grin is now accepted for forum payments

[UserU]

What kind of software is required to mine it?

Anybody give me noob instructions?

Here's a detailed guide from Medium, have a look.

You'd need Grin Gold Miner and some dependiy file(s).

[1714092749]

1714092749

[1714092749]

1714092749

[1714092749]

1714092749

[stompix]

I don't know but I guess that the rate for grin is a fixed one, at

Code:

0.00675676 BTC via grin, send 2.252253333 grin

At the rate, theymos accepted higher rate than real-time price of Grin on exchanges at the moment.

As I was saying

To get a forum credit of 0.00208333 BTC via grin, send 0.694443333 grin

7$ vs 3.7$

By the time the friday price increase comes, you might buy a membership with a few cents

0.00675676  BTC  ~  23.5$
2.252253333    (grin, lol)    ~  5$

Buying now a membership with grin is cheaper than buying it with BTC before the price increase

[theymos]

I don't know but I guess that the rate for grin is a fixed one, at

Code:

0.00675676 BTC via grin, send 2.252253333 grin

The prices and ratios in the forum's automatic payment handling are not permanent, but I only update them manually from time to time.

[mdayonliner]

We are in a forum where we are suppose to support bitcoin. Everything we do to promote bitcoin but when a character like theymos indirectly publicly vouch for something else then it will create a mess for sure.

Satoshi created Bitcoin and this forum in order to change the world, not to create a "Cult of BTC". In fact, Satoshi recommended creating Namecoin, the first altcoin. (Though Namecoin ended up being one of the bolt-stuff-onto-cloned-Bitcoin systems that I've never really respected.) I'm not going to start jumping on every alt bandwagon and treating every cryptocurrency as just as good as any other, nor do I believe that grin is currently anywhere close to BTC in terms of overall utility. But grin has true merit, and if you're interested in Bitcoin for the same reasons that Satoshi created it (freedom, privacy, and interesting tech), then grin is worthy of acknowledgement.

Honestly speaking I never heard of grin hence I never looked at the technology, so to be honest I do not have much technical knowledge about the coin either.

I did not mean "Cult of BTC". Excuse me If I gave you the wrong impression.

The point for me was - you are a brand ambassador of bitcoin (I am not saying bitcoin depends on you or depends on the forum. The legacy of bitcoin is enough to move alone as long as normal people accept it). When you step into something in this forum the entire community here give attention. Instead of talking about grin or anything else can we not inspire bitcoin developers?

Let's say grin has the best technology in the world, does that mean we all forget about bitcoin and move to grin? Sorry theymos may be I am not making sense. Think about Apple and Microsoft. They both believe in their own products and do everything to make their one THE BEST.

Anyway, it's your forum, satoshi trusted you with this forum. So, you do what you think is the best for the forum. But I guess you need to hear the community. I don't think many people here supported this new addition (I could be wrong by the way).

0.00675676  BTC  ~  23.5$
2.252253333    (grin, lol)    ~  5$

Buying now a membership with grin is cheaper than buying it with BTC before the price increase

Well it's called offer LOL Take it!

[earlygrinminer]

Very cool to see this support. I also like the implementation. Well done theymos.

Time to get and share around some ᵹ.

I'm a Bitcoiner who likes the idea of BTC and GRIN in synergy.

[chek2fire]

as Adam Back says and Bitcoin dont have addresses in the first versions and the transaction between Hal Finney and Satoshi was p2p

https://twitter.com/adam3us/status/1087013943330172930

of course there is a flaw to your anonymity and security when someone use such a system. Adam Back reply the reason why Bitcoin add Bitcoin addresses

not very good:
- recipient has to be online (vs send to address recipient offline)
- IP address could change (many ISPs dynamic IP)
- recipient could have firewall or NAT (unreachable)
- TCP hijack could send funds to someone else (intercept/reroute)
- as no authentication

https://twitter.com/adam3us/status/1087151635510583296

Grin blockchain system demand from wallets to receive tokens to be in listen mode with an open port to your system and to expose your ip.
There and a much worst grin wallet from grin the wallet713 that your transaction relay from central servers....

 

  The relay does not store data. grinbox does not store any data on completed transactions by design, but it would be possible for the relay to do so and as a result build a graph of meta-data activity between grinbox addresses.
    Your IP is your responsibility. When you communicate with the grinbox relay service, you are exposing your IP to the relay. You can obfuscate your real IP address using services such as a VPN and/or TOR or i2p.

lol

For the history it seems tokens based to mimblewimble are both crap and a very bad implementations. Today beam the other mimblewimble project stuck at at block 25079.

https://twitter.com/beamprivacy/status/1087294277531635713

Guys both of them are just shitcoins as any other shitcoin out there.

[LennySands]

Grin blockchain system demand from wallets to receive tokens to be in listen mode with an open port to your system and to expose your ip.
There and a much worst grin wallet from grin the wallet713 that your transaction relay from central servers....

Grin certainly does not demand to send tokens via http and the method is altogether discouraged, it is only there for user convenience. The default method is via file exchange where you can choose yourself how to exchange files (also does not require anyone to be online or listening). You can also do the exchange via the keybase plugin and anyone is free to implement plugins for any communication method they like (Signal, email etc) via the exposed wallet interface.

[Mrpumperitis]

Are you Grin mining?....
Mine Zilliqa at the same time....
Zilliqa ...Blockchain 3.0 , over 2800tps on pow with sharding.

https://blog.zilliqa.com/zilliqa-project-update-26-final-testing-before-mainnet-launch-75bf27cbc186


Remote/Dual Mining 
 PoW window is only 1 min per 2–3 hours (for 1 DS Epoch), dual mining is a logical choice for all miners to partake in, i.e., 99% uptime for mining ETH/GRIN, and 1% uptime for mining ZIL.
Therefore if you wish to setup the dual mining processes, you can simply run both Zilminer and ethminer software concurrently on your GPU rigs. However, do note that if you with to mine ZIL and ETH concurrently, your GPUs must have a vRAM of > 4GB in order to accommodate both ZIL’s DAG size (~1.02GB) and ETH’s DAG size (~2.84GB).

[DutchDemon]

Can Grin be used to pay for forum ads as well?

[theymos]

Can Grin be used to pay for forum ads as well?

Probably, but we'd negotiate a rate. You can't rely on the automatic-forum-payments rate for this.

[jeffthebaker]

I guess the argument is technically sound that Grin is different from most other altcoins... although there are plenty of shitcoins with the same backwards metrics that make the coin fundamentally moronic.

Theymos, for someone who touts the importance of decentralization above all else, your level of hypocrisy by allowing yourself to play such a central role in the crypto community simply because you were the first to jump major discussion mediums is quite astounding.

Take a look at the interesting and worthwhile developments of the past 5 years, and not just the few your buddies throw their weight behind.

We've built blockchains that are interoperable, language agnostic, free to use, highly scalable, highly secure (in some instances- more secure than Bitcoin)... the list goes on. Some of these are unpolished, like Grin (which you concede), but others are running as well oiled machines. Is there any argument behind your point of view besides ignorance of how the space has changed in the latter half of the decade? "I'm Theymos so I am right" only works so many times.

[theymos]

Theymos, for someone who touts the importance of decentralization above all else, your level of hypocrisy by allowing yourself to play such a central role in the crypto community simply because you were the first to jump major discussion mediums is quite astounding.

Take a look at the interesting and worthwhile developments of the past 5 years, and not just the few your buddies throw their weight behind.

We've built blockchains that are interoperable, language agnostic, free to use, highly scalable, highly secure (in some instances- more secure than Bitcoin)... the list goes on. Some of these are unpolished, like Grin (which you concede), but others are running as well oiled machines. Is there any argument behind your point of view besides ignorance of how the space has changed in the latter half of the decade? "I'm Theymos so I am right" only works so many times.

You seem to have mistaken me for some sort of politician. If anyone interprets anything I say/do as "I'm theymos so I'm right," then they have totally misunderstood me. I'm very interested in grin on a technical level (not so much for investment), and I didn't see any harm in supporting it, so I spent a few hours adding it to the forum. I'm not trying to make any grand statement here. If grin ends up failing completely, then that will not be too surprising.

Occasionally in other cases I might have an attitude of, "I'm doing it this way because I'm convinced that I'm right. If I'm wrong, show me." If you disagree with my view that all but a few altcoins are based 95-100% on marketing, with only very half-baked actual features/ideas, then that's fine; I won't stop you. Use one or more of those altcoins to build interesting things, and I will be happy to see the ecosystem usefully expand in surprising ways.

[lobcmt2]

bad decision imo. Grin is another pure shitcoin. Nothing special.

I don't think that me or someone else can change your stance on Grin coin, but I think you should spend a couple of mins to watch the following video:
Roger Ver on Bear Market, Bitcoin SV Hash War, Running a Dash Node and Increasing Adoption
if you don't have to much time, watch directly at the 14 min 15 second timepoint. They mentioned about Grin coin.

[TheNewAnon135246]

Since the inflation rate is so high in the first ~year, I think it will probably go even lower, probably under $1, and I'd expect the price chart of the first year to be a general downward trend. Again, I don't particularly recommend buying this stuff, and I myself am not going to be buying large amounts soon. But if it survives for several years and ends up competing effectively with other coins on scaling and privacy, then the inflation rate starts becoming reasonable even despite its unlimited supply (see my comment here), and we could at that point see an upward price trend. Even at $1 it'd be an extremely risky investment, but in any case it's an extremely interesting piece of tech.

I agree. I'm closely following the Grin development and will pick up a bag at some point. Mimblewimble is interesting tech. I'll just wait until the price stabilizes a bit first.

[erikoy]

This will create hype for this Grin project. BTW, had this project doing bounty campaigns? I don't see any thread regarding with this project though many users here pointing out the goodness of this project. But sorry to say, I am not getting most of it. I have read theymos posts and its content which talks about the grin as a wallet and another opportunity to mine using the platform I guess. Hmmm....Business as Usual.

[jeffthebaker]

Theymos, for someone who touts the importance of decentralization above all else, your level of hypocrisy by allowing yourself to play such a central role in the crypto community simply because you were the first to jump major discussion mediums is quite astounding.

Take a look at the interesting and worthwhile developments of the past 5 years, and not just the few your buddies throw their weight behind.

We've built blockchains that are interoperable, language agnostic, free to use, highly scalable, highly secure (in some instances- more secure than Bitcoin)... the list goes on. Some of these are unpolished, like Grin (which you concede), but others are running as well oiled machines. Is there any argument behind your point of view besides ignorance of how the space has changed in the latter half of the decade? "I'm Theymos so I am right" only works so many times.

Occasionally in other cases I might have an attitude of, "I'm doing it this way because I'm convinced that I'm right. If I'm wrong, show me."

That's the core of the problem. You run the two largest communities in the space. Allowing yourself to unilaterally make decisions on behalf of these communities is a MASSIVE point of centralization that I don't think you would be fine with if the person running the show wasn't you. We saw Grin jump from $3 to over $200 on this announcement. I understand you may not have made this decision to influence the price of the coin, but the reaction is inevitable. What if you are wrong about Grin or you threw your support by some other project that turned out to be a scam? If someone needs to first show you that you made a wrong call and threw the weight of Bitcointalk and /r/bitcoin behind that call, it's already too late.

[Chris!]

We saw Grin jump from $3 to over $200 on this announcement.

Incorrect. A couple of coins exchanged for extremely small amounts of money (I'm talking $20.00 worth of bitcoins for some grin at ridiculous prices) doesn't mean you or I could have actually sold at $200. Maybe one person sold 0.1 grin for that price. Great for them. Also, even if there was significantly more volume, on day 2 (after the 1440 block waiting period for coinbase transactions) the price would have ended up tanking just the same. Btw, the price started at $200 and dropped like a rock. Where are you seeing a pump from $3.00 to $200.00?

The grin community was already aware that Theymos liked it because of his post in the ANN thread. The technology is amazing. I'd suggest doing a little research. It's not bitcoin with a fancy hat and a new name, it's a brand new coin with brand new untested tech. Even if this impliment fails I think mimblewimble is here to stay (even if not in this exact form). Saying that this announcement somehow caused hype is hilarious. Why wouldn't the other post cause this amazing hype?

Lastly, how many grin do you really think bitcointalk has gotten from this so far? I doubt it's creating the amount of hype that you're talking about. I'm all for a 6666.66% pump, but it's not going to happen because Theymos decided to accept grin for copper membership etc. You and I both know that.

If he's wrong about grin I guess you're going to start a lawsuit right? That's the only sensible thing to do. /s

[coingecko]

We're watching the Grin space too!

For those who want to know about sending and receiving Grin Tokens we've come up with a simple Guide to get you started at https://www.coingecko.com/buzz/how-to-use-grin-wallet-to-send-receive-grin-coins?locale=en

We're looking forward to testing Grin payment with BTCitcoinTalk.

[jeffthebaker]

We saw Grin jump from $3 to over $200 on this announcement.

Incorrect. A couple of coins exchanged for extremely small amounts of money (I'm talking $20.00 worth of bitcoins for some grin at ridiculous prices) doesn't mean you or I could have actually sold at $200. Maybe one person sold 0.1 grin for that price. Great for them. Also, even if there was significantly more volume, on day 2 (after the 1440 block waiting period for coinbase transactions) the price would have ended up tanking just the same. Btw, the price started at $200 and dropped like a rock. Where are you seeing a pump from $3.00 to $200.00?

The grin community was already aware that Theymos liked it because of his post in the ANN thread. The technology is amazing. I'd suggest doing a little research. It's not bitcoin with a fancy hat and a new name, it's a brand new coin with brand new untested tech. Even if this impliment fails I think mimblewimble is here to stay (even if not in this exact form). Saying that this announcement somehow caused hype is hilarious. Why wouldn't the other post cause this amazing hype?

Lastly, how many grin do you really think bitcointalk has gotten from this so far? I doubt it's creating the amount of hype that you're talking about. I'm all for a 6666.66% pump, but it's not going to happen because Theymos decided to accept grin for copper membership etc. You and I both know that.

If he's wrong about grin I guess you're going to start a lawsuit right? That's the only sensible thing to do. /s

The actual "pump and dump" might be overstated by the graphs, but where would it be trading without the announcement? Probably not at $4. Do you seriously think that an announcement from the largest and longest standing crypto community that they are, for the first time, supporting an altcoin for payments isn't a big deal?

I've actually taken some time to research Grin and have been familiar with MimbleWimble. MimbleWimble is cool and different: a lot of the other peculiarities are garbage. I mentioned this in the ann thread, but it makes no fundamental sense why a pure privacy coin should have an infinite supply. That debate is neither here nor there.

The sentiment that "every altcoin is a Bitcoin clone but this one!!" is complete garbage. Sure, 99% of altcoins are garbage, but that 1% still accounts for dozens of new and unique projects. The idea that new tech means it's worthwhile is silly as well. What about EOS? Really a joke of a project, but fits the fundamentals shared by Theymos and others as being worthwhile and different. It's built from the ground up, uses a system of governance and delegation, and redistributes the burden of use of the network. This is all quite different from Bitcoin. Why not add EOS as well?

Saying everything is stupid and a clone is a massive oversight of the development in the space for the past few years. That sentiment was valid until 2013~.

[Chris!]

We saw Grin jump from $3 to over $200 on this announcement.

Incorrect. A couple of coins exchanged for extremely small amounts of money (I'm talking $20.00 worth of bitcoins for some grin at ridiculous prices) doesn't mean you or I could have actually sold at $200. Maybe one person sold 0.1 grin for that price. Great for them. Also, even if there was significantly more volume, on day 2 (after the 1440 block waiting period for coinbase transactions) the price would have ended up tanking just the same. Btw, the price started at $200 and dropped like a rock. Where are you seeing a pump from $3.00 to $200.00?

The grin community was already aware that Theymos liked it because of his post in the ANN thread. The technology is amazing. I'd suggest doing a little research. It's not bitcoin with a fancy hat and a new name, it's a brand new coin with brand new untested tech. Even if this impliment fails I think mimblewimble is here to stay (even if not in this exact form). Saying that this announcement somehow caused hype is hilarious. Why wouldn't the other post cause this amazing hype?

Lastly, how many grin do you really think bitcointalk has gotten from this so far? I doubt it's creating the amount of hype that you're talking about. I'm all for a 6666.66% pump, but it's not going to happen because Theymos decided to accept grin for copper membership etc. You and I both know that.

If he's wrong about grin I guess you're going to start a lawsuit right? That's the only sensible thing to do. /s

The actual "pump and dump" might be overstated by the graphs, but where would it be trading without the announcement? Probably not at $4. Do you seriously think that an announcement from the largest and longest standing crypto community that they are, for the first time, supporting an altcoin for payments isn't a big deal?

I've actually taken some time to research Grin and have been familiar with MimbleWimble. MimbleWimble is cool and different: a lot of the other peculiarities are garbage. I mentioned this in the ann thread, but it makes no fundamental sense why a pure privacy coin should have an infinite supply. That debate is neither here nor there.

The sentiment that "every altcoin is a Bitcoin clone but this one!!" is complete garbage. Sure, 99% of altcoins are garbage, but that 1% still accounts for dozens of new and unique projects. The idea that new tech means it's worthwhile is silly as well. What about EOS? Really a joke of a project, but fits the fundamentals shared by Theymos and others as being worthwhile and different. It's built from the ground up, uses a system of governance and delegation, and redistributes the burden of use of the network. This is all quite different from Bitcoin. Why not add EOS as well?

Saying everything is stupid and a clone is a massive oversight of the development in the space for the past few years. That sentiment was valid until 2013~.

I feel like the price will continue going down slowly over time so it doesn't really matter if it's $1, $5 or $10 today. I'm not that short sighted.

EOS is basically Ripple with smart contracts. It's the complete and total opposite type of governance than any cypherpunk project. Not exactly your best argument. On-chain Censorship isn't a feature and if EOS was accepted here I'd be extremely concerned.

Forking Bitcoin and making it more private, more fungible, adding smart contracts, asset layers - whatever it may be, they all basically function the same way. Sure there are little wins  here and there, but they can easily be added to Bitcoin if they're a viable soution. Mimblewimble is fundamentally different and will be interesting to watch in the future. Grin's devs thought of the most fair way to launch the coin and the most fair way to distribute them. Do I agree with the infinite supply? Hell no. But it sounds like a 9/10 for me vs. beam which is 1/10 (mimblewimble). It's all an experiment, but I'd rather be part of this experiment than some half-baked idea that's just taking the old tech and slapping someone on it. It's boring, it's uncreative and it's not going to wow anyone. Mimblewimble (and thus grin) wows me. Apparently it also wows Theymos and lots of others in the community.

You don't have to like it, but it's already happened so you do need to get over it.