[Cryptography] Scaling crypto currency

John Tromp john.tromp at gmail.com
Sun Feb 28 12:36:07 EST 2021


> What is holding Grin and the other Mimblewimble currencies back?  It would be great if they replaced Monaro.
>
> ADA is fourth in size and volume, Grin, the mimblewimble
> currency, five hundredth, well behind Monaro, even though it is
> technologically superior to Monaro.

You cannot fairly judge a project by CoinMarketCap position. Grin has
the slowest emission of all coins, at 1 per second forever. So even
after 10 years, it will only have emitted 10% of its soft total supply
[1]. Monero emitted roughly 40% of its soft total supply in its first
year alone!

Furthermore, Grin has very limited exchange support, with only one
exchange having implemented the slatepack standard for interactive
transactions.

Finally, while Grin already hides amounts and addresses, it won't
match Monero in untraceability until a Mimblewimble coinswap service
is developed and widely supported in wallets [3].

[1] https://john-tromp.medium.com/a-case-for-using-soft-total-supply-1169a188d153
[2] https://docs.grin.mw/wiki/services/slatepack-integration/
[3] https://bitcointalk.org/index.php?topic=567625.msg56288711#msg56288711


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