So the developers have created such a project which 100k excavation is not noticeable. So, it is essential, and this demand increases every day. It would be better do research and find out why. Because with huge possiblity it might be a scam.
I think it is difficult to determine whether a project is a scam or not if there is no deeper investigation, indeed there should be research on the development of their projects and if it is proven to be a scam they should be jailed for fraud.
LOL what scam? What are you two talking about. It is opensource fair launched PoW coin. There is no company behind it. There was no crowdsale or ICO as in ETH. There is no one to get scammed here. Grin was made same way as Monero or Bitcoin. The only possible way to start money.
Well Febo you are a Monero veteran. Would you watch grin as a successor for XMR? There has been that ASIC desaster on Monero's ASIC-resistant mining algo, and now there are like three Monero forks on market.
I just saw a list of all cryptonote coins there are like 250.
https://docs.google.com/spreadsheets/d/1dCTTDFDCREyYXi9AMoBtOxWDQqkv9C55Zy-LMxnOD4E/edit#gid=0 Should that matter? There are few 1000 bitcoin forks. Does that makes Bitcoin any less needed?
I also dont know what you mean with ASIC desaster. Bitcoin is mined by ASICs for 6, 7, 8 years. I dont really know. It is not perfect it gave Bitman and some others way to much power. But that is reality. Monero comunity is here fighting companies as Bitman. Rare that dont only stay at words but actually do something.
No coin can be succession of Monero. Monero is fungible digital cash. Coin I want to earn for my salary and earn when I want to sell something. Since it is fungible it dont matter if those coins were once in past in hands of Donald Trump, Hilary Clinton, Jong Kim Un, Nicolas Maduro, Pope Francis or ... Since each of them will be exactly worth same as any another. Bitcoin is what I will use to pay my taxes. So I can trace fully what they do with my founds.
GRIN is not fungible. But lets give Grin project few years to first set all thing right and then develop it. It is not so simple fro open source projects that depends on voluntary developers and donations.