MimbleWimbleCoin (MWC) is a cryptocurrency native to the Mimblewimble protocol. It’s a pure proof of work-based crypto on the Mimblewimble blockchain, which boasts greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use Gregory Maxwell’s CoinJoin, with CTs and signature aggregation. What Makes Mimblewimble Unique?MW is unique for its implementation of CTs. There are no addresses on Mimblewimble. Instead, blind factors are used to connect two parties in a transaction. These factors are shared between the two parties only, and no outsider has access to them. If necessary, they can be used as proof of ownership later on. Blind factors are used to encrypt the inputs/outputs of transactions and the private/public keys of transaction participants. The blocks only contain information about how many coins are in the remaining inputs or outputs chain. The signatures are also available to ensure validity. Individual transactions — such as “Person A sends 1 BTC to Person B” and “Person B sends 1 BTC to Person C” — can no longer be viewed after completion. What Can Mimblewimble Coins Be Used For?By design, MimbleWimbleCoin is meant to obfuscate any cryptocurrency transaction in order to make it private and untraceable. Since the Mimblewimble blockchain is highly scalable, it improves usability and privacy for crypto users. MWC is also used to reward miners for validating transactions and keeping the network safe.
What Is a MimbleWimbleCoin (MWC)?
Discover a pure proof of work-based crypto on the Mimblewimble blockchain, which boasts greater network scalability, privacy and fungibility than legacy blockchain protocols.


