[ANN][GRS] Groestlcoin | 1st to activate Segwit & Taproot

[themikeymen001]

GRS future is looking so bright and nice, it even sometimes scares me how the world will change...

[themikeymen001]

Will price be 500 satoshi by the end of the year?

[themikeymen001]

What is IYO absolutely necessary for GRS to become better?

[Furio]

What is IYO absolutely necessary for GRS to become better?

An even distribution among users, but it's very difficult to create a concept doing that. For this to work the amount of GRS should be enough, like 10/20 euro's, to make people wanna investigate how to use and cash it.

[jackielove4u]

What is IYO absolutely necessary for GRS to become better?

An even distribution among users, but it's very difficult to create a concept doing that. For this to work the amount of GRS should be enough, like 10/20 euro's, to make people wanna investigate how to use and cash it.

Any good ideas how to distribute groestlcoins in The Netherlands?
I was thinking to give Psychoticboy coins to distribute them (for free) during Bitcoin wednesday: http://www.meetup.com/BitcoinWednesday/
But i am not sure if that would work..

[themikeymen001]

someone from, NLG responded to me to flyer in Amsterdam with some GRS on the flyer. I think the best Idea imo is when (Dutch) people install the core, or certain wallets, that they get automatically like 100 coins or so. That is what NLG (Guldencoin) also did, and it is a good way to get more people involved and more coins floated through the network. I proposed this like a year ago that it is important to get small parts to other users as well...

[jackielove4u]

someone from, NLG responded to me to flyer in Amsterdam with some GRS on the flyer. I think the best Idea imo is when (Dutch) people install the core, or certain wallets, that they get automatically like 100 coins or so. That is what NLG (Guldencoin) also did, and it is a good way to get more people involved and more coins floated through the network. I proposed this like a year ago that it is important to get small parts to other users as well...

The idea of NLG was great but people abused the system and the campaign was stopped:

https://bitcointalk.org/index.php?topic=554412.msg12004096#msg12004096

[themikeymen001]

I guess it is in human nature that people are not trustworthy.

[Furio]

someone from, NLG responded to me to flyer in Amsterdam with some GRS on the flyer. I think the best Idea imo is when (Dutch) people install the core, or certain wallets, that they get automatically like 100 coins or so. That is what NLG (Guldencoin) also did, and it is a good way to get more people involved and more coins floated through the network. I proposed this like a year ago that it is important to get small parts to other users as well...

The idea of NLG was great but people abused the system and the campaign was stopped:

https://bitcointalk.org/index.php?topic=554412.msg12004096#msg12004096

The problem is that 100 guldencoin is NOTHING, we have to much in the netherlands to be claiming 100 nlg´s, which is a few cents at most...

[themikeymen001]

imo its not about the value; otherwise they dump, but that people get familiar with your coin.

[themikeymen001]

Rate our core in this topic?! What do you think about it?

[themikeymen001]

GRS is a stable altcoin based on natural growth focussed on; technology, not a bubble. While you see others come and go, GRS builds and keeps building to become the standard. Many other coins go through the roof, fall down and disappear with no plans for the future. GRS is aware that the blockchain technology is what the Internet was many years ago. Altcoins are just the first form of appearing. We as GRS think and build the future. That is why our core is the best in the world, and that is why we can adapt with the speed of light. No hyped crap, we are GRS, we are the future, we work on the biggest  revolution. After the Industrial Revolution; this is the Blockchain-GRS revolution we shape it; and we put the lives of mankind in a whole new perspective. For me and others from GRS, this is bigger than family, friends and work. Realize this: we change the world, work together and claim your position in history like: Einstein, Plato, Kennedy and others already did.

[themikeymen001]

Hereby the first version of the GROESTLCOIN BLOCKCHAIN GREY PAPER.

GROESTLCOIN BLOCKCHAIN GREY PAPER 0.0.1
This grey paper is to sketch the ideal technical future for Groestlcoin.

Blockchain
The blockchain should have the function of central point for different chains and functions. Side chains should enforce the quality and possibilities of the blockchain and make the chain more flexible in adding future implementations. See it as the sun in our solar system where other planets and material move around. They are related and keep the system together but have their own place in space with their functions. The most beautiful planet of all: Earth is not in the centre and that is what GRS should be, give other planets/chains the chance to flourish. But always related with the GRS GOD CHAIN. To implement future technology we need to be bendable to keep our existence maintained and there is one centre point why it exist: THE GRS GOD BLOCKCHAIN. How likely is what is invented now; the best thing that ever exist? Extremely unlikely ; therefore, the GRS GOD CHAIN should work as a centre point of everything were all (side)chains could float around.

Decentralization, Efficiency and Security
Decentralization and efficiency of the chain(s) are necessary to secure the highest security. This is intertwined and can not be seen seperately. Higher decentralization and efficiency should be part of the chain or sidechains; this makes sure that the highest security is guaranteed.

Knowing it all
100% transparency is lethal for anything. Therefore implementations like , Zero Knowledge Proof, and other constructions to balance security and giving unnecessary information should always gravitates to balance security. Unnecessary transparency weakens the system and the blockchain.

Destroying function
The advantages of a destroying function per transactions are huge. There are many incentives to increase the value and security of the system. Side chains give us a key function: flexibility.
Example: For regular transactions a fee is required. If there is a side chain with music rights, real estate or any real life goods, the function can be switched off, or be send to the GOD BLOCKCHAIN were a tiny fraction will be destroyed.
Other goods/values
It should always be possible to send as many different goods/assets/currencies through the GRS NETWORK in the most efficient, decentralized and secured way.

[themikeymen001]

Zero-knowledge proofs are probabilistic and interactive proofs that efficiently demonstrate membership in the language without conveying any additional knowledge. The wide applicability of zero-knowledge was demonstrated in Proofs that Yield Nothing But their Validity or All Languages in NP have Zero-Knowledge Proofs, coauthored by Goldreich, Micali and Wigderson [JACM, July 1991]. In particular:

It is shown that Graph Isomorphism and Graph Non-Isomorphism have (perfect) zero-knowledge proof systems.
All previously known zero-knowledge proofs were for sets related to number theory, and furthermore GNI was the first set not known to be in NP that was shown to have an interactive proof system.
Assuming the existence of one-way functions, it is shown that every language in NP has a zero-knowledge proof system.
Only few sets were known before to have zero-knowledge proofs and so the utility of zero-knowledge was previously restricted to some special cases. In contrast, this result asserts that zero-knowledge exist for any statement having an NP-proof. The dramatic effect of this result on the design of cryptographic protocols is demonstrated in another paper of the same authors; see webpage on How to Solve any Multi-Party Protocol Problem.

[themikeymen001]

TO THE DEVS: WHEN ARE WE GOING TO START???


http://uk.businessinsider.com/peer-to-peer-lending-how-digital-lending-marketplaces-are-disrupting-the-predominant-banking-model-2015-05?utm_source=taboola&utm_medium=cpc&utm_content=taboola&utm_campaign=taboolaMain&utm_term=coindesk?r=US&IR=T

and read this for general understanding of the economic/payment benefits

http://www.businessinsider.com/bitcoin-solves-two-of-merchants-biggest-problems-when-it-comes-to-payments-2014-7?IR=T

[themikeymen001]

GRS is slowly moving up as expected combined with a comeback of BTC prices are rising.

GRS challenge: How be more independent from others; How to implement BTC advantages better in our technology and community.

[themikeymen001]

What do you think of the feedback of a highly respected member to improve on decentralization:

For better decentralization, pools and miners should switch to getblocktemplate - Stratum is awful.

The difference is, with Stratum, the miner knows nothing about what they're mining. AT ALL. The pool could be attacking the network, and the miner could be helping them, and have no idea. My way decentralizes block generation again, as well as having the ability to decentralize transaction processing - even if a pool had 100% of network hash, they STILL couldn't refuse to process some transactions, nor attack the network without people knowing.

This feedback is from our highly respected member Wolf0,

WHAT DO YOU THINK.......?

[themikeymen001]

FEEDBACK:

I think more uses of course, gambling, maybe poker, or some other kind of head-to-head gambling site/app.

[jackielove4u]

I worked on the issue of no one being able to solo mine with GPU anymore using the new wallet (old and crappy Getwork was removed, replaced by GBT) - I've got it half-working. Proof is in the coinbase transaction of block 747506, shown here: https://chainz.cryptoid.info/grs/tx.dws?afc10aa7947a1181225e743529ad11db4abb5d40cc7214abda13570feafaf368.htm -- under Raw Transaction, you'll see that it was obviously me who mined it

Every blockversion 3 solo mined is you i think
Did you worked on the latest cgminer (would explain the coinbase as tekst) and worked from there? Or did you worked from the latest sgminer?

[jackielove4u]

What do you think of the feedback of a highly respected member to improve on decentralization:

For better decentralization, pools and miners should switch to getblocktemplate - Stratum is awful.

The difference is, with Stratum, the miner knows nothing about what they're mining. AT ALL. The pool could be attacking the network, and the miner could be helping them, and have no idea. My way decentralizes block generation again, as well as having the ability to decentralize transaction processing - even if a pool had 100% of network hash, they STILL couldn't refuse to process some transactions, nor attack the network without people knowing.

This feedback is from our highly respected member Wolf0,

WHAT DO YOU THINK.......?

coming anything from Wolf0 is hard to disagree. Wolf0 knows his stuff!