Post
Topic
Board Development & Technical Discussion
Merits 7 from 3 users
Re: [Megathread] Bitcoin Layer 1 Privacy - concepts, ideas, research, discussion
by
jackg
on 19/08/2022, 21:43:46 UTC
⭐ Merited by hugeblack (4) ,Welsh (2) ,n0nce (1)
    • Grin
      • MimbleWimble: complete new protocol for confidential transactions and smaller transactions
      • Drawbacks: ... ?

    I was looking at a chart comparing grin and monero on the stackexchange yesterday. Link provided: https://monero.stackexchange.com/questions/11107/what-is-the-difference-between-monero-xmr-and-grin-grin

    From the top comment:
    The main difference I noticed was grin being considered fairly weak for privacy as it hides historic information and transaction amounts but those can be gathered before a transaction is confirmed (when it's broadcast and in the mempool - as I understand it - perhaps there's a way they'll come up with to obscure this further).

    I THINK I'd add an con of the grin community being new and grin coin being fairly new too - I think that's their biggest drawback so far (just the newness, nothing to do with the people).