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Author Topic: GRIN and the battle of Yu-Gi-Oh!  (Read 98 times)
scanderpot (OP)
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January 16, 2019, 09:23:20 PM
 #1

Tangentiating the innovations of the crypto market, it seems we have a candidate for "new and improved bitcoin" of the year.

Probably in the next few days you will begin to see and read about something called Grin, a new criptomoeda that focuses on privacy and uses a whole new protocol, called MimbleWimble.

For me, these battles between protocols, to see the one who marginally can be better than the others, seem like an immense battle of Yu-Gi-Oh!

Every card that the player draws in the drawing is a little better than the one of the opponent, and this one, in turn, in his move, takes another better one. The cycle seems infinite.

In fact, it's a battle of egos among developers who want to prove to the world that their protocols created from scratch may be better than existing ones.

The best solution would be to contribute to something that is already running, and not start all over again. But no one controls innovation, and it follows a course of its own.

It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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elda34b
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January 17, 2019, 01:51:04 AM
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The best solution would be to contribute to something that is already running, and not start all over again. But no one controls innovation, and it follows a course of its own.

It is not always the case. Sometimes you need to build from scratch because what's available is not suitable for what you need/wanted. Grin is a great innovation imo, no ICO, no premine, community based development and so on.

But I do agree that sometimes there is no need to make two or more projects with the same protocols, purpose and weakness. In case of Grin, Beam is considered their main competitors afaik. This probably happens because the developers doesn't know each other, or they have different goals in mind, so they want to make their own network.

I personally like this "Yu-Gi-Oh" development, it produces competitive space in cryptocurrency. As long as nobody gets scammed, we should embrace competition and innovation.
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