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Topic: [ANN] BitGrin (XBG) – MimbleWimble with Bitcoin economics – Windows wallet! - page 3. (Read 7489 times)

jr. member
Activity: 45
Merit: 11
newbie
Activity: 98
Merit: 0
wait wait...did we not call this shitcoin way back on like pg.2?? lol
was is this one? Or regular Grin?  or are they the same overmined, fake hype BS so you guys can dump non-stop on noobs?
and the dev already left?
gaaayyyy!

Stop fudding you noob. No one has left the team.

Here is the las dev update with all explanation:

https://bitgrin.substack.com/p/the-bitgrinio-takeover

Read this before you write anything.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
wait wait...did we not call this shitcoin way back on like pg.2?? lol
was is this one? Or regular Grin?  or are they the same overmined, fake hype BS so you guys can dump non-stop on noobs?
and the dev already left?
gaaayyyy!
hero member
Activity: 600
Merit: 501
Anybody to help where to download xbg wallet v. 2?
newbie
Activity: 98
Merit: 0
Important information:

 " Our website was defaced today after a series of unfortunate events with a disgruntled web designer, so we’re migrating to https://bitgrin.dev. Network, mining, and development continue as normal. Our routine weekly update will arrive Monday. Onward! "

https://twitter.com/BitGrin/status/1155302787611336707?s=09
newbie
Activity: 98
Merit: 0
Vote for Bitgrin (XBG) to be listed on qTrade!

We need XBG on more exchanges besides Vinex ASAP. There's a proposal to list XBG on qTrade which lists 'original dev coins'. You'll need to sign up, confirm your email, then go here - https://qtrade.io/listings
jr. member
Activity: 163
Merit: 4
The last BITGRIN newsletter have been released

The Bitgrin Quarterly(Q2) Report

https://bitgrin.substack.com/p/the-bitgrin-quarterlyq2-report
newbie
Activity: 98
Merit: 0
Are there any big exchanges considering listing BitGrin? Has the deb team appied to any yet, or offered to pay for a lusting?

They are looking to list Bitgrin in new exchanges. The goal is to make MW user friendly. Actually its not. If you want send Grin Coins the receiver have to be online. And Bitgrin will change it. And that will be huge.

Does the wallet tell you if the receiver is online? Whatever it does you are right about it being a  user hostile system.

Is there a timeline for how long Bitgrin will take to remove the being online requirement?

I know its under development without exacly date.

If the development are done you can send XBG like a other currency. At the moment the wallet shows you a error if you want send XBG from exchange to wallet and your wallet is offline.
legendary
Activity: 929
Merit: 1000
Are there any big exchanges considering listing BitGrin? Has the deb team appied to any yet, or offered to pay for a lusting?

They are looking to list Bitgrin in new exchanges. The goal is to make MW user friendly. Actually its not. If you want send Grin Coins the receiver have to be online. And Bitgrin will change it. And that will be huge.

Does the wallet tell you if the receiver is online? Whatever it does you are right about it being a  user hostile system.

Is there a timeline for how long Bitgrin will take to remove the being online requirement?
newbie
Activity: 98
Merit: 0
Are there any big exchanges considering listing BitGrin? Has the deb team appied to any yet, or offered to pay for a lusting?

They are looking to list Bitgrin in new exchanges. The goal is to make MW user friendly. Actually its not. If you want send Grin Coins the receiver have to be online. And Bitgrin will change it. And that will be huge.
jr. member
Activity: 163
Merit: 4
Come and join Bitgrin on Twitter  Roll Eyes

 


 


legendary
Activity: 929
Merit: 1000
Are there any big exchanges considering listing BitGrin? Has the deb team appied to any yet, or offered to pay for a lusting?
jr. member
Activity: 163
Merit: 4
jr. member
Activity: 163
Merit: 4
newbie
Activity: 98
Merit: 0
Some User have a have trouble with the new MacOS KingFish Wallet. Dev Team make a hotfix and release a new update. Like the strong activity from the devs  Wink
newbie
Activity: 2
Merit: 0
Apologies for overreacting on Discord. These are valid critiques and we're addressing them.

I was asked nicely by a community member that I respect to restate my concerns here more objectively.  Here goes---

1. Wallet functionality. The XBG wallet is the central infrastructure piece of a project for users. However, the Bitgrin wallet (Kingfish) doesn't work for me or for many community members. It requires use of a VPN and other hacks which have no guide. A new wallet to fix was pre-announced then delayed. With recent delisting you have to hire third parties on OTC or others with VPNs to transfer funds.  It's inconvenient.

2. Listing problems.
There was a fight between the developer and BitMesh a few months ago that seemed to be resolved, but then Bitmesh suddenly delisted Bitgrin this month. This put the users in a bind because of wallet problems and a short time (just 2 weeks) to get coins off Bitmesh or burned. Very little help from developers to resolve this and no communication with the community about listing plans or alternatives. 

3. Mining and attacks. The network is constantly being attacked, forking, and rolling back. That may be just new project blues but in my experience I've never seen a project so frequently under attacks of different kinds. The project also lost money with double spends on exchanges. There's no explanation for the consistent attacks nor have the devs outlined a plan to fix it -- for example, chain notarization for double spend protection (VBK, KMD, SAFE options) or other tools?

4. Misleading "Bitcoin economics" claim.  The "Grin with Bitcoin economics" claim is false and misleading.  Bitgrin has 21m coins and Bitcoin has 21m coins but coin count is not "economics."  Bitgrin has a large premine that's released by smart contract at 20k each month, and during each of the first four years the premine represents 10.93% of the total (it averages to 4% over total, e.g., by year 2050). That's Bitgrin economics, not Bitcoin economics.

5. Premine accounting. With a high premine of nearly 11% per year (during first four years) an accounting is required. The devs recently put out an accounting, sort of, for the first few months --- but it just basically said "we spent it all on exchanges and mining reimbursements."  Even though devs could just say anything, a more credible and transparent accounting will be required to build faith.

Project needs:

  • Wallet: A functioning wallet but in the meantime, a detailed step-by-step guide on how to send/receive XBG using port forwarding and VPNs (with current wallet).
  • Listing plan: Project should openly track online where it is applying to be listed and have a channel for community members to support. Project appears to be constantly fighting with exchanges -- find someone to drive this, not the devs.
  • Bitcoin economics: stop that bs claim, it's false.  21m coins isn't Bitcoin economics, it's 21m coins. The "economics" includes overhead and Bitcoin had no premine.
  • Premine accounting: To gain credibility, project needs to provide credible, transparent, ongoing descriptions of premine spending plan w/ actuals spending, presented in a credible way.

Also, the project needs to stop making enemies, unnecessarily, of its community members.

copper member
Activity: 67
Merit: 0

Hi--- checking in on this again, would be nice to recover the 1k --- it never confirmed.  My wallet is working now, kindly check the official pool wallet and manually reset the amounts there and I'll make another request to transfer?  Thank you.

@bladdoyle, thank you for helping with the pool payout problem yesterday (about 1k XBG).  However, that payout did not work and must have been cancelled.  Can you please reset it so I can request the payout again?

jr. member
Activity: 45
Merit: 11

The wallet does not sync. The devs said they would fix it but coins are stuck on exchanges.

Try using the latest kingfish release
https://github.com/bitgrin/kingfish

If that doesn't work remove bg_chain_data from your ~/.bitgrin/main

Other fixes include connecting via a VPN that allows for port forwarding.

Upcoming Kingfish2.0 should fix all those issues.
jr. member
Activity: 163
Merit: 4
Dev smaug volunter to help anyone transfer their coin from bitmesh to vinex for those who have problems to do so.

I know it is not a final solution, but I really hope the future kingfish 2 will solve everyone sync problem.

I personnaly have no problem with kingfish under windows 10.

It seems some solved their wallet issue by installing c++ libraries.


I can name many coins where the start was not easy for end user by got fixed with time. I am still trying to get the VEIL I mined which disappeared for no reason.


Things will improve for sure.

copper member
Activity: 67
Merit: 0
I was asked nicely by a community member that I respect to restate my concerns here more objectively.  Here goes---

1. Wallet functionality. The XBG wallet is the central infrastructure piece of a project for users. However, the Bitgrin wallet (Kingfish) doesn't work for me or for many community members. It requires use of a VPN and other hacks which have no guide. A new wallet to fix was pre-announced then delayed. With recent delisting you have to hire third parties on OTC or others with VPNs to transfer funds.  It's inconvenient.

2. Listing problems.
There was a fight between the developer and BitMesh a few months ago that seemed to be resolved, but then Bitmesh suddenly delisted Bitgrin this month. This put the users in a bind because of wallet problems and a short time (just 2 weeks) to get coins off Bitmesh or burned. Very little help from developers to resolve this and no communication with the community about listing plans or alternatives. 

3. Mining and attacks. The network is constantly being attacked, forking, and rolling back. That may be just new project blues but in my experience I've never seen a project so frequently under attacks of different kinds. The project also lost money with double spends on exchanges. There's no explanation for the consistent attacks nor have the devs outlined a plan to fix it -- for example, chain notarization for double spend protection (VBK, KMD, SAFE options) or other tools?

4. Misleading "Bitcoin economics" claim.  The "Grin with Bitcoin economics" claim is false and misleading.  Bitgrin has 21m coins and Bitcoin has 21m coins but coin count is not "economics."  Bitgrin has a large premine that's released by smart contract at 20k each month, and during each of the first four years the premine represents 10.93% of the total (it averages to 4% over total, e.g., by year 2050). That's Bitgrin economics, not Bitcoin economics.

5. Premine accounting. With a high premine of nearly 11% per year (during first four years) an accounting is required. The devs recently put out an accounting, sort of, for the first few months --- but it just basically said "we spent it all on exchanges and mining reimbursements."  Even though devs could just say anything, a more credible and transparent accounting will be required to build faith.

Project needs:

  • Wallet: A functioning wallet but in the meantime, a detailed step-by-step guide on how to send/receive XBG using port forwarding and VPNs (with current wallet).
  • Listing plan: Project should openly track online where it is applying to be listed and have a channel for community members to support. Project appears to be constantly fighting with exchanges -- find someone to drive this, not the devs.
  • Bitcoin economics: stop that bs claim, it's false.  21m coins isn't Bitcoin economics, it's 21m coins. The "economics" includes overhead and Bitcoin had no premine.
  • Premine accounting: To gain credibility, project needs to provide credible, transparent, ongoing descriptions of premine spending plan w/ actuals spending, presented in a credible way.

Also, the project needs to stop making enemies, unnecessarily, of its community members.
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