For the MWC development team, activity has never been more intense, or focused – as the long-awaited MainNet launch approaches, with the Genesis block scheduled for Monday at 9:00 AM UTC.
Which, when it arrives, will mark the end of the FIRST STAGE of development – of a coin that will become extremely active and well-known, amidst one of the most active crypto sectors…MimbleWimble. MW is unquestionably, the most revolutionary technology since blockchain itself – which is why “MimbleWimbleTrinity” coins MWC, Grin, and Beam are likely to receive a disproportionate amount of investor attention in 2020, and beyond.
Initially, Lead Dev Chris Gilliard’s vision was to simply create an investable MimbleWimble coin – as opposed to Grin and Beam, whose supplies rise exponentially (and in Grin’s case, infinitely); and incentivize the Bitcoin community to support it, by distributing it via a free BTC airdrop and paying a regular, in-kind "MWC HODL" reward.
However, in the process of building MWC, it has actually become a, if not THE, leading platform for MimbleWimble development – as evidenced by the revolutionary GUI wallet the team will shortly introduce, and the sector’s first “cold storage” system. Not to mention, the trading market MWC’s engineering team is actively developing, featuring futuristic trading methods like atomic swaps.
Whilst all this frenzied, productive development has occurred, the MimbleWimble space has drawn a significant amount of attention – with many top Bitcoin developers joining its ranks.
To that end, between MWC, Grin, and Beam, MimbleWimble protocol has exponentially advanced in less than a year’s time – as not so silently, the crypto community has started to acknowledge a “privacy debate” is inevitable; which, when it occurs, will favor MimbleWimble, because it is more private, fungible, and scalable than current blockchain (and privacy) protocols.
This, as the Bitcoin bear market appears to have ended – with hash rate hovering around record highs, amidst a global monetary system in shambles; as the May 2020 halving looms just six months hence.
In other words, the perfect environment to launch a coin with the potential to become a household name – of which, 30% of its lifetime supply of 20 million coins is being handed to BTC holders, who will receive another 10% in “MWC HODL” rewards for simply holding on to it.
Yesterday, Chris published a new update for prospective miners (like all publications, archived at www.mwc.mw) – and sometime this weekend, will post another comprehensive update of where the project stands ahead of Monday’s MainNet launch.
Remember, airdrop claims are not scheduled until December 11th - or sooner, if MainNet launch goes smoothly; at which point, it is our goal to be listed on one or more exchanges - though we can’t promise anything, given the amount of uncontrollable variables in the negotiation and integration processes.
Irrespective, airdrop registrees should embrace the “calm before the storm” – as just FOUR DAYS hence, one of the most impactful; and possibly, popular; coins, MWC (i.e, “MimbleWimbleCoin”); will be launched!
The MWC airdrop registration ended July 19th, with MainNet launch scheduled for November 11th, 2019, and claims on December 11th, 2019. A total of 148,474 Bitcoin registered – roughly 1% of the entire BTC float - yielding an MWC/BTC ratio of roughly 40.41. For more information, please check out the MWC website, Discord room, Twitter feed, and Telegram Forum.