Crypto evolves more rapidly than any asset class ever has, as it is so nascent and crude, with infinite possibilities – and thus, massive upside potential. However, legitimate challengers to original, incumbent coins have been few and far between – as to date, essentially all new technology has been weaker…or, in many cases, carbon copies of existing protocol.
To wit, Bitcoin easily defeated BCash and BSV in the “scaling wars” because big blocks are not a superior technological solution to SegWit plus second layer solutions. It is also the reason that despite all the hype about “platforms” like EOS and Cardano, NO ONE uses them for anything but speculation – causing Ethereum’s dominance of that space to increase.
Frankly, it’s a testament to how financially immature the crypto space still is, that anyone actually thinks these also-rans – in most cases, plain old pump and dumps – have any chance of justifying their (still) ridiculously high valuations.
Which is why it’s so novel, and exciting to see a technology SO superior to current protocols, it MUST garner a material crypto market share in the coming years; i.e., MimbleWimble. To wit, it is FAR more scalable than Bitcoin – and orders of magnitude more so than Monero; with as much privacy and fungibility as any cryptocurrency.
Yet, due to the incredible amount of FUD, ignorance, and misinformation spread about it – mostly from Bitcoin maximalists, who FEAR what they should EMBRACE – the cumulative valuation of “MimbleWimbleTrinity” coins MWC, Grin and Beam, is barely 20% of the completely useless “privacy coin” ZCash, and just 5% of Monero.
In technology, the goal is to invest in the “next great thing” – and in crypto, not only is MimbleWimble just that, but it is the FIRST significant technology breakthrough since Bitcoin and Ethereum themselves.
This, at a time where investors are still in the deer in headlights stage due to a second brutal bear market in two years – and thus, more fearful than ever of altcoins, to the point of capitulation; i.e., the value investor’s best friend.
The MWC airdrop registration ended July 19th; MainNet launched November 11th; and airdrop claims commenced December 2nd, ending January 2nd…at which point, details of the “MWC HODL” rewards program will be announced. A total of 148,474 Bitcoin registered – roughly 1% of the entire BTC float - yielding an MWC/BTC ratio of roughly 40.41…and currently, it trades at HotBit.io. For more information, please check out the MWC website, Discord room, Twitter feed, and Telegram Forum.
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