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Feb 9 2019: Questions from a news website

lehnberg edited this page Feb 10, 2019 · 2 revisions

You are the second cryptocurrency to use MimbleWimble by a narrow margin, as Beam came out slightly earlier. What do you expect for the protocol going forward? Will it become a new hot thing in the cryptoverse and how might it change it?

We remain focused on growing Grin's community. There's a lot of work that needs to be done, launching is only one development milestone of many to come. We always need more engineers looking at the code, more technical writers helping with the documentation, more end-users testing the software and filing bugs, and more community members that can help make the project more accessible to newcomers.

Grin was launched more than two weeks ago. What lessons have you learned during this time?

That interest in Grin at this early stage can still exceeded our wildest beliefs.

What are your strategic goals for this year in terms of development and adoption?

Our primary focus remains stability, performance, and security. Nurturing a healthy ecosystem with third party development teams integrating Grin into their services and products is also crucial for adoption to improve.

How do you plan to reach mass audience (at least within the cryptoverse) and when?

See the previous answer.

Do you have any regulation related challenges?

Not thus far.

On how many exchanges (we counted 13) is Grin available now and on how many do you expect it to be, by the end of this year?

We're not counting. We don't do applications, and we don't pay listing fees. We welcome integrations however (as well as contributions to the dev fund).

Do you have any new partnerships (merchants, etc.) in the pipeline? Anything you can share with us?

We haven't entered into any partnerships so far, and have no plans to do so. We're grateful to our donors for their support.

From an average user perspective: why would they choose Grin over Beam?

One of Grin's core strengths is its community of passionated individuals who believe in the project and are working hard to support it without any immediate financial gain or compensation in exchange for doing so. It's hard to replicate. We believe it's important for development and governance of a privacy-related project to remain decentralised, transparent, and open for anyone to participate in. We believe in the fair launch, the fair emission schedule, the choice of technology, and the simplicity of the overall protocol.

Despite it might look that Beam and Grin are competing projects, among your supporters are Beam and Alexander Zaidelson himself. So what kind of relationship is among the two projects?

https://www.grin-forum.org/t/on-alternative-mimblewimble-projects/773

You rely on donations from the community for funding. How much have you raised?

https://grin-tech.org/funding

Do you consider this system sustainable?

Yes.

The CEO of Zcash recently said he doesn’t consider Grin nor Beam competition, as “they are fragile and limited on a technological basis.” How do you comment on that?

Grin works to be privacy preserving by default, while at the same time being practical and usable. We think this makes the protocol attractive for a wide set of use cases.

Last September, Grin was not considering creating an official Grin Foundation. Is this still the case?

Yes.

Which projects from the crypto ecosystem are you most excited about?

BLS signatures, RSA accumulators, FlyClient, and most other things coming out of Dan Boneh's Applied Cryptography Group at Stanford.

What will have the most impact on the crypto mass adoption?

Individual use cases or applications that are unique to a universally open and censorship-resistant form of electronic currency.

What happens if you don't manage to bring Yeastplume on board?

We'll have less dry Irish humour and vodka drinkers on the team. It seems however that we're going to have to do with him for quite a bit longer after all.

Do you have a plan B?

Yes, it's the same as Plan A. Grin is an open source project and relies on contributions from anyone wishing to participate.

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