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MimbleWimbleCoin

MWC

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About MimbleWimbleCoin

MimbleWimbleCoin (MWC) is an implementation of a blockchain protocol called Mimblewimble. MimbleWimble provides privacy and scalability by verifying that all transactions are valid without storing the entire chain history. The mission of MWC is to match and exceed every other traditional currency in the market to produce good and qualitative currency.

As per the whitepaper, Bitcoin set the standard of digital currency in the market. But Bitcoin lacks a few of the key characteristics of a sound currency. MimbleWimble technology was created to solve privacy and convertible deficiencies while also providing good network scalability. MWC uses Confidential Transactions at the core of its design, which means that all the amounts are blinded. 

The main idea behind Confidential Transactions is it proves that the sum of the input amounts minus the output amounts to zero. All transactions within MimbleWimble keep the data about the sender, receiver, and amount private. Each MWC is fungible as it does not have a unique transaction history recorded on a public ledger. Fungible means something (such as currency or a commodity) is of such a nature that another equal part may replace one part or quantity.

MWC offers scarcity, fungibility, security, scalability, and privacy. The MWC development team strives for technological and economic innovation in order to maximize the MimbleWimble protocol's benefits. The MWC team has created a functional GUI (graphical user interface) wallet and developed a method for secure offline cold storage of MWC. The team also completed an MWC/BTC atomic swap and is investigating the development of a mobile node (point of intersection within a network). An atomic swap is a transaction in which coins from different blockchains are exchanged.

The MWC network launched in November 2019. The whitepaper was released on July 19, 2016. MWC has a maximum supply of 20,000,000 coins.

Market

Brazil Market Stats

Market cap

R$856.4M

Volume (24h)

R$10,962.19

Circulating supply

11.0M MWC

All time high

R$178.75

Price change (1h)

+0.42%

Price change (24h)

-7.96%

Price change (7d)

-3.51%

Brazil News about MimbleWimbleCoin

BeInCrypto • May 01, 24

BlackRock Sets New Standard in Tokenization of Real World Assets With BUIDL’s Success

BlackRock's BUIDL fund, recently launched and tokenized on blockchain, has quickly surpassed Franklin Templeton's BENJI, marking a significant shift in asset management.The post BlackRock Sets New Standard in Tokenization of Real World Assets With BUIDL’s Success appeared first on BeInCrypto.

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The Block • May 01, 24

‘Don’t forget about’ last cycle’s hot investment categories, says Volt Capital’s Soona Amhaz

Volt Capital managing partner Soona Amhaz explores the trends shaping crypto's venture market, including memecoins.

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BeInCrypto • May 01, 24

Internet Computer Accelerates Global Expansion Following Massive ICP Global Community Townhall

ICP Global Community Townhall hosted on “X” which drew an audience of over 1.5 million attendees, Internet Computer (ICP) has announced ambitious plans for global adoption. Building on its momentum from a year of remarkable growth, Internet Computer unveils its groundbreaking “ICP HUBS” adoption ...

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BeInCrypto • May 01, 24

Horizon Protocol Futures Testnet Now Live!

Horizon Protocol reaches the final stage of development before the mainnet release!  This latest version introduces the Horizon Futures Account Management System that will enable new essential functionalities such as conditional orders (limit, stop, take profit, stop loss), cross market margin ma...

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Unchained • May 01, 24

Crypto’s New Hype Sector? TVL in RWA Protocols Nears $8 Billion

A new wave of adoption in the form of Real World Asset (RWA) tokenization could drive the next leg of the crypto market, as protocols catering to this section of the industry gain momentum. Data from Messari shows that RWA protocols have seen their Total Value Locked (TVL) surge 60% ...The post C...

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BeInCrypto • May 01, 24

This Is How Ripple (XRP) Whales Are Initiating a Recovery

XRP price is potentially poised to bounce back with the support of the whales who have been accumulating at low prices, looking to book gains.The post This Is How Ripple (XRP) Whales Are Initiating a Recovery appeared first on BeInCrypto.

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MimbleWimbleCoin is on the decline this week.

The price of MimbleWimbleCoin has increased by 0.42% in the last hour and decreased by 7.96% in the past 24 hours. MimbleWimbleCoin’s price has also fallen by 3.51% in the past week. The current price is R$78.28 per MWC with a 24-hour trading volume of R$10.96K. Currently, MimbleWimbleCoin is valued at 56.21% below its all time high of R$178.75. This all-time high was the highest price paid for MimbleWimbleCoin since its launch.

The current circulating supply of MimbleWimbleCoin is 10,953,868.857 MWC which means that MimbleWimbleCoin has as total market cap of 10,953,868.857.

FAQ

What is the current price of MimbleWimbleCoin?

We update our MimbleWimbleCoin to BRL currency in real-time. Get the live price of MimbleWimbleCoin on Coinbase.

What is the market cap of MimbleWimbleCoin?

The current market cap of MimbleWimbleCoin is R$856.38M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MimbleWimbleCoin?

The all-time high of MimbleWimbleCoin is R$178.75. This all-time high is highest price paid for MimbleWimbleCoin since it was launched.

What is the 24 hour trading volume of MimbleWimbleCoin?

Over the last 24 hours, the trading volume of MimbleWimbleCoin is R$10.96K.

How many MimbleWimbleCoin are there?

The current circulating supply of MimbleWimbleCoin is 11 million.

Can I buy MimbleWimbleCoin on Coinbase?

No, MimbleWimbleCoin is not currently available on Coinbase, but you can sign up to get the latest news on MimbleWimbleCoin and be notified when it gets added to our exchange.