You said you came here from users demand asking for Grin’s support on your wallet, and then you come asking upfront the community for $60k.
You say that Grin would be the first project to pay for integration, if “the community is not interested you go elsewhere” then you point out that funding isn’t a criteria.
There is no problem with Grin integration in Unstopable wallet. We can add them to the list of wallets on the website and Grin hub and mention it in the newsletter. There should however be no preferential treatment, it is not like we will start shilling Unstopable wallet or make it the official wallet. Users will simply get the facts about all wallets and can decide for themselves if they want to use it.
If they like many privacy projects, perhaps a wallet like Unstopable which also supports grin would be their prefered choice.
For grin purists, they probably will choose a grin only wallet.
Working together is however quite a bit different from a funding proposal. I am not sure if that is interesting enough for the Unstopable team.
Thanks for reaching out @ddadybayo. The Unstoppable wallet project sounds interesting and I’d like to know more about its goals in general. I think that it’s important for the Grin community to have its own goals in alignment with any other project that it collaborates with. It appears that Unstoppable aims to be more than a wallet and provide other crypto services. I’m curious about Unstoppable’s regulatory standpoint and how it aims to navigate that area in the future to possibly “legitimise” it’s business.
Lets stay polite and respectful to one another and keep the discussion productive. I do understand your skepticism, hence I reached out to the Unstoppable team to verify @ddadybayo is indeed a representative from the Unstoppable wallet team. When I get a reply, I will post a link to it.
Thank you for reaching out and for your diligence in verifying this information. I can confirm that Dadybayo is indeed a representative of the Unstoppable Wallet team."
Do not trust, but verify . Now we know that we are not wasting time when discussing possible funding requests, bounties or collaboration with Unstoppable wallet.
Ok, so here are my quick thoughts regarding Grin integration in Unstoppable wallet.
Integration of Grin in Unstoppable wallet would provide a “first” for both Unstoppable wallet and for Grin. Unstoppable wallet would be the first/only multi coin wallet that supports Grin, which does provides a reputation boost and a unique selling point to the wallet. For Grin, it would open the world of MultiCoin wallet support.
No other project paid for integrating their coin in Unstoppable wallet, why should grin be an exception?
I do find this valid reason not to pay, however…grin is different from other projects. Grin is interactive, even the key derivation is not exactly confirm BIP32, BIP44 or any other standard (unfortunately). Hence it will involve more work to integrated and perhaps a bounty, more modest than 60k, e.g. 30k? should be open to discussion IMO. If significant functionalities would be added, more funding could be made available.
At the moment integration of Grin in Unstoppable wallet will not yet unlock its true potential since there is no easy way to swap it. This would be a reason to wait with integration both from the perspective of the Unstoppable wallet team as well as for Grin as project.
If a bounty would be made, we need to be clear about the long term alignment of the objectives of Grin as project and of this wallet as well as long term commitment to support Grin. We do want integration to be temporary nor do we want this to lead to negative attraction of regulator attention. Grin should not be considered privacy maximalist money, even though in the future potential some users might want to use it as such (adding mwixnet, still only as much privacy as Monero at this point).
The Grin Community Council does have funding and this funding is less rapidly depleted than the increase of its value. Hence we should be sensible but not extremely conservative in funding. If we can find proper reason to support a bounty for Grin integration in a wallet, we should at least explore the possibilities.
If some unique added value would be created for the project e.g. developing atomic swap , adding MultiSig support, this would warrant significant funding. Perhaps some long term objectives that both benefit this specific wallet integration as well as long term benefits to the project can be achieved.
Think about it, there’s a reason no one else payed to get support on unstopped, is it support for a year? A decade? For all of time? You’ll end up getting grifted outta a bunch of capital just for them to decide to remove grin from their wallet in a year or two for whatever reason they want. They gonna give your 60k back when they do?
If they want to add support for grin on their wallet they can, why would this team pay for that? We have great in-house cats working on this same thing. Ardocrats mobile grim wallet for example.
As a side note: I find it extremely interesting that the unstoppable wallet team is reaching out to the grin community - I can’t tell if that extremely bullish for grin or means unstoppable on its last leg and desperate for funds. Maybe I should move my coins off unstoppable lol
Maybe I’m missing something, but Grin is private money.
“… we believe in Grin’s mission to enable private money for everyone and open access to it.” - Ignotus Peverell
Also, Gate is already places Grin into privacy coins category. As reported by several users, they can’t trade Grin on Gate, though they can trade other coins.
There are different opinions on this, but personally I do not like to categorize Grin as a privacy coin.
Why?
Because privacy coins have as sole objective to create a as private as possible coin, cost in chain size and complexity be dammed. Grin does not follow this same philosophy. My interpretation of what Grin aims to achieve is to be Fair, Fungible, Sound money - and yes that requires privacy but not at any cost. Therefore often the subtle statement, grin is “privacy preserving” is used. The difference might appear trivial to some people like regulators, but I think this difference in underlying philosophy is really important because it means grin has a completely different raison d’être then most privacy coins.
It cannot be avoid that Grin will be categorized by some as a privacy coin, but I do not think we should actively stimulated this. Regarding what Igno said, perhaps he and I have different interpretations of what we want Grin to aim to achieve. To me privacy is a means to an end (sound money), not an end in itself.
I much prefer "Electronic transactions for all. Without censorship or restrictions. Designed for the decades to come, not just for tomorrow. To be used by anyone, anywhere.".
That is why we are having this discussion, we need be sure we align with one another not only on the short run but also long term. Look, for Unstoppable wallet being the first and for now only multiple coin to support Grin - which perhaps has not seen much adoption - is still widely regarded as one of the most promising projects out there and support grin does give them a very unique selling point. Perhaps a unique selling point is something they are missing right now.
The question remains what exact role would we want Unstoppable wallet to play in the ecosystem. Can we make it more unique, or even let their developers perhaps add functionality in grin-wallet that can then be used by Unstoppable wallet when they integrate grin-wallet.
I am exploring if there is such as win-win scenario.