Anonymous ID: 12277e Jan. 21, 2019, 8:37 a.m. No.4847147   🗄️.is đź”—kun   >>7339

Behind MimbleWimble

The head scratching tech that has the crypto industry abuzz

Go to the profile of Jordan Clifford

Jordan Clifford

Nov 28, 2018

“Mimblewimble, which prevents your opponent from accurately casting their next spell.”

— Gilderoy Lockhart [src]

Few ideas within crypto have garnered as much attention as the MimbleWimble proposal. It gets its name from the incantation of the Tongue Tying Curse in the Harry Potter universe, a spell used to prevent speaking on a certain topic. MimbleWimble is a novel protocol that works to improve privacy and scalability for its users.

 

It was first proposed to the #bitcoin-wizards IRC channel on August 1st, 2016 by pseudonymous author Tom Elvis Jedusor (Voldemort’s real name in the French Harry Potter). The original proposal is a succinct one. MimbleWimble takes the main architecture of Bitcoin, removes script, adds Confidential Transactions and the idea of cut-through and the result is a highly compressible and opaque blockchain.

 

continued:

https://medium.com/@jcliff/behind-mimblewimble-cd9da78a00e9