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Topic: grin is now accepted for forum payments - page 4. (Read 5858 times)

legendary
Activity: 2702
Merit: 1075
January 22, 2019, 04:53:24 AM
#88
Are you Grin mining?....
Mine Zilliqa at the same time....
Zilliqa ...Blockchain 3.0 , over 2800tps on pow with sharding.

https://blog.zilliqa.com/zilliqa-project-update-26-final-testing-before-mainnet-launch-75bf27cbc186


Remote/Dual Mining 
 PoW window is only 1 min per 2–3 hours (for 1 DS Epoch), dual mining is a logical choice for all miners to partake in, i.e., 99% uptime for mining ETH/GRIN, and 1% uptime for mining ZIL.
Therefore if you wish to setup the dual mining processes, you can simply run both Zilminer and ethminer software concurrently on your GPU rigs. However, do note that if you with to mine ZIL and ETH concurrently, your GPUs must have a vRAM of > 4GB in order to accommodate both ZIL’s DAG size (~1.02GB) and ETH’s DAG size (~2.84GB).

newbie
Activity: 7
Merit: 1
January 21, 2019, 03:58:18 PM
#87

Grin blockchain system demand from wallets to receive tokens to be in listen mode with an open port to your system and to expose your ip.
There and a much worst grin wallet from grin the wallet713 that your transaction relay from central servers....


Grin certainly does not demand to send tokens via http and the method is altogether discouraged, it is only there for user convenience. The default method is via file exchange where you can choose yourself how to exchange files (also does not require anyone to be online or listening). You can also do the exchange via the keybase plugin and anyone is free to implement plugins for any communication method they like (Signal, email etc) via the exposed wallet interface.
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
January 21, 2019, 08:22:48 AM
#86
as Adam Back says and Bitcoin dont have addresses in the first versions and the transaction between Hal Finney and Satoshi was p2p

https://twitter.com/adam3us/status/1087013943330172930

of course there is a flaw to your anonymity and security when someone use such a system. Adam Back reply the reason why Bitcoin add Bitcoin addresses

not very good:
- recipient has to be online (vs send to address recipient offline)
- IP address could change (many ISPs dynamic IP)
- recipient could have firewall or NAT (unreachable)
- TCP hijack could send funds to someone else (intercept/reroute)
- as no authentication

https://twitter.com/adam3us/status/1087151635510583296

Grin blockchain system demand from wallets to receive tokens to be in listen mode with an open port to your system and to expose your ip.
There and a much worst grin wallet from grin the wallet713 that your transaction relay from central servers....

 
Quote
  The relay does not store data. grinbox does not store any data on completed transactions by design, but it would be possible for the relay to do so and as a result build a graph of meta-data activity between grinbox addresses.
    Your IP is your responsibility. When you communicate with the grinbox relay service, you are exposing your IP to the relay. You can obfuscate your real IP address using services such as a VPN and/or TOR or i2p.

lol

For the history it seems tokens based to mimblewimble are both crap and a very bad implementations. Today beam the other mimblewimble project stuck at at block 25079.

https://twitter.com/beamprivacy/status/1087294277531635713

Guys both of them are just shitcoins as any other shitcoin out there.
newbie
Activity: 6
Merit: 0
January 20, 2019, 07:41:10 PM
#85
Very cool to see this support. I also like the implementation. Well done theymos.

Time to get and share around some ᵹ.

I'm a Bitcoiner who likes the idea of BTC and GRIN in synergy.
copper member
Activity: 630
Merit: 420
We are Bitcoin!
January 20, 2019, 02:30:42 PM
#84
We are in a forum where we are suppose to support bitcoin. Everything we do to promote bitcoin but when a character like theymos indirectly publicly vouch for something else then it will create a mess for sure.

Satoshi created Bitcoin and this forum in order to change the world, not to create a "Cult of BTC". In fact, Satoshi recommended creating Namecoin, the first altcoin. (Though Namecoin ended up being one of the bolt-stuff-onto-cloned-Bitcoin systems that I've never really respected.) I'm not going to start jumping on every alt bandwagon and treating every cryptocurrency as just as good as any other, nor do I believe that grin is currently anywhere close to BTC in terms of overall utility. But grin has true merit, and if you're interested in Bitcoin for the same reasons that Satoshi created it (freedom, privacy, and interesting tech), then grin is worthy of acknowledgement.
Honestly speaking I never heard of grin hence I never looked at the technology, so to be honest I do not have much technical knowledge about the coin either.

I did not mean "Cult of BTC". Excuse me If I gave you the wrong impression.

The point for me was - you are a brand ambassador of bitcoin (I am not saying bitcoin depends on you or depends on the forum. The legacy of bitcoin is enough to move alone as long as normal people accept it). When you step into something in this forum the entire community here give attention. Instead of talking about grin or anything else can we not inspire bitcoin developers?

Let's say grin has the best technology in the world, does that mean we all forget about bitcoin and move to grin? Sorry theymos may be I am not making sense. Think about Apple and Microsoft. They both believe in their own products and do everything to make their one THE BEST.

Anyway, it's your forum, satoshi trusted you with this forum. So, you do what you think is the best for the forum. But I guess you need to hear the community. I don't think many people here supported this new addition (I could be wrong by the way).




0.00675676  BTC  ~  23.5$
2.252253333  Grin  (grin, lol)    ~  5$

Buying now a membership with grin is cheaper than buying it with BTC before the price increase



Well it's called offer LOL Take it!
administrator
Activity: 5166
Merit: 12850
January 20, 2019, 12:31:42 PM
#83
I don't know but I guess that the rate for grin is a fixed one, at
Code:
0.00675676 BTC via grin, send 2.252253333 grin

The prices and ratios in the forum's automatic payment handling are not permanent, but I only update them manually from time to time.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
January 20, 2019, 10:58:13 AM
#82
I don't know but I guess that the rate for grin is a fixed one, at
Code:
0.00675676 BTC via grin, send 2.252253333 grin
At the rate, theymos accepted higher rate than real-time price of Grin on exchanges at the moment.

As I was saying

Quote
To get a forum credit of 0.00208333 BTC via grin, send 0.694443333 grin
7$ vs 3.7$

By the time the friday price increase comes, you might buy a membership with a few cents


0.00675676  BTC  ~  23.5$
2.252253333  Grin  (grin, lol)    ~  5$

Buying now a membership with grin is cheaper than buying it with BTC before the price increase


hero member
Activity: 2016
Merit: 531
FREE passive income eBook @ tinyurl.com/PIA10
January 20, 2019, 10:43:43 AM
#81
What kind of software is required to mine it?

Anybody give me noob instructions?

Here's a detailed guide from Medium, have a look.

You'd need Grin Gold Miner and some dependiy file(s).
legendary
Activity: 1806
Merit: 1827
January 20, 2019, 10:31:24 AM
#80
We should probably move discussions about grin itself to the ANN thread in the altcoin discussion.
https://bitcointalk.org/index.php?topic=5090427.new#new

The discussion here should be limited to the pros and cons of Bitcointalk taking it as an payment, IMHO.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
January 20, 2019, 08:24:45 AM
#79
What kind of software is required to mine it?

Anybody give me noob instructions?
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
January 20, 2019, 07:43:35 AM
#78
I don't know but I guess that the rate for grin is a fixed one, at
Code:
0.00675676 BTC via grin, send 2.252253333 grin
At the rate, theymos accepted higher rate than real-time price of Grin on exchanges at the moment.
No one knows where Grin will go next months.
Let's see.

Anyway, it is interesting to see that the forum eventually accpeted another payment gater, rather than only in bitcoin.

bad decision imo. Grin is another pure shitcoin. Nothing special.
legendary
Activity: 2170
Merit: 3858
Farewell o_e_l_e_o
January 20, 2019, 02:00:21 AM
#77
I don't know but I guess that the rate for grin is a fixed one, at
Code:
0.00675676 BTC via grin, send 2.252253333 grin
At the rate, theymos accepted higher rate than real-time price of Grin on exchanges at the moment.
No one knows where Grin will go next months.
Let's see.

Anyway, it is interesting to see that the forum eventually accpeted another payment gater, rather than only in bitcoin.
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
January 19, 2019, 10:07:13 PM
#76
I have mine grin for some days and test it.
My conclusion is that is coin is a crap and i cant find any reason for this coin to exists.
First it says that is anonymous but requires to open a port to your system to receive a payment.. lol. The other option to receive a payment is through emai... second lol...
Second. It has no limit cap to tokens inflation. 30 mil coin per year. And Dogecoin has no cap but is very easy to use it as an every day payment system. In the other hand grin is by design very difficult to use it as an every day payment system and of course with 30 million tokens per year no one will use it as a store of value.
Third. Chinese miners already exploit grin mining and from the first day mining centralised to big farms.
My conclusion is that Grin for sure is not Bitcoin 2.0 but is Bitcoin 0.1.
sr. member
Activity: 326
Merit: 250
January 19, 2019, 03:36:17 PM
#75
I'm super excited about grin. All past altcoins have been just Bitcoin with a few bits tacked on; occasionally these extra bits are useful/interesting (eg. Monero or Ethereum), but in the vast majority of cases this extra stuff is just meaningless marketing-oriented garbage. But grin is packed full of useful innovation from top to bottom; moreover, it's clearly built in the same cypherpunk spirit that Bitcoin was: increased freedom/sovereignty through technology.

Therefore, I'm happy to announce that the forum is now accepting grin payments automatically, probably the first site other than exchanges to do so. You'll find a link at the bottom of the evil-fee and copper-membership pages.

grin is new and clunky to use. I don't expect many people to use it, honestly. But I needed to rewrite the forum payments system anyway in order to support LN in the future and to fix some longstanding issues with the old code, so adding grin support worked out nicely.

I don't recommend buying or not buying grin. Due to its emission schedule, I'd guess that its price will have a general downward trend for quite some time, but who knows. Currently I own zero grin (though I will be buying from the forum all grin obtained), I was not paid to add grin support, and in fact not a soul knew that I was going to do so. grin support might be removed later if it dies off or becomes too time-consuming for me to maintain.

I tested this with grin's floonet (testnet), but not mainnet yet since I don't have any grin. Hopefully it works. Smiley



A few observations I had while implementing this:

By default they want you to essentially pay to IP addresses. This was stupid when Satoshi tried it 10 years ago, and it's stupid now. At the very least you should strongly encourage (ie. nearly force) people to give out public keys along with their IPs, since otherwise MITM attacks are trivial. Even then it sucks to require the recipient to run an open-to-the-Internet server at all. And for goodness' sake, don't use the broken/centralized HTTPS system; the Bitcoin Core devs have been going to a lot of trouble trying to remove that garbage from Core.

A better protocol for the copy/paste method is needed. For one, you shouldn't have to use intermediary files. I was annoyed when I did grin wallet send -m file -d - and it actually created a file called "-" instead of writing to stdout like it should.

grin needs to be much better at handling transactions that never continue beyond the first or second step in the three-way transaction process. They probably shouldn't even show up in the main transaction log.

Currently I think that there's no way for the recipient to get the modified slate after running receive the first time (eg. if it gets lost), which is nuts. And currently there appears to be no reasonable method for proving that you sent a transaction.

Congratulations on this. Great move, theymos! We at CoinGecko are equally excited about Grin as well and are following things closely.
You are spot on about Grin price having a downward trend at the start due to the limited supply.





This is true but quite inaccurate data. This doesnt show how many grin was actualy bought for that price and it was serious bottleneck on the exchanges. It still is. Its a mess. Its stupid use 200$ ++ price even as real or rational.

But yes its downtrend like every crypto now, this inflation is more like longterm effect, this inflation of grin have absolutely no impact on this short term price decline.
legendary
Activity: 1382
Merit: 1122
January 19, 2019, 01:20:45 PM
#74
That's awesome to hear. I've mined a few so far and will be HODLing them, but this seems like a win win win. You can buy some grins, the forum gets more money (maybe) and maybe it'll help a little with adoption. It's very clunky and currently only a Linux wallet so who knows about the price. It could keep going down or skyrocket once it's easier to use.

There's still a lot to learn with grin! Everybody just keep reading as much as you can.
member
Activity: 247
Merit: 40
January 18, 2019, 09:54:49 PM
#73
I'm super excited about grin. All past altcoins have been just Bitcoin with a few bits tacked on; occasionally these extra bits are useful/interesting (eg. Monero or Ethereum), but in the vast majority of cases this extra stuff is just meaningless marketing-oriented garbage. But grin is packed full of useful innovation from top to bottom; moreover, it's clearly built in the same cypherpunk spirit that Bitcoin was: increased freedom/sovereignty through technology.

Therefore, I'm happy to announce that the forum is now accepting grin payments automatically, probably the first site other than exchanges to do so. You'll find a link at the bottom of the evil-fee and copper-membership pages.

grin is new and clunky to use. I don't expect many people to use it, honestly. But I needed to rewrite the forum payments system anyway in order to support LN in the future and to fix some longstanding issues with the old code, so adding grin support worked out nicely.

I don't recommend buying or not buying grin. Due to its emission schedule, I'd guess that its price will have a general downward trend for quite some time, but who knows. Currently I own zero grin (though I will be buying from the forum all grin obtained), I was not paid to add grin support, and in fact not a soul knew that I was going to do so. grin support might be removed later if it dies off or becomes too time-consuming for me to maintain.

I tested this with grin's floonet (testnet), but not mainnet yet since I don't have any grin. Hopefully it works. Smiley



A few observations I had while implementing this:

By default they want you to essentially pay to IP addresses. This was stupid when Satoshi tried it 10 years ago, and it's stupid now. At the very least you should strongly encourage (ie. nearly force) people to give out public keys along with their IPs, since otherwise MITM attacks are trivial. Even then it sucks to require the recipient to run an open-to-the-Internet server at all. And for goodness' sake, don't use the broken/centralized HTTPS system; the Bitcoin Core devs have been going to a lot of trouble trying to remove that garbage from Core.

A better protocol for the copy/paste method is needed. For one, you shouldn't have to use intermediary files. I was annoyed when I did grin wallet send -m file -d - and it actually created a file called "-" instead of writing to stdout like it should.

grin needs to be much better at handling transactions that never continue beyond the first or second step in the three-way transaction process. They probably shouldn't even show up in the main transaction log.

Currently I think that there's no way for the recipient to get the modified slate after running receive the first time (eg. if it gets lost), which is nuts. And currently there appears to be no reasonable method for proving that you sent a transaction.

Congratulations on this. Great move, theymos! We at CoinGecko are equally excited about Grin as well and are following things closely.
You are spot on about Grin price having a downward trend at the start due to the limited supply.



copper member
Activity: 234
Merit: 1
https://twitter.com/bazookajeff
January 18, 2019, 04:53:32 PM
#72
And i thought Grin won't launch it's mainnet anytime soon. But looks like the client is far from user-friendly and only mid-high end GPU can mine GRIN for now.

Any chance you'll accept another cryptocurrency (XMR, ETH or perhaps DOGE) soon?

XMR is possible, but probably not the others.

I guess I have already proven my point. Didn't expect it this quick though.

Quote
24h Low / 24h High
$6.92 / $261.65

Imagine FOMOing and buying it for $261.65.

Since the inflation rate is so high in the first ~year, I think it will probably go even lower, probably under $1, and I'd expect the price chart of the first year to be a general downward trend. Again, I don't particularly recommend buying this stuff, and I myself am not going to be buying large amounts soon. But if it survives for several years and ends up competing effectively with other coins on scaling and privacy, then the inflation rate starts becoming reasonable even despite its unlimited supply (see my comment here), and we could at that point see an upward price trend. Even at $1 it'd be an extremely risky investment, but in any case it's an extremely interesting piece of tech.

And I'll be periodically adjusting the forum exchange rate, BTW.

We are in a forum where we are suppose to support bitcoin. Everything we do to promote bitcoin but when a character like theymos indirectly publicly vouch for something else then it will create a mess for sure.

Satoshi created Bitcoin and this forum in order to change the world, not to create a "Cult of BTC". In fact, Satoshi recommended creating Namecoin, the first altcoin. (Though Namecoin ended up being one of the bolt-stuff-onto-cloned-Bitcoin systems that I've never really respected.) I'm not going to start jumping on every alt bandwagon and treating every cryptocurrency as just as good as any other, nor do I believe that grin is currently anywhere close to BTC in terms of overall utility. But grin has true merit, and if you're interested in Bitcoin for the same reasons that Satoshi created it (freedom, privacy, and interesting tech), then grin is worthy of acknowledgement.

TBH I would prefer to be able to pay with XMR instead of Grin since XMR is more stable atm. That being said, I think it is a good step overall to give credit and opportunity to true cypherpunk coins that are adding to the cryptospace. I do hope that this experiment of accepting Grin leads to the acceptance of XMR at a later date. In the interim, however, I think I will give Grin a go to purchase copper. Cheers!
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
January 18, 2019, 10:55:52 AM
#71
pretty interesting development especially with your other thoughts youve voiced in other thread(s) here on bitcointalk about grin

cool to see though -- nice to see people genuinely excited / interested about some projects w/ a bit of merit in the space lately as opposed to the last 6 months that have just felt totally dead.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
January 18, 2019, 10:50:44 AM
#70
Will review it and i may give it a shot (mining tho).
newbie
Activity: 1
Merit: 1
January 18, 2019, 06:36:06 AM
#69
cool. Cool

to anyone complaining that bitcointalk should only accept bitcoin:
supporting grin is a good way to test mimblewimble.
and mimblewimble could potentially improve bitcoin in some way, since it has an elegant solution for scaling & privacy.
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