Topic: Grin Mining (Cuckoo Cycle) - page 4. (Read 3269 times)

Yes I have been following Grin forums and channels and it 's really convincing on why not giving a try mining your coin.I find grin has a good use cases and great teams. I think I am giving a grin 4 stars out of 5 at the moment and we'll see after the mainnet.

If you're interested in Grin mining make sure to check out the latest discussions in the Grin forum. There's a lot of discussion going on and all are welcome.

https://www.grin-forum.org/latest

I hope that Vitalik Buterin’s idea of building a supercomputer and running Ethereum 2.0 will kill the mining.

I think mining is one of the major flaws in modern cryptocurrency

Are you mining Grin on testnet and soon on mainnet?

The Grin mainnet will launch on January 15th 2019.

"Meet Grin - the private & lightweight mimblewimble blockchain"

What's Grin?
Electronic transactions for all. Without censorship or restrictions.
Grin empowers anyone to transact or save modern money without the fear of external control or oppression. Grin is designed for the decades to come, not just tomorrow. Grin wants to be usable by everyone, regardless of borders, culture, skills or access.

Private
Grin has no amounts and no addresses. Transactions can be trivially aggregated. To hide where a newly created transaction comes from, it gets relayed privately (a "random walk") among peers before it is publicly announced.

Scalable
MimbleWimble leverages cryptography to allow most of the past transaction data to be removed. This guarantees Grin won't crumble under its own weight in the long term.

Open
Grin is developed openly, by developers distributed all over the world. It's not controlled by any company, foundation or individual. The coin distribution is designed to be as fair (but not gratis) as is known to be possible.

Grin's Proof-of-Work
This document is meant to outline, at a level suitable for someone without prior knowledge, the algorithms and processes currently involved in Grin's Proof-of-Work system. We'll start with a general overview of cycles in a graph and the Cuckoo Cycle algorithm which forms the basis of Grin's proof-of-work. We'll then move on to Grin-specific details, which will outline the other systems that combine with Cuckoo Cycle to form the entirety of mining in Grin.

Please note that Grin is currently under active development, and any and all of this is subject to (and will) change before a general release.

Learn more about Grin Mining on https://github.com/mimblewimble/grin/blob/master/doc/pow/pow.md


Website: https://grin-tech.org

Exchanges: https://howtobuygrin.com