Roadmap update #1

ROADMAP UPDATE #1

“Preparation is the key to success” – Alexander Graham Bell.

We couldn’t agree more, Mr. Bell, we couldn’t agree more.

As a little reminder, as announced a while ago, GRN Association partnered up with Barrage, a software development company, on the development of the GRNGrid blockchain (Grid) and GRNWallet application.

We’ve been somewhat quiet, but that doesn’t mean we weren’t busy!

If you are interested in keeping up with the GRNGrid project, tune in to our first update to see how the team has kick-started the project.

Begin at the beginning

The first phase of the project, the research and discovery phase revolves around trial and error.

In an attempt to simplify this complex process, let’s say it involves: a lot of reading, compiling data, racking your brain about things, and enthusiastically presenting your findings to the team, only to have them disillusion you by pointing out something faulty in your logic. And then you masochistically return to do it all over again.

It’s necessary to look into the future and think through every detail to ensure that you define strong building blocks for the development phases. 

If done thoroughly, this phase helps:

  • estimate (and decrease) costs
  • create a more precise roadmap 
  • reduce risk

Decisions, decisions…

The first decision – choosing the consensus mechanism – was made even before the phase began. In truth, PoW was never an option. 

In their race to win a reward, PoW miners spend significant amounts of energy to validate transactions. Of course, this wasn’t always the case, but as more miners joined, the “game” became more merciless, requiring more power. Simply put, PoW’s excessive energy consumption goes against everything GRN Association stands for. 

Since Ethereum’s PoS upgrade will lower its blockchain’s energy consumption by 99.9%, rooting for PoS2 as a mechanism has even more sense. PoS2 will enable maximum all-around sustainability and scalability of the GRN blockchain, therefore correcting some of the POS’ flawed features.

Another major decision based on the initial assessment was that Rust is the perfect programming language for the code base

Besides being the “weapon of choice” of most modern blockchains, it’s also crucial to mention that Rust is:

  • memory-safe, a.k.a. protected against software bugs and vulnerabilities related to memory access
  • thread-safe, a.k.a. ensures that all threads behave appropriately in a multi-threaded code

This makes it fast and secure. Regarding “famous” use cases, we can mention Mozilla’s browser engine Servo, and Figma’s (collaborative interface design app) real-time syncing server.

Test ‘em all

Once they had some basic postulates set, it was time to get down to the nitty-gritty: how do you know what you’ll be up against and what elements you want to include if you don’t know what’s out there and how it works? 

So, the initial code assessment started with analyzing the existing blockchain solutions and their elements. 

The team decided to dive deep into 5 blockchains: 

  • Avalanche
  • Solana
  • PeerCoin
  • NEAR
  • Stealth

Each team member was tasked to work on one blockchain and inspect each aspect of each blockchain solution. Analyses such as these provide an overview of the challenges that wait for them once they start building GRN Grid blockchain. Besides these, the team plans to check out several more blockchain software solutions.  

The idea is to be able to create custom configurations of each selected blockchain software solution, check whether the nodes and APIs function properly, and of course, if the performance is optimal (e.g., that there are no system flow restrictions).

As each of these blockchain solutions is unique, a lot of reverse engineering had to be done – that is, devising the requirements specifications, functions and design by analyzing the code. Don’t worry, it isn’t complicated as it sounds, basically, the team is trying to find solutions that can be useful so we don’t reinvent the wheel and use well-tested solutions to achieve GRN Grid’s goals.

Each day the team meets to talk about what they did, share if they ran into any challenges and what they intend to work on next. The challenges they experienced are then turned into a team sport for everyone to pitch a solution to. 

Each day, the same team member always comes with a short and decisive “I didn’t figure out much today” or “I have no clue what I’m doing”, only to deliver a 20-minute speech when asked a question about that one thing “he has no clue about”. Ambitious undertakings put everything to the test: the team’s perseverance, willpower, resourcefulness, and knowledge. Luckily, our team possesses enough know-how and experience to truly see these situations as opportunities for growth.

What’s next?

There’re a lot of solutions out there, but not a lot of wholesome ones. 

With these types of complex projects, one of the worst things that could happen is being a couple of months deep into the development and then realizing that your basis is flimsy, to say the least. Code refactoring is not uncommon or problematic in itself, but making major changes to a project that has already gone far ahead can seriously affect your roadmap and the end result.

Therefore, proper research is a crucial step that can allow developers to work faster because many of the processes and functionalities have already been considered. 

This phase will last about another month – until that time, the team is documenting their findings. Those findings will not only help them in the following phases, but they are also creating unique intellectual capital for GRN Association. 

We want to keep the community updated, so you can expect more updates like these in the following months!

GRNGrid secures 50 million USD investment Commitment from GEM Digital 

The GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies. 

About GRNGrid

GRNGrid is an environmentally friendly, scalable, and stable Layer 1 blockchain, with novel DeFi features. On GRNGrid, users have the choice to only use nodes running exclusively on renewable energy for their transactions. 

GRNGrid’s renewable energy partners, who specialize in datacenter and hosting facilities, have shown keen interest in running Grid’s nodes as validators. With their help the company can kickstart the availability, speed and sustainability of GRNGrid in Q2 2023. GRNGrid’s novel features like GRNPay and Exnode will also encourage developers and consumers to connect on GRNGrid. 

GRNGrid is also introducing Proof-of-Stake V2 (PoS2). GRNGrid is the first blockchain with a consensus method specifically designed to tackle whales and achieve fairer distribution. This consensus method will deliver an increased security, enhanced decentralization, and better financial sustainability. 

GRN ($G) is the native token of GRNGrid. “G” will govern the blockchain by staking to validate and earn validation rewards. Consumers are able to provide liquidity to the inbuilt DEX called Exnode. 

The GRN Association is a Swiss based NPO (non-profit organization), — and protects the sustainable vision of GRNGrid, as well as providing funding to environmental projects. The association also handles the ReCharge program, which enables GRNGrid validators to repurpose their hardware and cut back on electronic waste. 

The new funding from GEM will be invested in further connectivity with top crypto Exchanges, adding new global professional partnerships and building out its blockchain technology and infrastructure. 

Frederik Vyncke: “The GRN Association is confident that with the support of GEM investment and the community, it can bring GRN Grid to fruition and be setting the tone for a renewable blockchain with innovative features and create a sustainable development” 

About GEM

GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in promising utility tokens listed on over 30 centralized and decentralized exchanges globally. 

Crypto mass adoption: What’s the hold-up?

Bitcoin was created in 2009.

The first altcoin, Litecoin (LTC), was forked from the Bitcoin blockchain in 2011.

It’s 2022, and crypto transactions are STILL not a universally accepted payment method, nor are they overtaking credit card transactions.

Why is this so? What’s taking so long? Are the governments the only ones making it difficult, or are other elements involved? For all of you asking yourselves the same thing, we will examine four significant factors affecting the mass adoption of cryptocurrencies in this blog.

Consumers’ perspective

Let’s face it: understanding what cryptocurrencies are can be quite an achievement, let alone how mining or staking works. And now, imagine having to explain it to your grandparents.

Different blockchains, wallets, safety, privacy, keys, and transactions are just some of the terms the general public will have to understand if we want the mass adoption of crypto. And if you can’t find a way to simplify things so that even those with less technical knowledge would understand, such as your grandparents, they’ll never be accepted and used on a mass scale.

It’s also essential to teach consumers not to fall victim to the FUD (fear, uncertainty, and doubt) around crypto. The word “money” has always been known to attract scammers, and new technology can be scary, but that doesn’t mean that danger lurks behind every corner. But sometimes, the community and the companies involved in crypto are the ones to blame. They are simply not as transparent as they should be. This is the reason why GRNGrid aims to spread crypto knowledge and is as transparent as possible. In addition, the GRN Association acts as a safeguard for GRNGrid to uphold these standards. Simply put, checking your sources and taking things in stride are the best pieces of advice for a crypto newbie.

Besides knowledge, another tricky thing from consumers’ perspective is usability. If they can’t use it in everyday situations, such as paying bills in stores or gas stations, you can’t expect to get many individuals on board. The same goes for companies.

Governments’ point of view

The most common question asked by someone entering the world of cryptocurrencies for the first time is: is it legal?

But the response to this question lies in the hands of your government. This means that the real question you should be asking yourself is — does your government see cryptocurrencies as legal?

There are many reasons state authorities might be reluctant to embrace crypto. Generally speaking, every time something new is introduced, there’s a lot of hassle from the legal side, lots of debates, laws writing and re-writing, and of course, waiting. All of that puts a strain on the budget and one of the most valuable resources in today’s world — time.

Also, the fear of fiat money (government-issued currency) losing its value doesn’t seem unreasonable in their eyes, as fiat’s power rests only on the faith and trust of the government that issued it. They fear that if people start predominantly using cryptocurrency, fiat will lose much of its power and, with it, the government.

Decentralization puts their influence and power to the test — and that’s not something a country’s government will welcome with open arms.

What’s interesting, though, is that some countries have secondary motives to undermine Bitcoin and other altcoins: just take China, for example. The PBoC (People’s Bank of China) is planning to launch its own digital currency, making it the first major bank to do so. The main reason behind this: more control. The state will keep a closer eye on transactions by offering people a digital alternative to the Chinese Yuan.

Commercial adoption

A growing number of businesses are seeing the benefits of introducing crypto as their payment method: it helps them access new demographic groups and simplifies money transfers, all the while ensuring their security. So, why aren’t more of them using crypto?

Well, we briefly touched upon the complexity of putting crypto in state laws — we all know that most countries’ laws are still written by a generation that sticks to its traditional ways. These individuals aren’t keen on losing their place in the hierarchy and don’t welcome changes with open arms.

Commons sense tells us that the authorities will have to give in and accept the facts, and then we’ll bear witness to their struggles to balance the needs of the state budget and their citizens’ well-being.

Once the legal perspective is implemented, many processes need to be implemented for companies to use cryptocurrencies in their daily operations efficiently. Bureaucratic apparatus is slow in almost every country in the world, so, at that point, it’ll be a game of patience and will of persistent entrepreneurs to fight through the tiresome and outdated processes and get what they want.

Energy consumption

We’ve all heard that Bitcoin mining requires A LOT of energy: to be more precise, it annually consumes more electricity than Argentina. Due to its great popularity, many (wrongly) use Bitcoin as a synonym for all crypto, so naturally, all the “negative” sides related to Bitcoin stick to other cryptocurrencies. But the general public, those less familiar with this world, don’t know that the crazy energy consumption is associated with PoW (Proof of Work) cryptocurrencies.

Luckily, PoS (Proof of Stake) crypto’s consumption is significantly lower, which is one of the main improvements if we compare PoW and PoS mechanisms. Although energy consumption is not a problem for PoS, there are elements GRNGrid project aims to polish by introducing PoS2 (Proof of Stake v2). The biggest challenges with PoS are its staking model, whose simplicity makes it easier for the big players to manipulate, as well as scalability. PoS2 intends to give smaller validators a fair chance all the while staying secure and transparent. The three main points to remember about GRNGrid project are energy efficiency, high performance and low fees.

Switching to renewable sources of energy is inevitable, while carbon neutrality is another viable solution, at least for now. As “green” vocabulary is sometimes misused by companies, for those not sure what carbon neutrality is, it doesn’t mean that there is no CO2 emission but that that emission is balanced by removing an equal amount, e.g., by planting a particular number of trees.

Complex yet solvable

As with every complex subject, there’s no singular solution or response.

We have to simultaneously work across different fields to kick-start mass adoption.

A sustainable future is the only future for crypto. Raising awareness has already motivated the shift toward renewable energy sources, which might be the first step to busting myths around the widespread use of cryptocurrency.

Once the general public is well-informed and its interest encourages activity levels around different cryptocurrencies, the governments will finally cave in and back it up from the legal standpoint, making it easier for consumers to use crypto.

So, what’s stopping mass adoption? We are, by not being involved enough.

Join the community, spread the word, and be a reliable source to newcomers. All other elements will gradually fall into place. All we need is patience.

GRNGrid as special guest at The Network Club

The GRN Team has been invited to speak at The Network Club of Charles Ruffolo, to share information about the project and announce our listing partners. Besides the GRN initiators, there will be noteworthy community members, famous Dutch people and press attending the event.

To decentrally finance GRNGrid, GRNGrid is a sustainable cryptocurrency and blockchain. GRN launched in January and is available for purchase on a Dutch broker platform called Knaken. The presale on Knaken has been successful and the next step for GRNGrid, listing on international cryptocurrency exchanges, is confirmed.

Starting June 24th presale of GRN will end and GRN will be tradable on Bitmart, Lbank and LAToken. More international exchanges will follow quickly. The listing will realise the vision of GRNGrid in 2023. A revolutionary sustainable cryptocurrency and blockchain based on renewable energy sources with unique and most importantly user friendly features.

GRN ($G) LISTING ON XT.COM!

GRN Association is proud to announce yet another great platform offering GRN. 

GRN ($G) is now available on XT.com, with the trading pair G/USDT.

XT.com has more than 3 million registered users, over 300,000 monthly active users, and over 30 million users in the ecosystem. XT.com provides users with safe, efficient, and professional digital asset investment services.

How to buy GRN at XT.com

Step 1:

To buy GRN | G, you first need to create a XT.com Trading account. Go to the XT.com home page and click on the “Sign In” button. Enter your email address and password into the appropriate fields and click on “Sign In.”

Step 2:

To buy GRN | G, you will need to verify your email address. This is a simple process that can be completed by clicking on the link in the email that was sent to you. Once you have verified your email address, you will be able to continue with the purchase process.

Step 3: 

Add Payment Method Credit Card, Bank Account, or Wallet. To buy GRN | G users must first add a payment method. Once the payment method is added, users can purchase GRN | G using the currency’s official website.

Step 4: 

Start trading in GRN | G.

About GRN 

GRN Grid is a layer 1 decentralised blockchain with a sustainable first approach. The project is initiated by GRNBi B.V., a Dutch sustainable computing capacity.

The project envisions reducing the carbon footprint of the current blockchain industry and expanding upon the decentralised library of tools for businesses and customers. The main goal of this project is to create a sustainable alternative for any company or individual looking forward to adopting blockchain and web3 Technology.

GRN (G) is the native token of GRN Grid and serves multiple use cases within Grid. These use cases include staking, fee payments, and validator incentives.


GRN Grid is an energy-efficient smart contract enabled blockchain with high performance and low costs. In addition to sustainability, GRN Grid also includes several important features, such as an integrated payment and escrow system, swapping pools, and an encrypted chat between users. GRN Grid actively supports decentralisation and safety due to its unique Proof of Stake v2 (POS2) algorithm.

Learn more about GRN Grid on www.GRNGrid.com or on Telegram
@GRNCommunity (www.t.me/GRNCommunity)

Click here to start trading at XT.com