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30439175 No.30439175 [Reply] [Original]

Addressing the FUD edition.

>What is MimbleWimble?
MimbleWimble is a blockchain design that preserves the integrity of the transaction ledger without storing any historical transaction data.
>Why mimblewimble?
MimbleWimble is able to achieve Monero like privacy with scaling ADVANTAGES instead of scaling costs.
The size of the MimbleWimble blockchain scales with unspent outputs which you can think of as roughly analogous to scaling with how many users are using it rather than how long it has been in use.
>What projects are currently using MimbleWimble?
Right now I am aware of Grin, Beam and "MimbleWimble Coin". Supposedly litecoin may be coming out with a MimbleWimble sidechain in the future.
>Why mention Grin in the Subject specifically?
Grin is the Bitcoin of MimbleWimble. It is minimalist, fast and lightweight. Crowed funded entirely with donations. No ICO funny business of any kind. No corporate organization. Completely novel code written totally from scratch. MimbleWimble coin I think is just a fork and beam is a corporate style thing that minted themselves 20% of the currency supply.
>Why I am bullish on grin:
Grin is currently ranked higher than #500 according to coingeko. I'm not saying it should be top 5, I'm not even saying it should be top 20. But this project has some of the most competent and serious devs in this space and a development warchest of over $5million in bitcoin. #500+ is a joke for a project this cool and even a move into ranking #100 would be 15x.

Some resources:
MimbleWimble & Grin whitepapers: https://github.com/mimblewimble/docs/wiki/A-Brief-History-of-MimbleWimble-White-Paper
MimbleWimble complete Beginner’s Guide: https://boxmining.com/mimblewimble/
MimbleWimble Explained: Privacy is a MUST: https://www.youtube.com/watch?v=JIwX9cEoAXw
MimbleWimble with Andrew Poelstra: https://www.youtube.com/watch?v=aHTRlbCaUyM
Grin website. http://grin.mw
The best exchange: http://tradeogre.com

>> No.30440077

looks like grin finally bottomed out after 2 years at $0.45

>> No.30440318
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30440318

>>30440077

>> No.30440360
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30440360

>>30440077
I bet some of my money on it.
I was interested in this project from the beginning, donated to the development fund infact, but was trying to see a bottoming out before I bought in.
I think now is the time.

>> No.30440615

>>30439175
>The best exchange: http://tradeogre.com
Based

>> No.30440652

>>30440360
i remember when it was released the biggest complaint was the token release schedule and how selling pressure would last for some time. haven't followed up since then and do not know the release schedule. i do know some huge bitcoin og whales have funded the project with ancient bitcoins. maybe now is the time, lets see if the bull run can lift it up a lil

>> No.30440900
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30440900

>>30440652
Very similar thought process to myself.
Though I was willing to take a risk on buying before it even started to lift off.
I was pretty early in bitcoin. (around $30)
And pretty early in monero. (around $3)
But just once I would like to REALLY buy the bottom.

>> No.30441898

Should have called this comfy edition.
The fud was wild last time.