Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
by
MostlyGhostly
on 23/11/2019, 17:03:11 UTC
Just a heads up guys, it is not a good Idea to be Holding right now.

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.




I see him laying feces on mimblewimble in that medium article but I see no proof of the statement in the first paragraph. Can it be presented in the form of a proof? I can say that I could unveil sendees and senders in every single monero transaction but what will that account for without a shred of a proof. Disclaimer: Im not buying any of privacy coins. Will only buy when it tanks like 100 times of the current value.