on a public peer node, for example http://testnet1.yeastplume.com:13413/v1/chain or (grintest.net)[https://grintest.net/]
- Q: Store of value? A: Not yet. Wait for Mainnet. Testnet1 can still disappear and reappear unexpectedly.
- Q: Block size limit? Target mean block time? A: Target mean block time is 1 block per 60 seconds. The size is limited by transaction "weight", though there is also a hard cap on the order of tens of MB.
- Q: Does grin scale? A: Yes, it might eventually do, thanks to transaction cut-through and possible level 2 solutions.
- Q: HW requirements for mining? A: Not much. Don't invest in equipment yet, there's not even a final beta released, and a lot can change before any official blockchain is launched.
You need the latest rust. rustup, or [reinstall rust as described](build.md)
# Short term plans
## Transaction types
- (DONE) A temporary simple transaction exchange. Temporary - will be deprecated.
- (months) Maybe in testnet2 Full transaction; an exchange which involves a full roundtrip between sender and receiver using aggregate (Schnorr) signatures. Usable as proof of payment and for multisig.