[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 14.

oryhp

member

Activity: 60

Merit: 89

Quote from: SurDenis905 on August 18, 2020, 05:27:38 AM

It seems to me that the hype surrounding the implementation of these anonymous functions in Litecoin will be very cool. Consequently, GRIN loses its uniqueness and investment attractiveness.

While I think it's a good idea for Litecoin to add this to distinguish itself, it doesn't make Grin lose any value because they're completely different. I don't know about investment, but Grin still has a very unique position in the space which can in my opinion only be stopped by a new technology emerging that is far superior - which we have yet to see.

Quote from: Beyerd17 on August 19, 2020, 06:33:20 AM

Grin did not have all that much going for it in the first place. Ooh so it's a privacy coin, wow, will it ever have a large potential userbase besides the paranoid and drug users and pushers. If I am way off here, please tell me why Grin is going to be a huge winner going forward Wink

You're way off here, but you should do your own research to find out why Wink

Beyerd17

full member

Activity: 826

Merit: 103

Quote from: SurDenis905 on August 18, 2020, 05:27:38 AM

Quote from: Convery on August 17, 2020, 05:37:24 AM

What is happening to GRIN? One year ago that was a great hype that GRIN is a future of anonymous cryptocurrencies, but when I look at market capitalization then Verge is doing better Cheesy

.
And what happened when Litecoin use MimbleWimble technology, does GRIN make a sense after that? Huh

It seems to me that the hype surrounding the implementation of these anonymous functions in Litecoin will be very cool. Consequently, GRIN loses its uniqueness and investment attractiveness.

Grin did not have all that much going for it in the first place. Ooh so it's a privacy coin, wow, will it ever have a large potential userbase besides the paranoid and drug users and pushers. If I am way off here, please tell me why Grin is going to be a huge winner going forward Wink

SurDenis905

newbie

Activity: 11

Merit: 0

Quote from: Convery on August 17, 2020, 05:37:24 AM

What is happening to GRIN? One year ago that was a great hype that GRIN is a future of anonymous cryptocurrencies, but when I look at market capitalization then Verge is doing better Cheesy

.
And what happened when Litecoin use MimbleWimble technology, does GRIN make a sense after that? Huh

It seems to me that the hype surrounding the implementation of these anonymous functions in Litecoin will be very cool. Consequently, GRIN loses its uniqueness and investment attractiveness.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Convery on August 17, 2020, 05:37:24 AM

What is happening to GRIN? One year ago that was a great hype that GRIN is a future of anonymous cryptocurrencies, but when I look at market capitalization then Verge is doing better Cheesy

.

Wat???

Quote from: Hueristic on January 19, 2019, 12:51:58 PM

Quote from: Febo on January 19, 2019, 09:10:41 AM

Quote from: HairyMaclairy on January 18, 2019, 07:24:26 PM

Conclusion: Grin is currently highly overvalued at $6.5

Question is not if price of Grin is over evaluated right now, but at what price and at what time will Grin found bottom. I believe most pessimistic date could be even 4 years form now and deep in 4 digits of satoshies.

I'm guessing more like 2 years and who know what BTC will be worth then so it is hard to judge what this will be worth in comparison.

Quote from: Hueristic on January 20, 2019, 05:44:53 PM

Quote from: LFC_Bitcoin on January 20, 2019, 10:45:56 AM

Hands up who is going with this just because theymos has backed it himself?
....

It's not like you guys were not warned.

Quote from: theymos on January 03, 2019, 09:26:17 PM

Quote from: chsados on January 03, 2019, 04:25:47 PM

What is the economic model? I read a while back that there was something funky about it and not that appealing.

1 grin is created per second on average, forever. Similar to XMR. Not ideal IMO, but it does tend to be deflationary long-term.

Quote from: Hueristic on January 17, 2019, 04:44:50 PM

Quote from: mindrust on January 17, 2019, 03:01:10 PM

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.

Not a shitcoin but it is not an investment vehicle.

Quote from: Hueristic on January 14, 2019, 11:58:45 AM

Quote from: NrX on January 13, 2019, 06:17:21 AM

Don't you think infinite supply will play role of pressure element on he price of coin ? There is lot of hype before the launch of this coin what is scheduled in two days now. I hope they will be much more careful with security and safety as first impression will be the last. We saw what happens with Beam with vulnerability. These are the two coins succeeded to get attention of everyone in very short time.

Beam is a money grab, tail emission is a design decision of a solid currency.
It doesn't matter if the pump and dumper can't make cake, its not designed for that so if the tail emission scares you then don't use this coin.

@Theymos finds the tech interesting and does not do pump and dumps.

I find the goals laudable and the tech interesting if not immature atm, the tech will be amazing if matured due to the scaling if nothing else.

Convery

sr. member

Activity: 966

Merit: 254

What is happening to GRIN? One year ago that was a great hype that GRIN is a future of anonymous cryptocurrencies, but when I look at market capitalization then Verge is doing better Cheesy

.
And what happened when Litecoin use MimbleWimble technology, does GRIN make a sense after that? Huh

tromp

legendary

Activity: 990

Merit: 1108

Quote from: Texacha on August 15, 2020, 11:07:41 PM

...but I agree with the part that "from an economic point of view, grin is the same as dogecoin"

Grin has constant block reward. In Doge the current reward is only 1% of initial reward.
Not quite the same, unless your only distinction is capped vs uncapped.

Taking that to an extreme, Grin would be the same as Bitcoin with a 1 satoshi tail emission,
where late miners are rewarded 5 billion times less than initial ones.

Texacha

member

Activity: 480

Merit: 68

Quote from: ilyapx on August 15, 2020, 12:15:08 PM

two users must be online all the time to translate, this is just nonsense and not technology.

Same is with cash money, so it isn't a nonsense. Wink

...but I agree with the part that "from an economic point of view, grin is the same as dogecoin"

ilyapx

member

Activity: 238

Merit: 29

Quote from: tromp on August 15, 2020, 09:17:45 AM

Reminder: do not feed the trolls...

where you Troll saw writing as it is, than your grin better Dogecoin?
even more I will say it is worse you can't transfer grin money to offlan

two users must be online all the time to translate, this is just nonsense and not technology.

tromp

legendary

Activity: 990

Merit: 1108

Reminder: do not feed the trolls...

ilyapx

member

Activity: 238

Merit: 29

Mimblewimble technology does not make sense in the future, a simple cryptocurrency like bitcoin with the function of compression of the blockchain is not needed by anyone. It is strange that grin has not yet fallen in price, from an economic point of view, grin is the same as dogecoin.

tromp

legendary

Activity: 990

Merit: 1108

Cuckatoo31 is no more

As of block (52+30)*7*24*60 = 826560, the graph_weight of C31 has fallen to 0,
making it impossible to solve blocks with C31.

Congratulations to the miner of block https://grinscan.net/block/826450 6
the last ever C31 block in Grin!

Although it really didn’t make sense to be mining C31 in the past week, where its graph_weight was 31 times less than before the phase-out. We suspect that even now, some people may still be mining C31, unaware that it’s a complete waste of electricity. At least the above miner got some bragging rights.

Sadly, now https://www.f2pool.com/coins only shows two grinning smilies instead of the former three in a row...

Neo-Geo

member

Activity: 126

Merit: 15

More info on 1st Grin ASIC + airdrop (post your address to receive 10 free Grin):
https://forum.grin.mw/t/came-across-1st-grin-asic-of-the-world/7383

Rune

legendary

Activity: 1229

Merit: 1001

Quote from: KIZILAGA on August 09, 2020, 11:40:56 AM

Underperformed even this bull market.Listed many exchanges but no demand.

Hashrate stalled since last year and so called asic manufacturers dont care anymore.

It's hard for demand to increase for Grin because of the slow declining inflation rate the longer Grin has been around the less the inflation rate matters.
But because it is so new now the inflation rate is such a large amount of the supply its just not a good store of value early on.
I bought some GRIN just in case but I feel like I am going to lose value in the short term.

arielbit

legendary

Activity: 3444

Merit: 1061

Quote from: KIZILAGA on August 09, 2020, 04:12:22 PM

Quote from: tromp on August 09, 2020, 03:06:51 PM

Quote from: KIZILAGA on August 09, 2020, 11:40:56 AM

so called asic manufacturers dont care anymore.

https://forum.grin.mw/t/there-will-be-an-asic-ama-in-next-governance-meeting/

Thats very good news!!! Following closely.

Thank you.

ASIC manufacturers will pump this coin when they get the product out....you know, sales hehe.

KIZILAGA

jr. member

Activity: 210

Merit: 6

Quote from: tromp on August 09, 2020, 03:06:51 PM

Quote from: KIZILAGA on August 09, 2020, 11:40:56 AM

so called asic manufacturers dont care anymore.

https://forum.grin.mw/t/there-will-be-an-asic-ama-in-next-governance-meeting/

Thats very good news!!! Following closely.

Thank you.

tromp

legendary

Activity: 990

Merit: 1108

Quote from: KIZILAGA on August 09, 2020, 11:40:56 AM

so called asic manufacturers dont care anymore.

https://forum.grin.mw/t/there-will-be-an-asic-ama-in-next-governance-meeting/

KIZILAGA

jr. member

Activity: 210

Merit: 6

Underperformed even this bull market.Listed many exchanges but no demand.

Hashrate stalled since last year and so called asic manufacturers dont care anymore.

Pro_David

newbie

Activity: 22

Merit: 1

It is clear that the project cannot develop without funding. And the fact that there are people who help in the development of Grin, I do not see anything wrong.

oryhp

member

Activity: 60

Merit: 89

Quote from: Chris! on August 02, 2020, 09:37:55 AM

What are you going on about? Did you vote? I didn't. Nor did anyone in the community.

This is public information. Go find it yourself. Hint: try the grin forum.

There are recurring public meetings on which different things (including funding requests) are discussed and yes, I did express my opinion on funding requests on keybase, multiple times. I invite you to join next time and you'll see it is not as bad as it seems to you

Chris!

legendary

Activity: 1382

Merit: 1122

Quote from: oryhp on August 02, 2020, 04:24:06 AM

I agree that we need wallets with a nice UI, but I think throwing funds at wallets makes sense only after we have somewhat stable transaction building. The transaction building process still keeps changing very often. I think it's best to first make it stable to avoid the need to fund multiple rewrites until we get it right.

There's already a plan in place for slatepacks. Maybe do some more reading. There's also many working UI wallets but the devs are dropping like flies because the core devs hoard everything for themselves.

Quote from: oryhp on August 02, 2020, 04:24:06 AM

I've not seen any evidence about the council predetermining the outcomes of funding requests. You can disprove this by:
1. Providing screenshots of this happening
2. Having a very clear and obvious disagreement on a public meeting where the council overrides the outcome

If you don't have any of the above, it means they are baseless accusations in which case I'd ask you to please stop spreading such views. Also, council members are free to discuss and form their opinion in a private chat.

What are you going on about? Did you vote? I didn't. Nor did anyone in the community.

This is public information. Go find it yourself. Hint: try the grin forum.

Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 14. (Read 73784 times)