[ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 262.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: tinus42 on April 02, 2014, 06:35:10 AM

Quote from: child_harold on April 01, 2014, 05:03:37 PM

In a market where 99% of new coins are pure hype this quiet coin is intriguing.

The white paper for the coin is rather impressive.

<...>

http://www.groestl.info/Groestl.pdf

This is the white paper of the Groestl hash algo, which was not invented by the creators of GroestlCoin. Just like Satoshi didn't invent SHA256.

I've put 3 R9 290s on it to test vs. X11 on Darkcoin. It's not bad so far. Runs pretty cool and work output seems quite high.

wxyzups

full member

Activity: 138

Merit: 100

GRS follow those development plans.

tinus42

hero member

Activity: 784

Merit: 501

Quote from: child_harold on April 01, 2014, 05:03:37 PM

In a market where 99% of new coins are pure hype this quiet coin is intriguing.

The white paper for the coin is rather impressive.

<...>

http://www.groestl.info/Groestl.pdf

This is the white paper of the Groestl hash algo, which was not invented by the creators of GroestlCoin. Just like Satoshi didn't invent SHA256.

srcxxx

sr. member

Activity: 266

Merit: 250

Moved into http://groestlcoin.org/forum/index.php?topic=12.0

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: chiguireitor on April 01, 2014, 10:07:28 PM

Open letter to gruve_p,

Respond my PMs relating the faucet @ http://cryptocoinfaucet.appspot.com/?id=GRS , c'mon! i don't wanna close it!

Regards,

Me

gruve_p?

DubFX

sr. member

Activity: 434

Merit: 250

Quote from: srcxxx on April 01, 2014, 11:31:51 PM

Let's see if we can make it to cryptsy...

That would be nice...i think this could bring alot more of the interest to this coin wich would be great!

srcxxx

sr. member

Activity: 266

Merit: 250

Let's see if we can make it to cryptsy...

chiguireitor

legendary

Activity: 872

Merit: 1010

Coins, Games & Miners

Open letter to gruve_p,

Respond my PMs relating the faucet @ http://cryptocoinfaucet.appspot.com/?id=GRS , c'mon! i don't wanna close it!

Regards,

Me

child_harold

hero member

Activity: 812

Merit: 1000

@gruve_p

r u alive?

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: cbuchner1 on April 01, 2014, 05:13:32 PM

Quote from: child_harold on April 01, 2014, 05:07:47 PM

Quote from: zero3112 on April 01, 2014, 05:05:13 PM

Hash algo Groestl what is that hash algo? Never heard of it?

http://www.groestl.info/Groestl.pdf

Please let me know what it means

Does "diffusion" mean anonymity?
>

diffusion is a desired property of a hash function.

No relation to anonymity whatsoever

see also: "avalanche effect" (Wikipedia)

thanks for the response. what do yo make of the white paper?

cbuchner1

hero member

Activity: 756

Merit: 502

Quote from: child_harold on April 01, 2014, 05:07:47 PM

Quote from: zero3112 on April 01, 2014, 05:05:13 PM

Hash algo Groestl what is that hash algo? Never heard of it?

http://www.groestl.info/Groestl.pdf

Please let me know what it means

Does "diffusion" mean anonymity?
>

diffusion is a desired property of a hash function.

No relation to anonymity whatsoever

see also: "avalanche effect" (Wikipedia)

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: zero3112 on April 01, 2014, 05:05:13 PM

Hash algo Groestl what is that hash algo? Never heard of it?

http://www.groestl.info/Groestl.pdf

Please let me know what it means

Does "diffusion" mean anonymity?
>

zero3112

hero member

Activity: 588

Merit: 500

Hash algo Groestl what is that hash algo? Never heard of it?

child_harold

hero member

Activity: 812

Merit: 1000

In a market where 99% of new coins are pure hype this quiet coin is intriguing.

The white paper for the coin is rather impressive. I have little idea what it means though. Does it suggests an encrypted blockchain or offer other levels of anonymity? The word "diffusion" is used in the paper several times. Is this a discreet way of describing anonymity? Somebody with smarts can perhaps parse the paper and get back to me on this.
http://www.groestl.info/Groestl.pdf

Anyway - if the OP posts anything the price will jump 10%

Dev? OP?

cyghfer

newbie

Activity: 11

Merit: 0

I know my account is completely new but I am buying as well. The main weakness of the coin so far seems to be promotion and it looks like that'll be addressed very soon. Otherwise, the coin has nice features & an appealing overall package. More people will get involved as awareness of the coin grows and they see that now is a great time to mine/buy.

kaene

hero member

Activity: 784

Merit: 1005

Quote from: Calhil on April 01, 2014, 11:05:33 AM

Quote from: azhago on April 01, 2014, 09:48:06 AM

Quote from: Calhil on April 01, 2014, 09:34:44 AM

Ok, lets be clear here. Nobody in their right mind is buying this crap. Everyone is mining with a hope of dumping their coins once the price is high enough to get btc/fiat. Nobody will mine it after some time because the block reward will just get too small and the network will slowly die. This coin will be dead within a couple of months.

frustrated ?
I'm sure many people says the same thing about..many coins. Some succeed, many not.

Nobody force you to mine or buy Groestlcoin, (or to be on this topic neither)

Its my right to show people my view on what this coin really is. A few early miners might benefit from this in the short term but in the long term the community will suffer. People will see that they invested in a scam and will avoid risking their money with cryptocurrencies again.

Spending so much time replying and replying to this thread only shows something, you had some interest in this coin, but you decided not to mine/buy it (probably because others started earlier and got better chance), and now you see other are still mining and buying it. Then you want to convince everyone not to mine/buy it, because otherwise you will feel dumb after some weeks when you see this coin success.

Now it's up to you to decide, people thought they were late when BTC went for $4, and again when it went for $40 .... it's up to you to decide if you are late, and feel free to pump the thread Wink

azhago

full member

Activity: 182

Merit: 100

Quote from: Calhil on April 01, 2014, 11:05:33 AM

Quote from: azhago on April 01, 2014, 09:48:06 AM

Quote from: Calhil on April 01, 2014, 09:34:44 AM

Ok, lets be clear here. Nobody in their right mind is buying this crap. Everyone is mining with a hope of dumping their coins once the price is high enough to get btc/fiat. Nobody will mine it after some time because the block reward will just get too small and the network will slowly die. This coin will be dead within a couple of months.

frustrated ?
I'm sure many people says the same thing about..many coins. Some succeed, many not.

Nobody force you to mine or buy Groestlcoin, (or to be on this topic neither)

Its my right to show people my view on what this coin really is. A few early miners might benefit from this in the short term but in the long term the community will suffer. People will see that they invested in a scam and will avoid risking their money with cryptocurrencies again.

It's your right to have a different opinion. Wanting everybody to adopt yours is trolling. There is a lot of altcoin threads you can troll on, please choose (another) one.

Turpomann

full member

Activity: 154

Merit: 100

Quote from: Calhil on April 01, 2014, 11:05:33 AM

Quote from: azhago on April 01, 2014, 09:48:06 AM

Quote from: Calhil on April 01, 2014, 09:34:44 AM

Ok, lets be clear here. Nobody in their right mind is buying this crap. Everyone is mining with a hope of dumping their coins once the price is high enough to get btc/fiat. Nobody will mine it after some time because the block reward will just get too small and the network will slowly die. This coin will be dead within a couple of months.

frustrated ?
I'm sure many people says the same thing about..many coins. Some succeed, many not.

Nobody force you to mine or buy Groestlcoin, (or to be on this topic neither)

Its my right to show people my view on what this coin really is. A few early miners might benefit from this in the short term but in the long term the community will suffer. People will see that they invested in a scam and will avoid risking their money with cryptocurrencies again.

Calhil

full member

Activity: 182

Merit: 100

Quote from: azhago on April 01, 2014, 09:48:06 AM

Quote from: Calhil on April 01, 2014, 09:34:44 AM

Ok, lets be clear here. Nobody in their right mind is buying this crap. Everyone is mining with a hope of dumping their coins once the price is high enough to get btc/fiat. Nobody will mine it after some time because the block reward will just get too small and the network will slowly die. This coin will be dead within a couple of months.

frustrated ?
I'm sure many people says the same thing about..many coins. Some succeed, many not.

Nobody force you to mine or buy Groestlcoin, (or to be on this topic neither)

Its my right to show people my view on what this coin really is. A few early miners might benefit from this in the short term but in the long term the community will suffer. People will see that they invested in a scam and will avoid risking their money with cryptocurrencies again.

child_harold

hero member

Activity: 812

Merit: 1000

I am buying

this thing is a work of art.
http://www.groestl.info/Groestl.pdf

Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 262. (Read 558212 times)