Hueristic
Legendary
Offline
Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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January 28, 2019, 07:20:42 PM |
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Those hybrid FPGA's already?
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Cryptotourist
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January 28, 2019, 07:28:16 PM |
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You never know. Beta squared. Chinese Dev's do work 25h a day Need more samples.
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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Hueristic
Legendary
Offline
Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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January 28, 2019, 07:45:44 PM |
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HAH, coinmarketcap recommends crypto.com to buy grin and in order to buy it there you must You'll need:
An email address A phone number One identification document
LOL
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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wheelz1200
Legendary
Offline
Activity: 3710
Merit: 1409
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January 28, 2019, 09:35:35 PM |
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It's going to be tough to keep the price this high with the coins being minted as fast as they are. Be an interesting watch over the next month to see if buying demand can keep up.
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infofront
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
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January 29, 2019, 03:00:41 AM |
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From the Monero Speculation Thread: I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:
There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.
Privacy:
MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.
Scaling:
MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.
Usability:
Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.
Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.
I have my doubts about the long term prospects of Grin.
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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January 29, 2019, 04:41:51 AM |
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From the Monero Speculation Thread: I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:
There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.
Privacy:
MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.
Scaling:
MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.
Usability:
Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.
Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.
I have my doubts about the long term prospects of Grin. LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain?
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Hueristic
Legendary
Offline
Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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January 29, 2019, 05:06:48 AM |
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From the Monero Speculation Thread: I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:
There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.
Privacy:
MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.
Scaling:
MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.
Usability:
Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.
Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.
I have my doubts about the long term prospects of Grin. LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for I'm not sure why actually.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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From the Monero Speculation Thread: I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:
There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.
Privacy:
MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.
Scaling:
MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.
Usability:
Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.
Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.
I have my doubts about the long term prospects of Grin. LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for I'm not sure why actually. Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.
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Hueristic
Legendary
Offline
Activity: 3906
Merit: 5241
Doomed to see the future and unable to prevent it
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January 29, 2019, 05:34:28 AM |
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From the Monero Speculation Thread: I posted a brief Grin (MimbleWimble) versus Monero comparison on Reddit yesterday:
There are a few aspects on which one can compare Monero and Grin, I'll discuss several of them.
Privacy:
MimbleWimble is essentially Monero minus ring signatures. As a result, an active observer is able to draw a transaction graph and easily trace outputs.
Scaling:
MimbleWimble's scaling is often praised significantly. However, in comparison to a pruned Monero chain it is not significant in my opinion. In Monero, a pruned node has to basically retain the transaction output set plus the key images, whereas in Grin the node essentially prunes automatically and merely retains the unspent transaction output set. Note that, in Monero, an unspent transaction output set does not exist, because an observer cannot reasonably determine which outputs are spent.
Usability:
Grin is interactive, which, in a nutshell, means that both the sender and the recipient have to be online to properly send transaction. As a result, cold storage is, as far as I know, not viable currently.
Lastly, note that Tari, a MimbleWimble implementation, is planned to be added to Monero as side-chain.
I have my doubts about the long term prospects of Grin. LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? I don't think anyone is saying its shitty, there are just trade offs to different approaches. I'm sure grin will address the issues where it currently lacks as XMR is apparently adding it as a sidechain for I'm not sure why actually. Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node. I believe you are correct.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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January 29, 2019, 05:39:55 AM |
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Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.
I believe you are correct. My main concern with the coin at the moment is the inflation. 1 coin per second seems a bit much. Unfortunately, I am only mining this with 1 single 1070, so I don't even have a coin, yet.
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HairyMaclairy (OP)
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 29, 2019, 08:02:58 AM |
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Choose your own adventure. Climb the stairs or jump out the window.
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Cryptotourist
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January 29, 2019, 08:08:12 AM |
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Morning Grin lovers. My concern is how much Grin to buy at the bottom. I do love my BTC. That said, Grin has contributed a little over 0.1 BTC for roughly 10 days of mining (~$50 power costs). Booya. I'm fucking rich. # Climb the stairs or jump out the window.
Em, lobby please dear Sir
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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Cryptotourist
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January 29, 2019, 09:02:53 AM |
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I have my doubts about the long term prospects of Grin.
Those hybrid FPGA's already?
LOL, if Mimblewimble is so shitty, why is Fluffy Poni planning on using it on a sidechain? I'm guessing that either an FPGA sort, or Nicehash support, or a private miner (or all three) already exists. A private Nicehash tweak, would be the easiest of the three, whilst building on ASICS & FPGA's. Monero maybe wants to support their ASIC resistance argument. Or not.
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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HairyMaclairy (OP)
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 29, 2019, 09:41:36 AM |
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You dont think the Monero forum might have a certain bias do you? Starting to look like the window is the preferred option
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Cryptotourist
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January 29, 2019, 09:55:16 AM |
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You dont think the Monero forum might have a certain bias do you?
What on earth makes you say that? On Grin live yesterday, the highlight was that French fucker, explaining how/what to mine.
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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HairyMaclairy (OP)
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 29, 2019, 10:02:34 AM |
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TLDW?
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Cryptotourist
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January 29, 2019, 10:09:13 AM |
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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tranthidung
Legendary
Offline
Activity: 2366
Merit: 4157
Farewell o_e_l_e_o
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January 29, 2019, 01:09:53 PM |
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It looks similar to the chart of bitcoin before it suddenly dropped hard from $62xx to $41xx Sometimes (it rarely happens), consolidations and triangle patterns lead to further drops. I wish that it is not the case of Grincoin.
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consideritdone
Newbie
Offline
Activity: 602
Merit: 0
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January 29, 2019, 03:34:22 PM |
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Morning Grin lovers. My concern is how much Grin to buy at the bottom. I do love my BTC. That said, Grin has contributed a little over 0.1 BTC for roughly 10 days of mining (~$50 power costs). Booya. I'm fucking rich. https://i.imgur.com/VaOzh7C.gif# Climb the stairs or jump out the window.
Em, lobby please dear Sir Hype train is still running https://www.coingecko.com/en/coins/grin#panel
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infofront
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
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January 29, 2019, 10:22:35 PM |
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You dont think the Monero forum might have a certain bias do you?
OFC, but another perspective is useful. Coin-specific threads end up becoming circle jerks (Monero thread included).
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