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Topic: What is Grin and Beam? And why so much hype here? (Read 255 times)

newbie
Activity: 1
Merit: 0
Grin can do two things that bitcoin can't, all while not imposing itself as a threat to bitcoin. The two things are....

1. Grin is not strictly limited. (grin's emission is 1 grin/sec for infinity, whereas bitcoin is limited to 21 million)
2. Private transactions by default.

Bitcoin is a digital store of value (it's a lot more than that but for simplicities sake) vs. grin which is a lightweight privacy focused e-cash. The two pair very well together, in that grin supplements bitcoin as an offramp for private transactions AND offers a constant supply of money to meet demand.

Personally as a long time bitcoin enthusiast, I'm pretty happy that there's another coin for me to love besides bitcoin. I can support grin without throwing bitcoin under the bus, and with grin I can guarantee myself private transactions without having to push for some big crazy change to the bitcoin protocol to allow for privacy by default. Segwit was hard enough (I have so many new grey hairs). Bottom line, grin is super cool, check it out.
member
Activity: 320
Merit: 17
free space pm if interessed
they are two altcoins that have a great potential in front of them, but there is also so much hype that surrounds them, if grin has the confidence of the forum and is accepted as a method of payment maybe i will invest a little on it
member
Activity: 243
Merit: 18
Some people have answered, but apparently the hype in GRIN is bigger because the adoption of big players behind the scenes, of course the inflation factor worries, have you seen the inflation chart of this coin? Either way, there is an eminent risk in proportion to gain. Always dyor if you have interest, see beyond this hype, do you intend to use GRIN or BEAM? If yes, why not buy? If you have financial or speculative interest, calculate the risks, be careful.

As the user said DYOR the mimblewimble protocol and Beam and Gring isn't 100% private it still has its flaws as other privacy coins look into it
member
Activity: 690
Merit: 12
There are consequences for every action
Hello, I have just heard a lot of hype about very new coins Grin and Beam. But I do not understand why.
Both coins should be anonymous cryptocurrencies, profitable for miners.
Have you heard something more?

Price Grin: https://www.coingecko.com/en/coins/grin
Price Beam: https://www.coingecko.com/en/coins/beam

If I am sure about grin token
Is that not the token that went from 50$ + last year to 3$ now ?

It did not live up to the hype but a good investment token
Dyor and choose judiciously
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
Grin is soo popular, the 24 hour volume was around 1.7 million USD (volume of some top 100 altcoins) and it is traded only on some smaller exchanges, imagine what will happen after Binance or Bitmex listing.
But, it is obvious that price is overestimated because it is very profitable to mine, I think that soon price will drop down to mining costs (1$?).
sr. member
Activity: 1246
Merit: 257
$100 M of vc $$
gets FOMO hype

Is there a premine or a ninjamine?

Reward=60 grin
Speed=60 sec

https://grinexplorer.net/block/000014227384821603ce36b4fbadb06df7d9345c09af2b5ee639ecf31ca7a004
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
Grin coins looks like a very interesting project with a brand new tech for better scalability and privacy,

but a better distribution is still needed, most average folks wont get into mining as its complicated and limited for some devices
As long as a coin have good feature then it will have some difficulty as well while getting,the price of Grin moving pretty much green after the hype created in our forum so just see where and how long it will go.
member
Activity: 225
Merit: 10
quarkchain.io
Grin coins looks like a very interesting project with a brand new tech for better scalability and privacy,

but a better distribution is still needed, most average folks wont get into mining as its complicated and limited for some devices
sr. member
Activity: 758
Merit: 250
Some people have answered, but apparently the hype in GRIN is bigger because the adoption of big players behind the scenes, of course the inflation factor worries, have you seen the inflation chart of this coin? Either way, there is an eminent risk in proportion to gain. Always dyor if you have interest, see beyond this hype, do you intend to use GRIN or BEAM? If yes, why not buy? If you have financial or speculative interest, calculate the risks, be careful.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
Grin seems to have launched its main net, but I'm not sure about that. In general, I probably read a little more about these projects.
hero member
Activity: 2996
Merit: 600
So that is why there is a lot hype, right? Wink
Yes but theymos said this;
I don't recommend buying or not buying grin.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
Grin is now accepted as the first altcoin for forum payment and the notice was given by theymos (forum admin) today,which is literally means the forum is trusting the Grin next to the bitcoin which is kind of advertisement.
So, I can pay for example for copper member with Grin?
Or for advertising on this forum?

So that is why there is a lot hype, right? Wink
Yes you can pay for copper membership and also for evil IP fee.This is statment given by theymos today.
Quote
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.

And also it will be accepted for the banner ad payment for more info : grin is now accepted for forum payments
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
Grin is now accepted as the first altcoin for forum payment and the notice was given by theymos (forum admin) today,which is literally means the forum is trusting the Grin next to the bitcoin which is kind of advertisement.
So, I can pay for example for copper member with Grin?
Or for advertising on this forum?

So that is why there is a lot hype, right? Wink
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
Grin is now accepted as the first altcoin for forum payment and the notice was given by theymos (forum admin) today,which is literally means the forum is trusting the Grin next to the bitcoin which is kind of advertisement.
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
Hello, I have just heard a lot of hype about very new coins Grin and Beam. But I do not understand why.
Both coins should be anonymous cryptocurrencies, profitable for miners.
Have you heard something more?

Price Grin: https://www.coingecko.com/en/coins/grin
Price Beam: https://www.coingecko.com/en/coins/beam
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