Post
Topic
Board Altcoin Discussion
Merits 4 from 2 users
Re: Is GRIN still a thing?
by
oryhp
on 16/01/2024, 00:03:44 UTC
⭐ Merited by tromp (2) ,Halab (2)

The success of Grin depends on two factors:
- Launching new features: If Grin team can add new features that attract users, it may be able to reverse the current trend.
- Increased interest in privacy: If interest in privacy increases in the world of cryptocurrencies, this could also be beneficial for Grin.

I'm afraid that's not the philosophy behind Grin. Features add complexity and there's a sea of projects whose focus is nothing but continuous adding of something so that people can hype themselves up around the next "revolutionary" thing. Grin will likely remain what it is today, just like Bitcoin. And while it does have a much better privacy than Bitcoin due to confidential transactions, it's not about maximizing privacy coin at all cost. Mimblewimble is good at achieving a lot with very little complexity. It would be a shame to throw away the simplicity and elegance of this design just to inject a short term dopamine rush into speculators.

It's Grin's 5th birthday.  Grin