• bitcoin

    Bitcoin (BTC)

    $ 3,957.93 0.73%
  • ethereum

    Ethereum (ETH)

    $ 147.39 1.85%
  • ripple

    XRP (XRP)

    $ 0.328685 1.41%
  • bitcoin-cash

    Bitcoin Cash (BCH)

    $ 145.16 1.51%
  • eos

    EOS (EOS)

    $ 3.85 7.37%


MimbleWimble: History, Technology, and the Mining Industry

Quick Take

  • Two privacy-oriented currencies based on the MimbleWimble protocol are pushing out January 2019 launches.
  • Both make a number of trade-offs in design decisions, with Grin focusing on a bottom-up “fair launch” and BEAM taking the route of Zcash and other projects in its formal foundation structure.

A historical overview of MimbleWimble, Grin, & BEAM

MimbleWimble, a blockchain protocol focused on fungibility, privacy, and scalability, was released in the wild in July 2016 on IRC channel #bitcoin-wizards by pseudonymous Tom Elvis Jedusor. The paper proposed a novel way of combining transactions to improve the privacy features in a public blockchain.