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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

Singapore Market Stats

Market cap

S$222.8M

Volume (24h)

S$2,611.85

Circulating supply

11.0M MWC

All time high

S$46.95

Price change (1h)

+1.23%

Price change (24h)

-11.28%

Price change (7d)

-7.36%

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MimbleWimbleCoin is on the decline this week.

The price of MimbleWimbleCoin has increased by 1.23% in the last hour and decreased by 11.28% in the past 24 hours. MimbleWimbleCoin’s price has also fallen by 7.36% in the past week. The current price is S$20.34 per MWC with a 24-hour trading volume of S$2.61K. Currently, MimbleWimbleCoin is valued at 56.68% below its all time high of S$46.95. This all-time high was the highest price paid for MimbleWimbleCoin since its launch.

The current circulating supply of MimbleWimbleCoin is 10,953,859.207 MWC which means that MimbleWimbleCoin has as total market cap of 10,953,859.207.

FAQ

What is the current price of MimbleWimbleCoin?

We update our MimbleWimbleCoin to SGD 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 S$222.76M. 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 S$46.95. 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 S$2.61K.

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.