/biz/ - Business & Finance

>>12539705
goodfriend.io

>>12539705
Kek
Kys

Inflation shitcoin

Money sinkhole for noobs who think they are buying a cheap coin expecting to make money - but never will.

I want robot gf now
Give me

The best coin to mine rn.
Dumped this shitcoin since day1 onto fomoing brainlets

>>12539705
Grin is the first major implementation of of a scaleable privacy token
The idea was dropped on a bitcoin devs chat from an anoymous source calling it "mimble wimble"
Maybe in the future bitcoin will have a mimble wimble sidechain

Grin was fairly launched no premine but it gets criticism becsuse the rewards are constant forever this means it'll take several years for the inflation percentage to become reasonable

>>12539705
Its your next mineable pump and dump . Miners that mined earliest/ first with huge bags to dump on you poor senpais ... 0xbtc , raven, now grin .

>>12540005
Thanks, I remember hearing about mimble wimble.
This URL explained things pretty well:
https://www.mycryptopedia.com/mimblewimble-explained/

Anyone know if any exchange support Grin btw? Or does it exist in a vacuum without much purpose atm?

Fucking pre-mined shit-coin

> lets take mimble wimble
> apply some PoW noone else does
> wait apply one more PoW
> now add some weight to the PoW
> oh shit, still cant pre-mine it all
> lets add static inflation
> now the first weeks of mining gets 99% of supply for next 5 years

can you guess who is mining the most profitably these first weeks?

not you, you future bagholder.

>>12540005
>First major implementation of a scalable privacy token

So you never heard of Monero eh? You Btc maximalists are honestly no different from Bch shills at this point - just ignore all other developments in the space and claim a win.

>>12542202
You monero shills cant grasp the limits of your chains scalability so you go and shit up threads and act like butthurt faggots

>>12542202
monero doesn't scale.

that being said , grin is a scam

observations about GRIN: (from someone else)
ricToday at 21:34
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.
####
so if indeed it is pay to IP address... then it seems quite an adoption issue. how to people with dynamic IP use this? and indeed what about MITM attacks, or all the NAT home isp where the user might not even have an external ip address?

>>12541515
>can you guess who is mining the most profitably these first weeks?
Roger Ver!

>>12542344
is Grin unironically a NSA honey pot ? If it uses the https service it would be trivial for the NSA to crack since the ecliptic curve encryption most Windows encryption services use as default uses a set of source numbers that are likely to be known and implemented by the NSA.

>>12539705
https://www.youtube.com/watch?v=b0fylndqWuk

>>12539705
The Bilderberg bastards running Blockstream (and BTC) into the ground finally admitted that they've destroyed Bitcoin, and are now getting the herd animals to forget about the failed Lightning project by dangling a shiny new Grin Coin into their faces, promising "Privacy" with a hard-to-use but still potentially very interesting crypto. Let's see how it turns out, we may be able to use this one against them.

>>12542550
That was beautiful.