Questions tagged [mimblewimble]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
4 votes
1 answer
378 views

Transaction creation process is not non-interactive(Mimblewimble)?

I have read Mimblewimble paper. Certainly, Transaction merging process is non-interactive. However, Transaction creation process seems to be not non-interactive. To create transaction, a sender must ...
0 votes
1 answer
174 views

Litecoin implemented MimbleWimble extension blocks. Will Bitcoin adopt this privacy upgrade?

Litecoin is a good real world testcase for upgrades into Bitcoin. With the recent announcement of MimbleWimble extension blocks for privacy on LTC. Will Bitcoin adopt such a feature and what would ...
6 votes
1 answer
440 views

How does Mimblewimble's security model compare to Bitcoin's?

In addition to scaling, privacy, and scripting differences Mimblewimble also differs in its security model. How does Mimblewimble's security model compare to Bitcoin's? Specifically: How well will ...
1 vote
2 answers
120 views

MimbleWimble on Bitcoin

As you know the Litecoin implementation of MimbleWimble on extensions blocks is already running on testnet. They will go mainnet in a year. I think this could be a great improvement for Bitcoin. We ...
1 vote
2 answers
644 views

What consensus algorithm is MimbleWimble/Grin using? Does it use Zero Knowledge Proofs as well?

Understand that MimbleWimble/Grin is privacy centric. Does it use Zero Knowledge Proofs to achieve the privacy goals? In addition, what consensus algorithm is MimbleWimble/Grin using?
0 votes
1 answer
202 views

Bitcoin privacy - current state of privacy BIPs - is mimblewimble broken?

Community, what is the current state of privacy related BIPs? Anything on the roadmap by core devs to be deployed on main chain within the next year? IF yes, could you link me to this BIP(s)? And ...
0 votes
0 answers
33 views

What happens if a mimblewimble transaction gets combined into two different transactions before being posted?

Let's say a couple people create Transaction A and instead of dandelioning it to just one person, they dandelioned it to 2. Let's say further than transaction A then gets combined with transaction B (...
5 votes
3 answers
1k views

What is the reasoning for Grin's high inflation rate?

According to an interview with Yeastplume on What Bitcoin Did, Grin is going to have a flat reward schedule of 60 grin per block at one minute blocks. This translates to an annual inflation of 100% in ...
2 votes
1 answer
114 views

How could an inflation bug be spotted in grin?

Looking at the transactions within the block explorer I can't see any transaction amounts. How could an inflation bug be detected if all transactions are private?
1 vote
2 answers
120 views

Who is funding the Beam mimblewimble development team?

Since there is no-premine with the Beam mimblewimble project. How and who are funding their development?
1 vote
2 answers
176 views

Mimble Wimble chain privacy

Does Mimble Wimble automatically perform transaction cut-through, or is one able to retain a record of every single transaction (the entire blockchain) if they choose to?
2 votes
2 answers
379 views

What are the differences from the 2 main mimblewimble implementations, BEAM vs GRIN?

Beam is being released tomorrow, but Grin has not yet. What are the main differences from these 2 mimblewimble implementations?
-1 votes
1 answer
1k views

What is the total supply and mining rewards of the BEAM mimblewimble cyptocurrency?

Beam is a implementation of the mimblewimble paper. The mainnet launch is happening tomorrow (jan-3). What is the total supply and mining block rewards for Beam?
0 votes
1 answer
80 views

How does mimblewimble protect the chain state?

I have recently learned about some concepts of mimblewimble. I heard that in a mimblewimble implementation, the blockchain history is not kept. Does that mean that all blocks that include the hashes (...
10 votes
2 answers
300 views

Why does script need to be purged from transactions for mimblewimble to work?

What is the compatibility problem between script and mimblewimble usage on the main chain? Is there a way that Bitcoin can adapt to allow both mimblewimble and features like multi sig, atomic swaps ...
5 votes
1 answer
266 views

How does MimbleWimble avoid transaction graph leaks?

Now, creating transactions in this manner supports OWAS already. To show this, suppose we have two transactions that have a surplus k1*G and k2*G, and the attached signatures with these. Then you ...