Post
Topic
Board Altcoin Discussion
Re: I hear that Monero has a new competitor in town
by
UnruffledST
on 15/02/2019, 01:44:21 UTC
Big problem monero faces is  Mimblewimble protocol, and the fact that Grin and Beam are using it, which made them huge gainers in the last days. However it is still popular on the dark web, but not sure if for a long time...



But you are bringin up Grim and Beam who have privacy flaws which do not make them powerful enough yet neither to truly be 100% private? Take a look below.

https://bitcoinmagazine.com/articles/battle-privacycoins-what-we-know-about-grin-and-beams-mimblewimble/

Interesting. I didn't invest too much time into Grin, I thought I'll do that at a later point. I guess that'll not be necessary anymore Smiley
Then.. I stand corrected: not even Grin would be any good, which means that Monero is still safe in its position. Thanks for the link.

PS. Maybe Scroda will have a future. Time will tell Wink

Take a look Grin nor the Mimblewimble protocol is 100% private.