Grin Observer - GRN/BTC - Price Movement and Discussion - page 50.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: bones261 on January 29, 2019, 12:39:55 AM

Quote from: Hueristic on January 29, 2019, 12:34:28 AM

Quote from: bones261 on January 29, 2019, 12:29:35 AM

Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.

I believe you are correct.

My main concern with the coin at the moment is the inflation. 1 coin per second seems a bit much. Unfortunately, I am only mining this with 1 single 1070, so I don't even have a coin, yet. Cry

I decided to not even bother and will buy some in a few years.

Quote from: infofront on January 29, 2019, 05:22:35 PM

Quote from: HairyMaclairy on January 29, 2019, 04:41:36 AM

You dont think the Monero forum might have a certain bias do you?

OFC, but another perspective is useful. Coin-specific threads end up becoming circle jerks (Monero thread included).

You got that right! and don't be the poor schmuck that points that out to the koolaid drinkers!

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Quote from: HairyMaclairy on January 29, 2019, 04:41:36 AM

You dont think the Monero forum might have a certain bias do you?

OFC, but another perspective is useful. Coin-specific threads end up becoming circle jerks (Monero thread included).

consideritdone

newbie

Activity: 602

Merit: 0

Quote from: Cryptotourist on January 29, 2019, 03:08:12 AM

Morning Grin lovers.

My concern is how much Grin to buy at the bottom.
I do love my BTC.
That said, Grin has contributed a little over 0.1BTC for roughly 10 days of mining (~$50 power costs).
Booya. I'm fucking rich.

https://i.imgur.com/VaOzh7C.gif

#

Quote from: HairyMaclairy on January 29, 2019, 03:02:58 AM

Climb the stairs or jump out the window.

Em, lobby please dear Sir Grin

Hype train is still running https://www.coingecko.com/en/coins/grin#panel

tranthidung

legendary

Activity: 2520

Merit: 4355

Farewell o_e_l_e_o

Quote from: HairyMaclairy on January 29, 2019, 04:41:36 AM

It looks similar to the chart of bitcoin before it suddenly dropped hard from $62xx to $41xx
Sometimes (it rarely happens), consolidations and triangle patterns lead to further drops.
I wish that it is not the case of Grincoin.

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

https://bitcointalk.org/index.php?topic=5090427.720

YW!

AWGTCOTCLT??? Grin

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

TLDW?

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: HairyMaclairy on January 29, 2019, 04:41:36 AM

You dont think the Monero forum might have a certain bias do you?

What on earth makes you say that? Roll Eyes

On Grin live yesterday, the highlight was that French fucker, explaining how/what to mine. Wink

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

You dont think the Monero forum might have a certain bias do you?

Starting to look like the window is the preferred option

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: infofront on January 28, 2019, 10:00:41 PM

I have my doubts about the long term prospects of Grin.

Quote from: Hueristic on January 28, 2019, 02:20:42 PM

Those hybrid FPGA's already?

Quote from: bones261 on January 28, 2019, 11:41:51 PM

LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? Cheesy

I'm guessing that either an FPGA sort, or Nicehash support, or a private miner (or all three) already exists.
A private Nicehash tweak, would be the easiest of the three, whilst building on ASICS & FPGA's.

Monero maybe wants to support their ASIC resistance argument. Or not. Wink

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Morning Grin lovers.

My concern is how much Grin to buy at the bottom.
I do love my BTC.
That said, Grin has contributed a little over 0.1BTC for roughly 10 days of mining (~$50 power costs).
Booya. I'm fucking rich.

#

Quote from: HairyMaclairy on January 29, 2019, 03:02:58 AM

Climb the stairs or jump out the window.

Em, lobby please dear Sir Grin

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Choose your own adventure. Climb the stairs or jump out the window.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Hueristic on January 29, 2019, 12:34:28 AM

Quote from: bones261 on January 29, 2019, 12:29:35 AM

Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.

I believe you are correct.

My main concern with the coin at the moment is the inflation. 1 coin per second seems a bit much. Unfortunately, I am only mining this with 1 single 1070, so I don't even have a coin, yet. Cry

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: bones261 on January 29, 2019, 12:29:35 AM

Quote from: Hueristic on January 29, 2019, 12:06:48 AM

Quote from: bones261 on January 28, 2019, 11:41:51 PM

Quote from: infofront on January 28, 2019, 10:00:41 PM

From the Monero Speculation Thread:

Quote from: dEBRUYNE on January 28, 2019, 12:21:32 PM

I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:

There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.

Privacy:

MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.

Scaling:

MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.

Usability:

Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.

Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.

I have my doubts about the long term prospects of Grin.

LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? Cheesy

I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for Huh

I'm not sure why actually.

Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.

I believe you are correct.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Hueristic on January 29, 2019, 12:06:48 AM

Quote from: bones261 on January 28, 2019, 11:41:51 PM

Quote from: infofront on January 28, 2019, 10:00:41 PM

From the Monero Speculation Thread:

Quote from: dEBRUYNE on January 28, 2019, 12:21:32 PM

I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:

There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.

Privacy:

MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.

Scaling:

MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.

Usability:

Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.

Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.

I have my doubts about the long term prospects of Grin.

LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? Cheesy

I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for Huh

I'm not sure why actually.

Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: bones261 on January 28, 2019, 11:41:51 PM

Quote from: infofront on January 28, 2019, 10:00:41 PM

From the Monero Speculation Thread:

Quote from: dEBRUYNE on January 28, 2019, 12:21:32 PM

I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:

There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.

Privacy:

MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.

Scaling:

MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.

Usability:

Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.

Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.

I have my doubts about the long term prospects of Grin.

LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? Cheesy

I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for Huh

I'm not sure why actually.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: infofront on January 28, 2019, 10:00:41 PM

From the Monero Speculation Thread:

Quote from: dEBRUYNE on January 28, 2019, 12:21:32 PM

I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:

There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.

Privacy:

MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.

Scaling:

MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.

Usability:

Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.

Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.

I have my doubts about the long term prospects of Grin.

LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? Cheesy

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

From the Monero Speculation Thread:

Quote from: dEBRUYNE on January 28, 2019, 12:21:32 PM

I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:

There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.

Privacy:

MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.

Scaling:

MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.

Usability:

Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.

Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.

I have my doubts about the long term prospects of Grin.

wheelz1200

legendary

Activity: 3836

Merit: 1419

It's going to be tough to keep the price this high with the coins being minted as fast as they are. Be an interesting watch over the next month to see if buying demand can keep up.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

HAH, coinmarketcap recommends crypto.com to buy grin and in order to buy it there you must

Quote

You'll need:

An email address
A phone number
One identification document

LOL

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

You never know. Beta squared. Chinese Dev's do work 25h a day Tongue

Need more samples.

Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 50. (Read 19814 times)