It’s late Monday night, and HotBit just listed MWC/BTC. Very exciting, though it will be VERY thin until the airdrop commences December 11th. The reason being, the only coins outstanding now – aside from the PR/Dev Fund, which is decidedly NOT for sale – are the roughly 27,000 MWC mined since MainNet launched two days ago.
That said, trading launched without a hitch – and since HotBit has no KYC requirements, withdrawal limits or citizenship bans; and is the leading trader of Grin and Beam; I couldn’t be more pleased that it is MWC’s first exchange partner.
Amongst the numerous reasons to own “MimbleWimbleTrinity” coins MWC, Grin, and Beam, is the ONLY reason (at times) supported by Bitcoin maximalists – which is, a “Bitcoin Testnet.” That said, it’s a far different kind of TestNet than, say, Litecoin implementing SegWit before Bitcoin – because Bitcoin cannot adopt MimbleWimble without a hard fork. And no, Litecoin’s MimbleWimble “extension block” plans are not a MimbleWimble testnet – as unless it’s a first layer implementation, it’s not actually MimbleWimble.
For the BTC holders receiving MWC FREE – not to mention, subsequent MWC HODL rewards – holding MWC is the perfect “privacy debate hedge.” And as well, a real-time TestNet of how MWC works – in case, as Lead Dev Chris Gilliard expects, a powerful movement arises in Bitcoin, down the road, to implement it.
Ultimately, the entire crypto space is at the mercy of the Bitcoin bear market that refuses to confirm its inevitable end – but with every possible FUNDAMENTAL factor flashing green, it’s just a matter of time…particularly, now that the halving is less than six months away.
And when it does, attention will turn to what the future holds for a GROWING crypto space – starting with the privacy, fungibility, and scaling improvements so badly needed, that right now MimbleWimble appears to be, by far, the best solution for.
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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