Post
Topic
Board Speculation (Altcoins)
Re: Grin Observer - GRN/BTC - Price Movement and Discussion
by
nutildah
on 05/06/2020, 13:03:04 UTC
Did you guys hear the news about BitGrin? Its only relevant because its a fork of Grin that supposedly had a cap of 21 million coins ever to be minted. However, a review of the code reveals that the developer slipped in an extra 5 BILLION coins during a fork.  Cheesy

When called out on it, he said that it was an accident and he forgot to put in a decimal place somewhere. Looking at the explorer reveals that the extra minted coins have already been moved, so there's no going back on it.

https://medium.com/@pharozen/bitgrin-xbg-just-scammed-you-f856d44a19c9

The dev says he's going to rebrand the coin and magically undo the "slip up", but I don't think anybody's buying it. Quite literally. Volume is down to about $10k per day.

You can ridicule them here in their ANN thread if you desire.

Just thought you might find it interesting.