On today’s episode of The Cryptoverse…
The launch of the Grin blockchain is yet another example of how the builders are continuing to build despite the crypto bear market.
Now that Grin has been live for more than a week it’s time for me to present an introduction to this new mimblewimble based blockchain.
Fun fact… https://grin-tech.org/
The Grin symbol is an emoji with the letters M W for eyes.
A nod to mimblewimble hiding in plain sight.
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#Grin #Mimblewimble #Blockchain
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I’m now much more knowledgeable about MW, grin and beam and I don’t feel sold to. Thank you for that.
Thanks Chris, what a great and very informative dtube about Grin and MW. Also good advice at the conclusion. And as an info today I was able to see straigth from dtube, hope it gets better and better over time this dtube! ...
The tech sounds great and I can see an extensive hardcore of users but I think the lack of user friendly GUI can only limit it's appeal to a wider user base. Very promising start though.
Good video -- Great work
Well, that is really interesting. Thanks for reporting and sharing of your insights.
Great overview and definitely something to watch for the future. Really like the privacy element of it and could be very interesting, especially for the more experience crypto community. Lack of wallet is big challenge though and like you say, don't really want to be leave anything on an exchange.
Great stuff Chris!!!!...... So many you tubers shilling this coin.... You did not.... You explained..... 😉
This coin is definitely worth keeping an eye on.
It'll be interesting to see the development of this
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Looking forward to the view of the crypto landscape in 10 years.
Thanks for the info regarding #Grin and #MimbleWimble, Chris!
Also learned a new meaning for IBD (Initial Blockchain Download)... Still sounds like a pain in the ass though!
Thanks, @marketingmonk!!!
Appreciate the effort in providing the research. My thoughts is that the underlying protocol or technology is a great progression for blockchain but the economics are still a question as having an infinite supply would ultimately decrease its value. It would only serve a quick transactional utility but no store of value.
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Gosh that must have taken some time to research, really appeciate the time and effort you put into your videos, cryptoverse is my blockchain catch up show
MW definately has some crazy benefits in terms of speed and resource use and I think blockchains will follow this course to become lighter and lighter as we find ways to shard over various devices as nodes to make it a viable tool for all.
I wonder if though once we have second lay protocals on BTC and with ETH that you cant run MW over and above it and then sync that minimal data to the blockchain instead of what BTC and ETH is currently doing. Would be an interesting concept to explore
Some cryptos are going for KYC, so merchants can comply with various laws around the globe. While I don't like that, how will we get around the system? Privacy seems good but how can we spend this crypto, without losing that privacy? An infinite supply makes me think Grin is made to spend but privacy is probably going to make that problematic?
Great info, but it should also be noted that Grin is being heavily mined by venture capital funds. I read it was estimated 100 million dollars worth of VC funding is estimated to be used in mining.
That increases the network security out of the gate, and it gives an approximate Network value from the start right?
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I'd say that is a first statement.
cant mine with my gtx 970..... wtf
It's a demanding coin for resources. Even a GTX1060 6GB can't do it on WIndoze - Linux only.
Good ;);) ^^
Great vid Chris.
Even though the tech sounds really interesting, it's hard to see if it would ever replace BTC.
It could be like the VHS versus Betamax situation, the best tech doesn't always win in the end.
I see potential, but I think it will take more than I see now to become truly widely useful.