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It isn't that there is no mining, they stated that there is not pre-mining, so no mining before the tech is released. This is a regular hype technique used by s
by WRONgG 8y ago
It isn't that there is no mining, they stated that there is not pre-mining, so no mining before the tech is released. This is a regular hype technique used by shit coins in the past (ditto to the ico method).
They have a mining tool that runs on OSX and Linux 64 on their GitHub.
The premise is that they want it to be an actual currency as opposed to a glorified stock option.
- democracy 8y agoYeah, it is a pipe-dream. To be useful you need to be able to buy/sell it - which means going to exchanges. Once you are on exchanges you are a volatile asset or a "glorified stock option" and a part of unregulated gambling platform.
- knocte 8y agoExchanges are not just to gamble. Imagine you start using MimbleWimble in your daily life: e.g. you're a freelancer and you decide you want to get paid in Grin. At some point you will need to convert your Grin to fiat currency just to do some typical purchases that are usually not possible to pay with crypto (e.g. rent? groceries?). For this, you need an exchange. It's not gambling, it's a temporary necessity.
- Nursie 8y ago> Imagine you start using MimbleWimble With that name, nope, never.
- swift532 8y agoMimbleWimble is a protocol, not a coin. Grin, though I'd still say it's a bit funny sounding, is acceptable. The backstory of how it was released and why it's called MimbleWimble is pretty cool.
- democracy 8y agoYeah yeah yeah, how can you be on an a crypto exchange and not be a gambling asset? And what is this "temporary" remark? As I said - it is a pipe dream.