Upon MWC’s launch, I began writing a 4 part series on Mimblewimble. The first three installments were on scalability, privacy, and fungibility. Other priorities emerged and we were not able to release part 4. After being away from the project for a while, I had some time so I decided to work on part
Groundbreaking privacy and much improved user experience is coming to MWC! To improve the easy of use, the common user experience and further consolidate the privacy of MWC...
Version 4.2.0 of the MWC Node has been released. This release includes changes from the Grin rebase.
ONE FINAL distribution of the unclaimed fund is required in order to redistribute unclaimed coins from the last distribution.
Due to a recent DNS ownership change, the request and propogation of the transfer have created a delay that affects the registration of the wallet for some users. Because of the delay, we are extending the registration of the wallet to block 448,000. The distribution will start on block 451,000.
MWC was created as an experiment and from the time of the genesis block the goal was to be a testnet for Bitcoin with the idea of potentially implementing technology that may one day be used in Bitcoin. We discuss distribution of the remaining dev funds.
Update on status of dev fund and unclaimed airdrop fund. We give a brief update about the status and clear up some questions.
Bitcoin hack of tor exit nodes does not affect MWC. MWC V3 onion addresses feature compete end to end encryption for maximum level of safety and privacy.
We are pleased to announce the release of MWC Node 4.0.0-beta.1. The release can be downloaded from our github repo. This release is the first to support inbound TOR connections.
An overview of the privacy coin landscape. A review of the privacy technologies and various coins including the top six by market cap: Monero, DASH, Zcash, MWC, Komodo and Verge.
We are pleased to announce the release of mwc-node 3.2.3. This is an important release, because it introduces TOR outbound connectivity capabilities. That means that, if configured correctly, the mwc-node will connect to all other hosts through TOR.
Future of privacy and fungibility in MWC. We discuss the TOR address payments in the latest version of the Qt wallet and what's to come.
The MWC HODL Program of 2,000,000 MWC has been fully distributed. HODL Claim #3 closes at block 330,000.
We're pleased to announce the release of MWC Qt Wallet 1.0.22. It can be downloaded from the download page or on Github. The primary feature implemented in this version of the wallet is TOR capabilities.
The third and final HODL reward will be distributed during June. Be sure to register and claim to receive your free MWC. The end of Part One of the MWC saga is approaching and then Part Two will begin. Onward and upward!
Two characteristics of good money in the Information Age are privacy and fungibility. Is there market demand for this type of monetary product?
The second HODL Program reward has been released. The rewards go to all class 1 outputs that were registered at the time of the output scan which completed at 2020-05-19 01:03:50.0 UTC.
We announce the release of mwc-qt-wallet 1.0.17. This is a patch for the bug in 1.0.16. We also give some updates on HODL program details.
We announce the release of the latest version of the MWC Qt wallet which includes important new capabilities for the HODL program and other features and bug fixes.
The MWC HODL Program classes have been updated. The first HODL Program reward is coming soon for the MWC early adopters.
We are pleased to announce the release of MWC Qt Wallet 1.0.15. This wallet supports registration for the HODL program. You can do so by clicking on the HODL tab in the new wallet. There are also a number of bug fixes in this update. The wallet can be downloaded at http://www.mwc.mw/downloads.
We are pleased to announce the release of MWC Qt wallet 1.0.14. The latest Qt wallet can be downloaded on our download page. This release features CSV export functionality, improvements to allow all file types which makes working with TradeOgre much easier, and bug fixes.
The team announces some updates regarding progress of the HODL program and future direction including atomic swaps.
We are pleased to announce the release of MWC Qt wallet 1.0.13. The main feature in this release is the http listener which will allow the wallet to easily configure and receive HTTP(s) payments. There are also some bug fixes in this release.
We discuss the emission rate changes which are part of MWC's hard fork and the potential impact those changes have on MWC.
We are pleased to announce the release of MWC Qt wallet 1.0.12. This release is mostly a bug fix release, but also has an improved clickable view of individual outputs and transactions.
We wanted to take the opportunity to go over his critique and respond. First of all, he apparently didn't read, or ignored, our response to the Hotbit issue here: https://www.mwc.mw/mimble-wimble-coin-articles/status-with-hotbit
MWC developers find and fix a resource leak in the grin-wallet 3.1. Successfully fix and deploy the wallet to TradeOgre.
We are pleased to announce the release of the latest mwc-node (3.1.0) and mwc-wallet (3.1.2). The major feature in this release is the hard fork to remove C32+ from mining after block 202,500.
The exact details of the HODL Program have still not been decided but at least 50% of the MWC in the HODL Program will be distributed to holders that have MWC that has not been moved after block 202,500. Everyone get your wallet situation taken care of early. You now have a hard deadline to work wit
We have spoken with Hotbit regarding the recent announcement. We will release more details about what actually happened later, but for now we have discussed using some of the unclaimed airdrop funds to make Hotbit and the Hotbit users whole.
Statement regarding Hotbit's loss of funds due to the 51% block withholding attacks on 1/7 and 1/13.
Once you have chosen your pool and started mining coins, it’s time to withdraw them! But how? Here's a step-by-step guide for withdrawing MWC by our community member Mamie Nova
How to solo-mine MimbleWimble Coin - an MWC Community Article by Mamie Nova - MWC Miner Academy Article
This article shows you how to transfer your MWC into your QT wallet - article by community member Mamie Nova.
We are pleased to announce the release of mwc-node 3.0.0. It is important that all full nodes be upgraded to mwc-node 3.0.0: https://github.com/mwcproject/mwc-node/releases/tag/3.0.0
Yesterday, a malicious miner began mining on the MWC network. They used a sophisticated attack which combined turning on and off NiceHash contracts, rejecting incoming blocks, and not including any transactions in their blocks...
We give details on how to verify amounts in the HODL and excess airdrop funds. Full details are given on how to independently verify.
Claims for the MWC airdrop are officially closed. The total amount claimed was 5,400,037.409531322 MWC.
We're pleased to announce the latest release of the MWC Qt Wallet. This is version 1.0.11. It can be downloaded from our download page: https://www.mwc.mw/downloads or directly from our Github repository: https://github.com/mwcproject/mwc-qt-wallet/releases/tag/1.0.11.
In part 3 of 4 in the series on MWC and Mimblewimble we discus fungibility. Fungibility is an important property of money and often overlooked, especially with Bitcoin.
Claims process and Initial thoughts on the HODL program. We give some details on our thinking of the HODL program ahead of the full details next year.
This is part 2 of 4 in the Mimblewimble / MWC - Privacy. Here we go over privacy coins and talk about MWC/Mimblewimble. While MWC is not a privacy coin it has much better privacy characteristics than legacy blockchains.
Our testing of the claiming process is now complete and we are ready to open the MWC airdrop claims process.
MWC's MainNet has been operating smoothly for 12 days - and today, welcomes its first two mining pools...FrostyPool and Ice Mining!
All clear the MWC blockchain still in consensus the previous notification was a false alarm - see for full details.
Critical issue in MWC blockchain - will update with required actions. Earlier today in block 13548, the network went out of consensus.
Response to the Breaking Mimblewimble privacy model article. We analyze the article and responses and summarize.
This will be the first installment of a 4 part series making the case for Mimblewimble and specifically MWC (Mimblewimble Coin). We will go over the major advantages of the Mimblewimble protocol and explain in detail our thesis and why we created MWC.
A few moments ago, MWC's first block was mined. We chose the start time of 9 am UTC on 11/11 because it's exactly 101 years after the Armistice agreement went into effect in France at 11 am (9 am UTC) in 1918 putting an end to World War 1.
Release of the full node supporting mainnet. As a reminder mining will begin at 9 am UTC on 11/11/19.
Brief update letting miners who wish to mine MWC from the start of mainnet launch the information they will need.
Coverage of our analysis of the Litecoin proposals to implement Mimblewimble with extension blocks.
We document the first atomic swap on the MWC test network. This swap was completed between the MWC network and the Bitcoin testnet. We discuss the potential uses for this technology and future plans.
Update on development, exchanges, launch dates, and atomic swaps. We discuss all of the latest activities in MWC.
We announce a major upgrade to the mwc713 wallet and the introduction of the MWC MQ(s) service. Full documentation here: https://github.com/mwcproject/mwc713/blob/master/docs/mwcmqs_feature
We update the community with tentative launch dates and give details of the nightly builds of our mwc-qt-wallet.
We announce an easy to use USB based cold storage tool for MWC. This will be important for exchange support in the coming months.
Updates to the MWC mining algorithm and link to the technical article describing MWC mining. We also discuss the rationale behind the weightings chosen.
We talk about the latest developments in the Wasabi wallet / Samurai wallet controversy and how it relates to Mimblewimble.
The MWC Airdrop Registration was a HUGE success, with 148,474 BTC registered! Now, on to MainNet, scheduled for 4Q 2019!
MWC Airdrop complete, what's next and how you can help MWC. We discuss some details about the airdrop and conclude with the vision of the coin, how it fits into the big picture to benefit Bitcoin holders.
Quick update. Massive registration surge for the free MWC airdrop. 75,621 BTC registered and counting. Less than 48 hours to go.
We discuss the initial block download problem in Bitcoin and how Mimblewimble is a potential solution to this problem.
We discuss how significant Mimblewimble is and what the correct valuation of pre-MW vs. post-MW Bitcoin is based on comparisons to other changes seen in Bitcoin.
We discuss a potential Independence day from KYC (Know your customer). Something we believe the creators of Bitcoin would have implemented had it been possible.
We demo our latest updates to the MWC QT Wallet. This demo shows sending funds, generating a proof and validating the proof in our block explorer.
What are the philosophical underpinnings of Mimblewimble and why is it important? We discuss this question in the article.
I dissect a comment from BTC Benny on Adam Meister's show yesterday. Mimblewimble is completely auditable.
Discussion of the information asymmetry with regard to Mimblewimble and how Bitcoin holders can benefit from this information.
We discuss Tom Elvis Jedusor's great contribution to cryptography, liberty, and the individual in this article.
The logical extension of the cypherpunk manifesto is what Mimblewimble offers. We discuss how cryptocurrency is an arms race and what is ahead.
Demonstration of the MWC-QT-Wallet. We demo installation and recovery with passphrase. The mainnet release version will be available on Windows, Linux, and MacOSX.
Quick update on registration verification process. We made a few enhancements to our website. Please review yesterday's article as well.
Update on registration progress, why the HODL Program and narrowing down the snapshot timeline/timeframe.
I respond to Daniel Krawisz' latest article where he claims anonymity and Bitcoin don't go together.
We announce our plans to drop support for the C29 algorithm in favor of C31 for the MWC Mainnet launch.
A discussion of Mimblewimble and how through the darkness of it's strong privacy and fungibility guarantees, it can "bring us into the light".
We have received several questions about whether or not signing the message that is given to you to prove ownership of Bitcoin in order to register for MWC is safe. I wanted to write a up a quick article to explain why we choose the format we use and how there is nothing to worry about.
Our movement, in addition to helping evolve the Mimblewimble protocol for future incorporation into Bitcoin is also about exposing and replacing a failed and corrupt political movement within the Bitcoin community.
We announce the launch of the MWC Block Explorer for the test net at http://explorer.mwc.mw along with a demo video.
Update about the release of the mwc713 wallet and accompanying demo video. We support all major platforms (Windows, Mac, Linux).
Wanted to write a quick article to mention a video that I published earlier today: https://www.youtube.com/watch?v=mo6Be1Hjtic
Earlier today, we checked in code that will make secure offline storage of MWC possible. As it stood in grin (which MWC forked from a few months back), there was no way to submit a transaction from an offline wallet.
Short Article mentioning some details about the upcoming launch of MWC registration and features we are working on.
As we announced on April 3, the MWC testnet was launched. Since then, everything has been running smoothly. Blocks have consistently been coming in and the rewards are decreasing (as expected)...
In 2014, Tim Draper famously predicted Bitcoin would rise to $10,000 by the end of 2017. He was right, almost down to the week. Now he’s calling for $250,000 by 2022. So, why was he right in 2017? Well, I think a lot of it had to do with the resolution of the scaling debate...
Since we launched the MWC project, we have learned a lot. Initially, we thought we would just do a fork of grin, change the supply schedule, write in the airdrop code and launch it (by the way, that is also a lot of work to do)...
’m not a doctor, but I think I can safely diagnose the Bitcoin Community with Bitcoin Metathesiophobia (or fear of change). And who could blame them? After the agonizing multi-year scaling debate...
Last night BIP 137 was merged into the Bitcoin BIPs repository. You can see it here. This BIP documents a standard signature format used in the field today...
When Tom Elvis Jedusor released the Mimblewimble whitepaper on July 19, 2016, he didn’t mention the Lightning Network. The Lightning Network whitepaper had been released...
Yesterday, I wrote about why I was dedicating my time to the MWC project and one of my followers decided to unfollow me. On twitter people...
Over the last few weeks, I’ve written several articles talking about the implications of a maturing Mimblewimble protocol for the cryptocurrency ecosystem...
I recently wrote that Bitcoin’s next major upgrade cycle will center around Mimblewimble and will bring tremendous value to Bitcoin itself and the ecosystem. I’ve thought more about how...
I recently wrote that Bitcoin’s next major upgrade cycle will center around Mimblewimble and will bring tremendous value to Bitcoin itself and the ecosystem. I’ve thought more about how this scenario might play out and wanted to share my thoughts.
Bitcoin has a problem. It doesn’t scale. Every transaction that is ever sent must be stored forever. Yes, think about that. If Bitcoin becomes a global reserve currency it will last over 100 years. So 100 years from now, the world will be downloading every coffee purchase, satoshi dice roll...