Re: Grin Observer - GRN/BTC - Price Movement and Discussion

Quote from: Hueristic on November 19, 2019, 02:17:40 AM

Quote from: Hueristic on November 19, 2019, 02:14:07 AM

Just a heads up guys, it is not a good Idea to be Holding right now.

breaking-mimblewimble-privacy-model

Quote

Grin still affords a stronger privacy model than Bitcoin or other non-privacy coins, since amounts are safely encrypted. But Mimblewimble provides a strictly weaker privacy model than Zcash or Monero. This makes it insufficient for many real-world privacy use cases.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

This is not FUD, just a heads up. I'm sure the Devs will address the issue if its possible.

I havn't spent any time in looking into this but wanted to give you guys a heads up asap.
Thanks to cAPSlOcK for pointing this out.

Quote from: cAPSLOCK on November 19, 2019, 01:29:47 AM

This is the actual article by the researcher:

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Just so you all know and don't get blind sided.

Added:

Here is the rebuttable Dev response.

https://medium.com/p/8063371839b9/responses/show

If I sold then I'm buying back.

However, it is fud. Here is a better article to read on why it is fud.

https://medium.com/grin-mimblewimble/factual-inaccuracies-of-breaking-mimblewimbles-privacy-model-8063371839b9

The Dragonfly research fellow might have gotten very excited on his research which was already well known from the beginning.