[ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 22.

vand3

newbie

Activity: 5

Merit: 0

Hello GRIN Community Cheesy

,

I was looking to start mining, and was wondering if someone here can recommend me a good gpu to start mining GRIN with.

I was thinking I can start with 1 to learn how mining GRIN works and than upgrade from there when I have the proper understanding of all this.

Thanks

chafer99

member

Activity: 99

Merit: 10

Quote from: suchmoon on November 30, 2019, 02:21:24 PM

Quote from: chafer99 on November 30, 2019, 08:50:56 AM

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html

What difference does it make? C31 was designed for ASICs but since none are yet available (?) then it's possible to mine with the next best option, which is currently GPUs. Difficulty adjustments take care of that. Once ASICs arrive GPUs will have to give up because difficulty will rise beyond GPU profitability.

Thanks, i get it already: https://cryptomining-blog.com/11280-the-second-grin-hard-fork-is-planned-for-january-2020/

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: chafer99 on November 30, 2019, 08:50:56 AM

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html

What difference does it make? C31 was designed for ASICs but since none are yet available (?) then it's possible to mine with the next best option, which is currently GPUs. Difficulty adjustments take care of that. Once ASICs arrive GPUs will have to give up because difficulty will rise beyond GPU profitability.

chafer99

member

Activity: 99

Merit: 10

Hi, why Grin31 algo is only for 6Gb+ GPU, if Asic coming? https://www.innosilicon.com/html/grin-miner/index.html

tromp

legendary

Activity: 990

Merit: 1108

Quote from: BLACKCOIN883 on November 29, 2019, 09:30:12 AM

How's GRIN or Monero or others not absolute as soon as ETH will have privacy?

Absolutely!

BLACKCOIN883

sr. member

Activity: 271

Merit: 250

How's GRIN or Monero or others not absolute as soon as ETH will have privacy? I'm not a troll, I'm honestly curious if there's any argument against what I'm saying.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Quote from: magisterr on November 18, 2019, 04:52:00 AM

Quote from: whalebone on November 07, 2019, 06:19:56 AM

I'm looking for an exchange I can buy grin. I used to use polo but us based so no can do. thank you

You can see exchanges where Grin listed here:

https://next-prod.coinmarketcap.com/currencies/grin/markets/

I would reccomend you Okex, Kucoin and Bibox (exchanges which I used and have not any problem).

Also, Grin listed to DEX exchange:

https://x.vite.net/trade?symbol=GRIN-000_ETH-000

However, do Okex, Kucoin and Bibox not require their users to do give up identification and other private documents?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: MostlyGhostly on November 23, 2019, 01:03:11 PM

Quote from: Hueristic on November 18, 2019, 10:11:11 PM

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote from: cAPSLOCK on November 18, 2019, 09:29:47 PM

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

I see him laying feces on mimblewimble in that medium article but I see no proof of the statement in the first paragraph. Can it be presented in the form of a proof? I can say that I could unveil sendees and senders in every single monero transaction but what will that account for without a shred of a proof. Disclaimer: Im not buying any of privacy coins. Will only buy when it tanks like 100 times of the current value.

Why don't you try reading the rest of the thread, specifically this post.

Quote from: Hueristic on November 19, 2019, 01:04:39 AM

Here is a rebuttal to the paper.

https://medium.com/p/8063371839b9/responses/show

Sounds good to me, move along nothing to see here.

MostlyGhostly

full member

Activity: 398

Merit: 110

Quote from: Hueristic on November 18, 2019, 10:11:11 PM

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote from: cAPSLOCK on November 18, 2019, 09:29:47 PM

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

I see him laying feces on mimblewimble in that medium article but I see no proof of the statement in the first paragraph. Can it be presented in the form of a proof? I can say that I could unveil sendees and senders in every single monero transaction but what will that account for without a shred of a proof. Disclaimer: Im not buying any of privacy coins. Will only buy when it tanks like 100 times of the current value.

DMDCreeper

sr. member

Activity: 416

Merit: 270

Quote from: Coin_trader on November 18, 2019, 10:19:42 PM

I'm a $GRIN fan and bagholder, I don't care about the privacy that they are facing right now but I'm unloading my big since yesterday, I'm more on chart analysis rather than the development. I'm not selling because of what you said. The chart of $GRIN is really bearish right now due to the effect of Bitcoin price. I still have high hope on MW protocol and probably will enter again once this bearish season was over. Can't afford to lose way higher if I stay on alt coins.

Looks like you sold your bag just few days before -20% drop. Good catch!

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: RivAngE on November 21, 2019, 04:27:09 AM

Regarding the "...at least until some age" part,
I don't understand what the age of the blockchain has to do with this, probably because I didn't understand the exact method of this "attack" (I don't like to call it attack though since it's not damaging the integrity of the blockchain nor steals anyone's funds).

If I would make a guess, is it because the more people use GRIN and the more transactions are being broadcast, it becomes less possible to trace an individual transaction?

By "age" they could have meant that linking is possible only early in the transaction broadcast process. Once the block is confirmed all inputs and outputs are in one big coinjoin, so it's much harder to figure out what goes where, especially since the amounts are not visible. And after the outputs are spent a few more times it becomes even harder.

And yes, the more transactions in a block the better it is for privacy.

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Quote from: suchmoon on November 18, 2019, 12:32:14 PM

So he "researched" and found a limitation of MW known since 2016. That's $60 well wasted.

https://github.com/mimblewimble/grin/wiki/Grin-and-MimbleWimble-vs-ZCash

Quote

While Grin transaction outputs are fully obscured, it's still possible to trace which inputs links to which outputs at least until some age. But it's unclear at this point what information could be derived from this.

Regarding the "...at least until some age" part,
I don't understand what the age of the blockchain has to do with this, probably because I didn't understand the exact method of this "attack" (I don't like to call it attack though since it's not damaging the integrity of the blockchain nor steals anyone's funds).

If I would make a guess, is it because the more people use GRIN and the more transactions are being broadcast, it becomes less possible to trace an individual transaction?

tbct_mt2

hero member

Activity: 2366

Merit: 838

Grin coin is one of limited altcoins that caught attention of theymos who integrated the second option to buy the forum's Coppermembership.
Days ago, he stated his opinion on the potential of development in a very long term aspect. The Grin coin rallied impressively and I congratulated for guys whom bought below 10k satoshis weeks ago.

Grin coin has lots of room for developments and growths.

Quote from: theymos on November 19, 2019, 09:07:32 PM

AFAIK, that medium post is nothing new.

Base mimblewimble isn't really designed to be a "black box of reliable anonymity" in the way that Monero or Wasabi-CoinJoins are, where connections are hard-broken. It's more of a framework on which you could build solid anonymity using techniques that have largely not yet been perfected, plus major scaling benefits. Monero = CT + stealth addresses + ring signatures. Grin = CT + "stealth addresses" + mimblewimble. Because grin replaces ring signatures with mimblewimble, its privacy is less reliable than Monero's. Probably the grin developers have tried to make their mimblewimble transaction aggregation methods good, but I currently wouldn't put much faith in it, and IMO it'll take many years of research to get something really solid. That said, CT + stealth addresses offer a certain base level of privacy, and grin's method of handling stealth addresses (using an interactive protocol, exchanging "slates") is both more scalable than Monero and probably more private.

If your goal is to mix coins, grin is definitely not for you right now, and it may never be. Monero's goal is maximal privacy, regardless of the cost. Grin's goal is excellent privacy, consistent with scaling.

rowenta01

sr. member

Activity: 1216

Merit: 333

Anonymity protocols need to evolve and work to improve constantly. This is not new. This is the case for Grin and Beam, but it is also the case on Monero, Zcash, Zcoin, .. Flaws have been found and solutions have been found or will be found. It's the evolution of technology.

Zcoin has stopped Zerocoin for a long time. Zcoin is based on Sigma now and will deploy Lelantus in the near future. For Beam and Grin, it's the same. These researches on possible faults are interesting and participate in the questioning of the protocol and its improvement!

o48o

legendary

Activity: 3010

Merit: 1156

Leading Crypto Sports Betting & Casino Platform

Quote from: Hueristic on November 19, 2019, 01:04:39 AM

Here is a rebuttal to the paper.

https://medium.com/p/8063371839b9/responses/show

Sounds good to me, move along nothing to see here.

Thanks for sharing that. I wish that the markets had more trust on that as well... Well at least i can use this fear to fill some bags, it seems that the damage to the price is already happening.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Coin_trader on November 18, 2019, 10:42:35 PM

Relaunch is not necessary for the linkability issue of Mimblewimble protocol. I'm not pro at codes but hard fork is what I'm looking for as the best possible solution to address MW issue.
They can add a new way to improve MW so that the linkability issue can be solved. Grin is a solid project and I have 100% trust in devs. I'm sure they will come up with a solution to this issue
besides forking the coin.

Here is a rebuttal to the paper.

https://medium.com/p/8063371839b9/responses/show

Sounds good to me, move along nothing to see here.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: Hueristic on November 18, 2019, 10:29:52 PM

Quote from: Coin_trader on November 18, 2019, 10:19:42 PM

Quote from: Hueristic on November 18, 2019, 10:11:11 PM

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote

Grin still affords a stronger privacy model than Bitcoin or other non-privacy coins, since amounts are safely encrypted. But Mimblewimble provides a strictly weaker privacy model than Zcash or Monero. This makes it insufficient for many real-world privacy use cases.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

This is not FUD, just a heads up. I'm sure the Devs will address the issue if its possible.

I havn't spent any time in looking into this but wanted to give you guys a heads up asap.
Thanks to cAPSlOcK for pointing this out.

I'm a $GRIN fan and bagholder, I don't care about the privacy that they are facing right now but I'm unloading my big since yesterday, I'm more on chart analysis rather than the development. I'm not selling because of what you said. The chart of $GRIN is really bearish right now due to the effect of Bitcoin price. I still have high hope on MW protocol and probably will enter again once this bearish season was over. Can't afford to lose way higher if I stay on alt coins.

This has not shaken my faith in Grins dev team but it looks like the protocol itself will need to be addressed and repaired so maybe a relaunch of the coin or a hard fork will be in order.

Relaunch is not necessary for the linkability issue of Mimblewimble protocol. I'm not pro at codes but hard fork is what I'm looking for as the best possible solution to address MW issue.
They can add a new way to improve MW so that the linkability issue can be solved. Grin is a solid project and I have 100% trust in devs. I'm sure they will come up with a solution to this issue
besides forking the coin.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Coin_trader on November 18, 2019, 10:19:42 PM

Quote from: Hueristic on November 18, 2019, 10:11:11 PM

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote

Grin still affords a stronger privacy model than Bitcoin or other non-privacy coins, since amounts are safely encrypted. But Mimblewimble provides a strictly weaker privacy model than Zcash or Monero. This makes it insufficient for many real-world privacy use cases.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

This is not FUD, just a heads up. I'm sure the Devs will address the issue if its possible.

I havn't spent any time in looking into this but wanted to give you guys a heads up asap.
Thanks to cAPSlOcK for pointing this out.

I'm a $GRIN fan and bagholder, I don't care about the privacy that they are facing right now but I'm unloading my big since yesterday, I'm more on chart analysis rather than the development. I'm not selling because of what you said. The chart of $GRIN is really bearish right now due to the effect of Bitcoin price. I still have high hope on MW protocol and probably will enter again once this bearish season was over. Can't afford to lose way higher if I stay on alt coins.

This has not shaken my faith in Grins dev team but it looks like the protocol itself will need to be addressed and repaired so maybe a relaunch of the coin or a hard fork will be in order.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: Hueristic on November 18, 2019, 10:11:11 PM

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote

Grin still affords a stronger privacy model than Bitcoin or other non-privacy coins, since amounts are safely encrypted. But Mimblewimble provides a strictly weaker privacy model than Zcash or Monero. This makes it insufficient for many real-world privacy use cases.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

This is not FUD, just a heads up. I'm sure the Devs will address the issue if its possible.

I havn't spent any time in looking into this but wanted to give you guys a heads up asap.
Thanks to cAPSlOcK for pointing this out.

I'm a $GRIN fan and bagholder, I don't care about the privacy that they are facing right now but I'm unloading my big since yesterday, I'm more on chart analysis rather than the development. I'm not selling because of what you said. The chart of $GRIN is really bearish right now due to the effect of Bitcoin price. I still have high hope on MW protocol and probably will enter again once this bearish season was over. Can't afford to lose way higher if I stay on alt coins.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Just a heads up guys, it is not a good Idea to be Holding right now.

Quote from: cAPSLOCK on November 18, 2019, 09:29:47 PM

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 22. (Read 73784 times)