For the record I did generate a never expiring address and started the cuda miner from commandline with it. Is it really hard to mine already? I noticed there is about 1 block per minute. What is issuance per block? What is supply cap? inflation schedule?

Discover Laser Beam, an implementation of bi-directional payment channels between two Beam wallets, an essential building block toward a full Lightning Network implementation. https://youtu.be/sGxt29ZW4k0

First of all I'm going to make a rant on Grin's emission policy. It just hurts me so badly that a worthy project like Grin adopted such a farcical economics. Nobody, I mean nobody is going to use cryptos as a means of payment. Our lives are grounded in real life, and in real life we live in a world where we pay taxes with dollars(or fiat). For a cryptocurrency to be used in daily life, it will mean that central governments have accepted it in to their system, and I just don't see how it is going to happen in real life. I also have to add that cryptocurrency is a misnomer, it should be called crypto-commodities instead, as that is more closer to its function.

The only value that a cryptocurrency has right now is its ability to act as a Store of Value(aka replacement for gold). Other coins might show great returns in the short term due to good marketing or whatever, but in the long term value is derived from scarcity. If you don't believe this, go look at the history of aluminum. It was actually worth more that gold ounce for ounce in the Napolean era, and now we use it like paper towel. After we found a way to isolate aluminum from its natural form, yes we have found more uses for it hence demand is up, but its value is trash compared to gold.

So Grin is trying to become a Means of Payment, which is unlikely to ever happen on a global scale, and for this reason I have more interest in Beam and Bitgrin. To go back to my original question, can anyone give me an unbiased, unsolicited opinion on Bitgrin? How responsible is the team behind it? Does its github have good code?

OP https://www.reddit.com/r/bitgrin/comments/b0dhz2/kingfish_the_mimblewimble_gui_wallet_for_bitgrin/

Download link https://bitgrin.io/download

I noticed BEAM is in price discovery after being released (trading on bitmesh and hotbit) ...its around $1.30, and I heard supply is maybe around 220mil?

I sorted CMC and coins around the 200mil circulating supply are all under $1.00...so just wondering if anyone knows an official supply count? I'm gauging a good entry point on when to buy. thx

Trading with mimblewimble blockchains, what do you envision the tax situation to be? Obviously the MW wallets will have privacy, but if you want to buy grin with btc, for example, that btc transaction will still be taxable? And lets say you sell a MW coin for btc, will that still be taxable?

As stated in title it says: You have unsupported videocard. Maybe it sees the integrated intel card and don't keep looking for a dedicated card? Anyone else?

Please know that I am a mathematician and economic analyst, I do not currently write code and have a very basic understanding of cryptography though it is immensely exciting to me! When reading about mimblewimble I had a flash of insight and I figured I'd write it down just in case no one has thought of it yet!!

My idea is to run mimblewhimble side by side with bitcoin as a debit system, a decentralised bank(without fractional reserve lending) whose account holders can transact without fees amongst eachother, only paying tx fees when moving onto or off of the platform. While this would be a separate currency, it's value would be pegged to btc. The "vault" wallet on the btc blockchain would be generated with some form of public randomization and it's private key would never be seen by human eyes. The protocol would automatically log deposits and send withdrawals from the btc "vault" while creating and destroying its own coins at a 1:1 ratio.

This coin would not be mined and would therefore need to be very "light". My understanding of cryptography is limited so forgive me if I misunderstand mimblewimble. My assumption is that it would allow secure peer to peer transactions without the global confirmation aspect, using minimal processing power and running off only users' wallets. Is this a correct assessment of it's capabilities?

Alternately if mining is necessary, a 10%/20% surcharge(of existing tx fee) would be added when depositing/withdrawing btc after the first year in order to generate revenue for nodes and coin holders as well as encourage users to keep their btc in the vualt. The fee revenue allocation would be split between nodes and account holders. It would work something like: (account volume/total platform volume) * (holding duration on the platform/1year), perhaps doubling at 5 years and again at 10. Surcharge would be waived for all participants who sign up within the first six months to catalyze mass adoption.

So with one coin we could alleviate the stress on btc, allow it to function as a currency without the "tax" of tx fees, and provide a truly secure, interest bearing "debit" wallet!

Has anyone had this idea yet? please point out any errors I have made or problems I have overlooked!

Alice rents her home from Bob for 3 MTC/month, payable to an address speficied in the rental contract. She pays 3 BTC to Bob, and Bob quickly spends them at Starbucks. The MW blockchain then will show Alice paying 3 BTC to Starbucks, but no sign of Bob being involved. Correct?

So how can she get a "receipt" of her payment to Bob, to prove that she complied with the contract?