On behalf of the whole Grin team, it’s my pleasure to announce the release of 
our testnet2. This represents a major milestone in the development and 
maturation of Grin as an implementation of a full MimbleWimble-type chain.

While there are too many changes and improvements to list here (over a hundred 
just in the last month), the most visible new features are:

- Adoption of Schnorr-style signatures (sometimes called aggregate signatures, 
aggsigs or MuSigs), paving the way to “scriptless scripts” and smart contracts.
- MimbleWimble-style fast chain sync and pruning, allowing for a much more 
smaller chain state that’s quick to download and takes little space.
- Improved transaction anonymity using the Dandelion protocol.
- Compact range proofs with bulletproofs, which are about 8 times smaller than 
previously.
- An efficient multi-device GPU miner for our Cuckoo Cycle proof of work.
- Compact blocks to reduce the size of block propagating over the network.

As you can see, we’re still progressing mostly at the network and protocol 
levels but we expect that to change in the next few months as we will start to 
prepare for mainnet. In the meantime, we’re focusing on providing as strong of 
a basis as possible for the years to come.

There are many people to thank for this release, both in the Grin team and 
outside. I’m grateful for this team and for the people who have contributed 
amazing work to further our space.

If you’re technical enough to compile some Rust code [1], please give testnet2 
a try, we need testing and feedback. Otherwise, stay tuned, everyone is welcome 
to our small community. Just find a way to participate, we’ll do our best to be 
helpful. And Grin will become more and more user-friendly as it matures.

Godspeed, Grin.

- Igno

[1] https://github.com/mimblewimble/grin/blob/master/doc/build.md
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