Yesterday, an EXTREMELY misleading; for all intents and purposes, FUD-filled article, titled “breaking MimbleWimble Privacy Model; was published on Medium, mere hours before MWC listed on HotBit.
It has already been refuted in great detail by the Grin developers - and Charlie Lee, who is deeply involved in MimbleWimble development. And now, one of the industry’s leading MimbleWimble experts, MWC Lead Dev Chris Gilliard, has published his official response. This, after discussing it in detail at the beginning of our podcast yesterday.
I won’t rehash his conclusions here, as you’ll understand it best in his own words. But suffice to say, MimbleWimble has not been broken – nor will it be. To that end, it is not even a “privacy coin,” per se – but instead, a FAR more scalable blockchain protocol than anything around today…that just happens to be FAR more private, and fungible.
The MWC airdrop registration ended July 19th and MainNet launched November 11th – with airdrop claims scheduled to commence December 11th. 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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