Grin Coin : Not just a new currency in the list.

dnprock

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Bitflate developer

Quote from: coupable on January 27, 2019, 07:49:21 AM

Quote from: rosmerius on January 25, 2019, 09:57:11 PM

Seeing its function looks easy and certainly many will be interested in Grin coins.

It's not that easy you can imagine; there is no wallet addresses with Grin, neither a traceble transactions. A lot to say about its infinite supply and how it ensures scalabitity towards inflation (in long term run).
And as BitMaxz said: "if you don't have knowledge in Linux you can't easily use it the same as bitcoin."

People in crypto misunderstand tail emission. Grin outputs linear reward: 1 coin per second. This is a constant emission. As supply gets bigger, this emission eventually goes to 0. Over long-term, it'll behave like zero supply. I'm not sure how their developers decide on this emission. It seems like an effort to differentiate but they didn't really think through.

coupable

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I prefer announcing this here instead of creating a new thread.

Few hours ago , Grin's General Funds received a donation of 50 btc from an old bitcoiner : 0810b1644cea890aad01564de5e4518ebcddb4c84df0c93223f050d580edee45
Funds are coinbase originated back in 2010. (See sender address)

The news was published today in Grin forum here : https://www.grin-forum.org/t/donation-to-the-grin-general-fund-nov-11/6446

d1ceplayer

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Quote from: Velkro on January 25, 2019, 07:49:16 PM

Quote from: BitMaxz on January 25, 2019, 06:42:57 PM

I tested the coin for 2 types of sending option(I don't know if the coin has other payment option) via slate file or sending coin via HTTP/HTTPS and this is not easy to use

This is big problem. Bitcoin is easy and still very hard to some. If this is harder im not forseeing future for this coin.
Anyway, got me interested a little bit by your research i will dig into it now to be able to help others later on.

My point exactly, with the way bitcoin has been program, it is still very difficult for a lot of users to understand how it works even with its user friendly nature, how much more a project that is very difficult to understand by a user in the blockchain space.

Many companies just come up with so many blockchain projects everyday but one thing they always fail to do is to come up with something that is user friendly and easy to understand.

coupable

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I found this picture so awsome so i just want to share it here

coupable

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The MimbleWimble whitepaper can be found here: https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt

Earliest discussions about MimbleWimble: https://motherboard.vice.com/en_us/article/gv5wej/lord-voldemort-tom-elvis-jedusor-is-trying-to-save-bitcoin-mimblewimble
Waiting the release of superlinear

nxnqauff

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PG-PAY Gold Backed Token

Came across this one as well as Beam recently. Need to spend sometime to understand these 2 coins. May be it will have future.

coupable

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Quote from: bitcoinsc on January 31, 2019, 02:34:39 PM

I tried to withdraw funds. But didn't Kno how to create an address. Crypto was suppose to be easy but this is harder than I thought.

There is no addresses with Grin, transactions are made in a ttal newly different way, with files or http listener. You should learn how to use it before buy. I don't suggest you to keep the coins in your exchange wallet.

bravehearth0319

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Quote from: coupable on January 25, 2019, 05:33:10 PM

From a couple of days, it took my attention the discussions and news about Grin. As i understood, Grin has different caracteristics from what we used to know about a coin in a Blockchain; there is no addresses to send to/from, transactions are made in a different way so they are not recorded. For now, it requires some setup to use it and limited to win10 64bits to run the wallet (best way to run it on Linux) sadly am a win user. Grin already traded on those platforms: https://www.coingecko.com/en/coins/grin
Official discussion about Grin: https://bitcointalksearch.org/topic/ann-grin-pow-mining-electronic-transactions-for-all-community-driven-5090427 (you should read it)
Grin is accepted as official payement method on bitcointalk forum when to buy a Copper-Membership account as mentioned by the admin: https://bitcointalksearch.org/topic/grin-is-now-accepted-for-forum-payments-5098450
Grin is a project developped by developers from all over the world and it's completely decentralized.
Website https://grin-tech.org/
Github https://github.com/mimblewimble/grin/

What do you know about running Grin wallet?
What do you think about Grin? Is it really that Grin can put all the cryptocurrencies in inconfortable situation? Share your knowledge

I'm not quite familiar with this altcoins, but when I checked in the exchange such as coingecko, kucoin, and bitforex, hotbit and more it was 6$ per token and its trading volume in the platform was ranging from 12M$ almost, which is if I am going to think about I'm not sure of it so far, it seems that its been manipulated by the whaler just like on XRP(Ripple), in my opinion only.

bitcoinsc

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I bought in early. But when it pumped I bought in again n now it crashed hard.

I tried to withdraw funds. But didn't Kno how to create an address. Crypto was suppose to be easy but this is harder than I thought.

Coins have potential but ppl are jus dumping on u.

chriseasan

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Activity: 224

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I have bought some Grin coin a few days ago. I saw big potential in this coin and hoped that the price will go up with time. I bought it for 12 USD and now the price is around 5 USD. Such a downfall is a great example of false investment and a coin without a potential.

bttmember

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AMEPAY

If this coin helps to solve the scalability issues of even the other blockchain networks like btc and eth network then i think this can go a long way in the mass adoption of the current blockchain networks especially if it is applied and implemented successfully it will create huge difference.

SRKNGL

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Files.fm - Store, Share and Sell Files

Coinmarketcap is also $ 2 before the grid is listed. After the listing was up to $ 14. Now it looks like it's going to fall to $ 5.

sorrros

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ludenaprotocol.io

Grin is very very interesting coin, but it has one problem, its inflation is the biggest problem about this project I think. I do not understand why there is not defined max supply Roll Eyes

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coupable

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Quote from: romelitounknown on January 31, 2019, 06:40:46 AM

Its main purpose is to solve Bitcoin scalability and privacy issues.

This is one of the urgent question which no one yet know its response: Is green a sollution for the bitcoin blockchain (we will see the implementation for bitcoin) or it will remain to be a unique concept running in a seperate blockchain newely designed.

Quote from: BitcoinHodler on January 31, 2019, 07:15:31 AM

i am sure that if theymos never added grin to bitcointalk most people would have never even heard the name "grin".

Am not really sure about this. As it's not really specified in Grin but it is the cryptocurrency that is implemented based on the proposed MimbleWimble protocol; MimbleWimble concept is set since 2016: See Here
Other projects in MimbleWimble:
Beam
Wink

nutriagrigia

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Oikos.cash | Decentralized Finance on Tron

Quote from: Gatsby club on January 31, 2019, 09:47:38 AM

It seems to me that this is another “super-currency” which, in a few months, everyone will forget again, despite the fact that they now say a lot and many use it - it will never be able to repeat the success of Bitcoin, even despite the fact that this currency has many advantages which do not have bitcoin.

I do not think that this currency will soon be forgotten. those currencies that grow 600 percent during such a dead market - do really interesting things

Gatsby club

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keyTango

It seems to me that this is another “super-currency” which, in a few months, everyone will forget again, despite the fact that they now say a lot and many use it - it will never be able to repeat the success of Bitcoin, even despite the fact that this currency has many advantages which do not have bitcoin.

BQ

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CoinMetro - the future of exchanges

Quote from: BitcoinHodler on January 31, 2019, 07:15:31 AM

grin is certainly an interesting project and it is exploring very interesting concepts in blockchain technology with its privacy focused approaches. but its economical design is terrible in my opinion. nearly a decade of experimental altcoins has proven that you can't really chose a big supply and a fast supply creation and also have your coin gain any traction in the cryptocurrency world

i am sure that if theymos never added grin to bitcointalk most people would have never even heard the name "grin".

this is exactly my concern, I actually bought some grin but quickly sold the last few days - lots of people are selling OTC really cheap and during the past few days seemingly miners gained 100s of % from sales, and the economics is pretty unclear. which is sad, considering how great a true privacy coin would be. but there's "Beam" too worth looking into

BitcoinHodler

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HODLing is an art, not just a word...

grin is certainly an interesting project and it is exploring very interesting concepts in blockchain technology with its privacy focused approaches. but its economical design is terrible in my opinion. nearly a decade of experimental altcoins has proven that you can't really chose a big supply and a fast supply creation and also have your coin gain any traction in the cryptocurrency world

i am sure that if theymos never added grin to bitcointalk most people would have never even heard the name "grin".

publicjud

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twet.ch/inv/62d7ae96

GRIN is a very interesting crypto for the whole blockchain area, because mimblewimble protocol introduces many innovative aspects. It doesn't fit well for investments due to its inflation aspects, but there is no doubt it's very promising for secure payments.

romelitounknown

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GRIN is a relatively new project that is an implementation of the mimblewimble blockchain. It is a non-commercial, community-funded open-source project that is being developed by community members – “by the people, for the people”. Its main purpose is to solve Bitcoin scalability and privacy issues.

Topic: Grin Coin : Not just a new currency in the list. (Read 376 times)