Review on MimbleWimbleCoin by LUIS RIVERO R
A Grin fork intended for the community.
It is an open source blockchain based on a Grin fork, inherits privacy with greater network scalability from this project compared to other projects and especially Bitcoin. MWC uses multiple fungible signatures in its chain without transaction histories to connect with someone's identity. The total amount is mixed and then distributed, saying that these transactions are merged but the end user will always receive what has been sent.
Constant updates and MWC compliant services, bitcoin cross exchanges, Lightningg Network integration are currently under development. Adenas supports GRIM mining processes when managing a node. In general, this project aims to be a cryptocurrency of value, developers bet that users keep their assets to increase their value
Pros
- It has updates to its code on github, with contributions from the MWC community.
- It has a rewards program for users who hold Hold in their respective wallets, but the condition is that they do not have to have outbound transactions.
- Clean distribution, without ICO much of the funds distributed to miners and blockchain verification plus rewards.
- Active yet new, with a community supporting this small platform, it is growing.
Cons
- It is listed on exchanges that often increase the volume of your transactions.
- Este activo no cumple con las características necesarias para ser listado en coinmarketcap debido a los términos y condiciones.
- To access your wallet and funds it is necessary to download the entire chain, a light version is necessary to be able to access this asset without delay.
