2/01 ANDY HOFFMAN (CryptoGoldCentral.com): OFFICIAL LAUNCH OF The MimbleWimbleCoin BTC Airdrop – A/K/A “MWC”
When I started CryptoGoldCentral.com 16 months ago, its mission statement was to educate investors about the evolving cryptocurrency space – particularly Bitcoin, the focal point of the crypto universe.
I was never a Bitcoin “maximalist,” but given my risk/reward profile; and, at the time, an extremely undeveloped altcoin market; the only cryptocurrency I held, and recommended, was BTC. However, as I wrote mere days after CGC was launched, I ultimately expect “trillions to enter the crypto space – perhaps, half in Bitcoin.” The reason being, I wasn’t anticipating a mere “Bitcoin Revolution”; but instead, a Digital Age - in which, today’s increasingly archaic financial status quo is replaced.
Barely a year later, the sector has had an epic price explosion and collapse. Irrespective, the crypto genie is out of the bottle - as unquestionably, technological innovation hasn’t even paused.
At CGC, I abandoned the blog as my primary revenue stream last year; choosing to make it free, whilst I focus on cryptocurrency consulting - for individuals, and promising current or yet-to-be-launched altcoins. That said, I have been very discerning in what I support, given strict investment parameters and my strong belief that, amidst thousands of altcoins, only a handful have viable, defensible, long-term use cases.
I have spent much time supporting BRhodium – not as a “client,” but holder of a Bitcoin airdrop I not only received, but grow to believe in after watching its development team build something I expect to be around, and useful, for a long time. I am proud of what I have accomplished there, and expect BTR (now, XRC) to have a bright future.
Since then, I have had numerous offers to participate in altcoin projects – none of which, I had the slightest interest in. I didn’t know what would (inevitably) interest me – only, that when I saw it, I’d know. Which brings me to MimbleWimble, the revolutionary blockchain technology I’ve heard much about in the past year, as a potential resolution to Bitcoin’s most pressing long-term issues - scalability, privacy, and fungibility.
SegWit’s implementation received much hype – unquestionably, the principal catalyst to the epic crypto bubble. However, 17 months later, it remains unclear if the Lightning Network and other SegWit-enabled technologies have the ability to scale Bitcoin as hoped – let alone, in a reasonable time frame. Moreover, SegWit doesn’t solve the privacy limitations that are becoming more openly acknowledged - and in turn, the fungibility weakness a lack of privacy exposes.
This is why MimbleWimble is so exciting – as essentially, it is a blockchain with no send or receive addresses, that does not require the downloading of the entire blockchain history to validate new transactions. In other words, a blockchain that is private, scalable, and fungible – which practically speaking, cannot be implemented in Bitcoin – certainly, any time soon.
MimbleWimble, named for a tongue-tying curse in the Harry Potter series, got much airtime on leading crypto media channels – like the World Crypto Network - as an exciting new technology that had yet to be perfected. However, it has now reached commercial viability – whilst Bitcoin is struggling with the aforementioned technological limitations. Not to mention, the SHA 256 Hash Wars that commenced in November, when Craig Wright launched Bitcoin-SV.
MimbleWimble is still nascent, but two MW blockchains have been launched, Grin and Beam – to much, well-deserved hype. To that end, amidst the wasteland that has been the crypto space in recent months, Beam may be the best performing cryptocurrency. Thus, supporting the view that there is a growing faction that believes Bitcoin either NEEDS MimbleWimble to scale; or will, irrespective, lose significant market share to chains utilizing it.
That said, I do not view Grin and Beam to be attractive INVESTMENT opportunities – as Grin has an unlimited supply, whilst Beam is a corporate coin (the “Ripple of MimbleWimble”) with a lifetime cap of 263 million. Consequently, I was approached by a team seeking to fork the open-sourced Grin code to create a new coin – with a small, limited lifetime cap; an in-kind crypto-dividend; and distribution via a free airdrop to Bitcoin holders.
In a very short period of time, a top-notch team of coders, financiers, and marketing specialists has been assembled – enabling us to launch today, what I believe will be one of leading cryptocurrency investments of the coming years…MimbleWimbleCoin. Or, as I expect it to be more commonly referred to, MWC.
As of today, you can view our website…
…Twitter handle…
…and White Paper…
https://www.mwc.mw/mt-content/uploads/2019/02/mwc_whitepaper_5c53d4c86fd04.pdf
The White Paper discusses MWC in great detail – including the current roadmap. In which, we plan to commence the Bitcoin airdrop April 20th, in a three-month process culminating in a July 19th snapshot date; i.e., three years to the date of the initial, pseudonymous MimbleWimble White paper launch.
Tomorrow, I will be appearing on Adam Meister’s show to discuss MWC more thoroughly; and in the coming weeks, the MWC team will be releasing more information about our plans, to make MimbleWimbleCoin the go-to investment in the burgeoning MimbleWimble space. Shortly, we will have a Discord chat room up and running – but for now, you can contact us at [email protected].
Stay tuned, as Bitcoin airdrop registration begins April 20th, ahead of the July 19th snapshot. For more information, please check out the MWC website.