Let's fork GRIN!

Miners were coming to the network in the last three months if you look at difficulty chart. If there are some devices you can make money out of electricity everyone loves to plug them in.

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And I think that this is at least partially the result of contributors being micro-managed by an entire community that partially consists of nervous speculators. As a result, contributors cannot fully focus on their actual task.

I can certainly resonate with that. Lack of direction can kill a project.

sorry to break the mood but I am hyped as fuck

  • been working as intended for almost 3 years
  • chain size is incredibly small (I’ve been running a node since day one, it’s under 3GB)
  • both the server and the wallet are incredibly stable
  • moved to tor network
  • superlative mobile wallets for both iOS and Android
  • mining has finally transitioned to ASIC
  • hardware wallet support is coming

I believe lots of misunderstandings stem from the fact we all have different goals.
If you think Grin must make its early adopters rich, then I get your frustration.
But not even Bitcoin made all of its early adopters rich, most of them sold before seeing significant gains. Bitcoin rewarded people with conviction and diamond hands, not whiny early adopters.

I am not sure Grin will reward anyone, I don’t even care even though I’ve been mining it since day 1 with any possible device.

If there is something I am concerned about is hashrate distribution, but this had to be expected since iPollo is the first company delivering actual miners into the hand of customers and distribution is obviously skewed (remember Antminer?).

If we want to learn from the past, we need to remember how Bitcoin got its traction: people started using it. Yes, this also means not being listed on exchanges is a major roadblock but no, we are not going to pay for listings.

Also, Bitcoin got its fame from shady markets initially. I am not suggesting grin be used for shady things :innocent: but I wonder why it is not even considered given its properties.

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Changing the monetary policy of Grin would be devastating to the project. Don’t do it!

Just my 2 Grin

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Some of my thoughts

100% Fact
It actually rewarded
Pool Owners Not Miners
Exchanges Not Traders
ASIC Manufacteres Not Buyers
Scam Gods Not Newbies

Would take time, and The first to show takes the pie (Monero)
Honestly I have not tried Grin till now

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I will say so, nothing will change for the coin already. The reward will remain the same or decrease. Coins are already just accumulating a few whales that will just start pumping up the price at a favorable stage of the market. Thus, GRIN is no different from non-decentralized tokens (the issue of which is controlled by developers).

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Here’s a “it was only a test of your faith” idea. Let’s fork ツ now and assume that what has been distributed so far was a pre-mine based on proof-of-faith algorithm. The new distribution will be exponentially decreasing with 5% of new supply automatically transferred (non-interactively) to the marketing and design team. Thoughts?

The way to grow Grin is to embrace it’s inherently different and help it become better at what it is. All the conflicts we’ve had historically were because people have failed to do that and wanted Grin to be more similar to other projects. Let’s keep it unique even if it kills us. This includes our monetary policy, multisig only nature, being simple in every regard etc… Being the same as everything else out there is boring and not worth the time.

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except the most important one: end user experience.

I think it’s simple in terms of user experience as well. I’ve said it before and I’ll say it again, we should stop trying to fit Grin into the Bitcoin box.

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Now you know what to do.

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Bad idea. Clearly the people who built Grin know a lot more than the many of us. Just because we can’t see the goodness in something dose not mean it is not good. It just means we need to dig deeper.

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Grin not decentralised!!! It is huge problem
Maining is concentrated in huge pools.
Protocol Grin must to be changed to help solo maining by not allowing one node with one ip have 2 ore mo block in one day.

If having pools makes a coin centralized, following your reasoning Bitcoin and every other crypto project would be centralized. Grin like Bitcoin or any other coin supports solo mining, so I do not see any problem in decentralization. Anyone can solo mine, and even a 270$ miner gets block frequently enough for solo mining Grin. In contrast, projects like Bitcoin with a very high value block reward are way more dependent on pools since otherwise you might have to wait years to mine a single block. So following your reasoning that solo mining is better than pool mining, Grin is very decentralised since anyone can solo mine and still get rewarded frequently.

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Grin is not centralized! Solo mining is probabilistic in nature even if you mine bitcoin, ethereum etc even if you mine grin. You find 3 blocks/month with only 1 G1 mini miner. Low budget miner and easy to use. No need to have special knowledge in mining. Ipollo and Grin gives a great opportunity for long term mining in my opinion. I mine grin almost 1 year now. I have the results I want according to my abilities. (Around 1500grin/month) That’s decentralization. Other cryptocurrencies don’t give these opportunities. That’s centralization.

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Pretty sure you’re just trolling/spamming, but I’ll give you a serious response anyways:

A) only 1440 blocks are produced each day, so how can you say one node produces thousands of blocks per day?

B) we need to produce 1440 blocks per day, but there aren’t even 1440 nodes online. If we restrict each node to 1 block per day, how do you propose we produce 1440 blocks in a day?

C) how do you plan to restrict nodes? By IP address? IP addresses are easy to change, so one node can kust keep changing IP to mine more blocks. What then?

D) what you are describing is fundamentally different than proof of work. If you have some new mechanism to restrict block production without work, then we wouldn’t need miners at all, and you would still have to go throw away your GPUs. So I don’t think that would help you either. But… I’ll caution you, there is no game theoretically secure alternative to PoW, so I wouldn’t get your hopes up for replacing it

Lastly, in case you would like to learn a bit more about why things work this way, I suggest you read Poelstra’s asic-faq. Its an easy read, and It covers much more than just asics :slight_smile:

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@GrinDarkNetBank I agree this starts to sound too much like spam. Please, if you want to make a post, do your research and make sure that your post is 1) not repeating what you already said 2) contains proper argumentation and sound logic, 3) please do a basic spelling and grammar check. Without the above, posting is spam and has no meaning since no one knows what you are trying to say.

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