Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I dont know that you could port Bitcoin onto Grin. So it is a threat.

But their monetary policy is fuxxed. Big mistake having an endless emissions. Same trap Monero fell into.

So that significantly reduces the threat.

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?

Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m). That is not designed to change. So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.

I don't know if anyone, including the developers, expect it to be worth much. It's more of a proof of concept of a technology they want to push onto bitcoin.