grin / GrinMW is on Nostr

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2025-05-02 08:46:12

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When broken bitcoin ?

2025-05-01 20:24:41

ツ 𝙎𝙘𝙝𝙚𝙡𝙡𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮
Nick Szabo's concept of Schelling money" (named after economist Thomas Schelling) describes a monetary system in which accepted money is obtained not through regulations or contracts, but through natural agreement between people.
Grin fits into the Schelling Money framework such as;
Censorship Resistance: Grin's strong privacy features make it inherently resistant to censorship and control. This is a significant advantage in a world where governments are increasingly trying to regulate and monitor financial transactions.
Fair Launch and Decentralization: Grin's fair launch (no pre-mine, no ICO) aligns with the ethos of decentralized systems. This makes it harder for early adopters or insiders to manipulate the market or control the currency.
Neutrality: Its aim is that no single person or entity controls Grin ツ or has power in it, grass roots community driven.
https://grinpost.substack.com/p/schelling-money

2025-05-01 12:05:35

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Yes lightning network is soo private than monero !
https://blossom.primal.net/b9fab8cc5f445967d8fc258b17377bca80e53d770bf1b45443b48190b3eaa32b.png

2025-05-01 12:03:45

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i have a bridge to sell you.

2025-05-01 11:52:23

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Bitcoin coopted, captured.

2025-04-22 21:15:12

Decentralization shines when it comes to social scalability, leading to more trust in networks. It helps systems grow and allows for cooperation beyond just small, trusted teams.
Centralized systems can run into trouble because of the central coordinator and the trust we put in them. Decentralized systems try to fix this by eliminating the bottleneck and needing less trust in one person or group r entity.
Proof of Work decentralization isn't merely about node count; it's about the distribution effective control over the network's the ledger.
Mining power is paramount in PoW. If one entity controls the production of the most effective mining hardware, they hold immense leverage.

2025-04-22 20:34:23

A decentralized network makes it almost impossible for any group, like the state or corporations, to block certain transactions or users based on unfair reasons.

2025-04-16 10:55:26

Grin MimbleWimble blockchain News & Developments April.
''The success of Grin relies on its commitment to preserving its unique decentralized features, including a community-oriented governance & opensource development and privacy-focused design that leverages the Mimblewimble protocol. With no ICO, pre-mining, or founder rewards, Grin's model features a consistent emission of 1 GRIN per second, which promotes miner participation and enhances network security, distinguishing it from centralized cryptocurrencies.''
The focus on "fair launch," largely backed by community contributions, is admirable as it helps to stop the formation of elite founders who could hold excessive power over the protocol's starting conditions or finances. It aligns with the vision of a decentralized blockchain governed by rules instead of rulers.
https://grinpost.substack.com/p/peoples-money-not-for-a-few-grin
https://grinpost.substack.com/p/peoples-money-not-for-a-few-grin

2025-04-02 14:36:53

Grin is a community-driven project. There is the no ICO, foundation and premine.

2025-04-02 14:34:57

Because transaction history is not publicly visible, all Grin coins are treated as equally valuable. This fungibility is a crucial property of money, as it ensures that individual coins are interchangeable.

2025-04-01 19:01:31

Grin ツ , built on Mimblewimble, embodies Cypherpunk values in its pursuit of a 𝙙𝙚𝙘𝙚𝙣𝙩𝙧𝙖𝙡𝙞𝙯𝙚𝙙, 𝙥𝙧𝙞𝙫𝙖𝙩𝙚, 𝙤𝙥𝙚𝙣𝙨𝙤𝙪𝙧𝙘𝙚 and 𝙥𝙚𝙧𝙢𝙞𝙨𝙨𝙞𝙤𝙣𝙡𝙚𝙨𝙨 future. It's about 𝚒𝚗𝚍𝚒𝚟𝚒𝚍𝚞𝚊𝚕 𝚎𝚖𝚙𝚘𝚠𝚎𝚛𝚖𝚎𝚗𝚝, 𝙘𝙝𝙖𝙡𝙡𝙚𝙣𝙜𝙞𝙣𝙜 𝙨𝙪𝙧𝙫𝙚𝙞𝙡𝙡𝙖𝙣𝙘𝙚,
and pushing back against 𝙘𝙚𝙣𝙩𝙧𝙖𝙡𝙞𝙯𝙚𝙙 𝙘𝙤𝙣𝙩𝙧𝙤𝙡 𝙤𝙫𝙚𝙧 𝙛𝙞𝙣𝙖𝙣𝙘𝙚, all wrapped in an elegant,𝙢𝙞𝙣𝙞𝙢𝙖𝙡𝙞𝙨𝙩 𝙙𝙚𝙨𝙞𝙜𝙣.
𝙏𝙝𝙞𝙣𝙠 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙛𝙧𝙚𝙚𝙙𝙤𝙢 & 𝙥𝙧𝙞𝙫𝙖𝙘𝙮 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙙𝙞𝙜𝙞𝙩𝙖𝙡 𝙖𝙜𝙚.
https://grinpost.substack.com/p/the-last-cypherpunk