MimbleWimbleCoin (MWC) uniquely offers privacy, scalability, and fungibility with a fixed supply cap, revolutionizing blockchain transactions. More
| Name | Pair | OG Score |
|---|
In the ever-evolving landscape of blockchain technology, MimbleWimbleCoin (MWC) emerges as a distinctive player, harnessing the power of the MimbleWimble protocol. Launched in November 2019 as a fork of Grin, MWC is designed to be an investable MimbleWimble-based coin with a fixed supply cap of 20,000,000. The MimbleWimble protocol itself introduces a revolutionary approach to transaction verification, allowing scalability and privacy by avoiding the need to store the entire chain history. MWC takes this a step further by implementing Greg Maxwell's CoinJoin with Confidential Transactions and signature aggregation, ensuring that all transactions on the base layer maintain the utmost privacy and fungibility.
MWC's commitment to innovation is evident in its development milestones. The project boasts a clean and minimal implementation, ASIC-resistant proof-of-work with Cuckoo Cycle, and a relatively fast one-minute block time. The scarcity of MWC, combined with its privacy-centric features, positions it as a true pioneer in the cryptocurrency space. Despite the profound benefits offered by MimbleWimble technology, it has remained relatively underexplored until MWC's launch, reflecting a gap in understanding and knowledge. The development team's dedication to excellence extends to the creation of a fully functional GUI wallet, secure offline cold storage methods, successful MWC/BTC atomic swaps, and ongoing efforts towards a mobile wallet and Non-Interactive Transactions (NIT).
In the quest for superior monetary characteristics, MWC stands out by embodying the ten primary attributes of good money in the Information Age, as outlined by the development team. With a mission to surpass existing alternatives, MWC leverages MimbleWimble's scalability advantages, achieving approximately 3x improvement over legacy blockchain technology. The unique properties of MWC transactions, such as CoinJoin, Confidential Transactions, and signature aggregation, contribute to heightened privacy and fungibility, setting it apart in a market characterized by innovation deficiencies. As the MimbleWimbleCoin project continues to unfold, it promises to redefine the landscape of blockchain technology, offering a glimpse into the future of private, scalable, and secure transactions.
MimbleWimbleCoin (MWC) stands out for its unique MimbleWimble protocol, ensuring privacy, scalability, and fungibility in blockchain transactions with a fixed supply cap of 20,000,000.
MimbleWimbleCoin founders are remains anonymous.
MimbleWimbleCoin (MWC) utilizes a Cuckoo Cycle proof-of-work consensus mechanism, employing variants like Cuckaroo (ASIC-resistant) and Cuckatoo (ASIC-targeted) to secure its network.
You can buy MimbleWimbleCoin (MWC) on AscendEX (BitMax), WhiteBIT, XT.COM cryptocurrency exchanges.
Join
OGAudit
