Review on MimbleWimbleCoin by Toprak Dere
About MimbleWimbleCoin (MWC)
Mimblewimble MWC is a cryptocurrency project with greater network scaling, privacy, and greater power of substitution than other Blockchain protocols.
The main feature of MWC transactions is to increase privacy. For this purpose, all transactions in the base layer are carried out with the logic of "secret transactions" and "signature sets". As a result, there are no addresses, transaction amounts, intermediate inputs and outputs in the blocks. If you are not a participant in the system, all inputs and outputs look like random pieces of data on the blockchain.
MWC is “created and designed by a team that aims to bring together all the features of good digital money.
In addition to these, according to the information in the project's whitepaper, 10,000,000 units of MWC, which make up half of the total supply, were produced in the block and the remaining half will be added to circulation with mining. It is also among the statements that 2,000,000 MWC has been allocated for the HODL program.
Pros
- The project is one step ahead of its peers in inflation rates and cryptocurrency theft.
- future is bright and roadmap is amazing
Cons
- not listed in most exchanges
- the project should be developed and supported more
