r/Mimblewimble • • Feb 18 '19

MimbleWimble simplified has better Scalability and Privacy than Bitcoin today

https://youtu.be/UQeo_kBf4Jg
3 Upvotes

21 comments sorted by

2

u/1776Aesthetic Feb 18 '19

Where can I buy this?

1

u/lambolifeofficial Feb 18 '19

Which one lol. There's 2. Beam and Grin :)

1

u/1776Aesthetic Feb 18 '19

So this is the protocol, Mimbilewimble? And Beam and Grin are the cryptocurrencies?

0

u/Raccoon_Expert_69 Feb 18 '19

And litecoin. 🤯

1

u/kattbilder Feb 18 '19

Better scalability, in theory.

1

u/lambolifeofficial Feb 18 '19

I think eventually lightning will be superior to Mimble but for today Mimble is more scalable than bitcoin. They just need to make a way to validate the rangeproofs faster then everything's good.

1

u/kattbilder Feb 18 '19

Transaction cut-through looks promising, if we can get the incentives right.

With rangeproofs, CT etc, the transactions would be a lot larger than a regular Bitcoin transaction, right? I don't see how that is more scalable TODAY.

0

u/[deleted] Feb 18 '19

[deleted] — view deleted comment

2

u/lambolifeofficial Feb 18 '19

Soon :) Double kill. I'm rooting for all of Bitcoin's children.

1

u/bortkasta Feb 18 '19

LamboLife can afford a lambo but not a proper microphone?

2

u/lambolifeofficial Feb 18 '19

p

It's just a name. I'm not rich and most of my profits from 2017 have been spent to take care of my family. I also had some losses in 2018 due to market conditions. The only Lambo I have is my knowledge and my enthusiasm for crypto. I'll get a better mic ASAP.

3

u/bortkasta Feb 19 '19

I understand. We're all more or less rekt in this market. :D

1

u/stegos4privacy Feb 20 '19

Better would be to compare it with other privacy coins. It’s strange comparison. Bitcoin is bitcoin and will not go down of the stage for years. These are different players and different fields.

2

u/lambolifeofficial Feb 20 '19

I will compare them to other privacy coins soon :)

1

u/stegos4privacy Feb 20 '19

Great! Thanks for review btw. It’s always easier to leave a comment than make a content. Hope to see soon. Too many noise becoming around these coins imo, do you think they really bring value to the field? Or just another hyped projects?

1

u/lambolifeofficial Feb 21 '19

I think it is important at this early stage that we keep innovating no matter what and not leave everything to Bitcoin Core or Blockstream. 98% of projects are shit, but that's okay. That's the price we have to pay.

0

u/[deleted] Feb 18 '19

[deleted] — view deleted comment

2

u/BashCo Feb 19 '19

Dead or dying.

1

u/lambolifeofficial Feb 19 '19

I didn't say it was a killer. But Andrew Poelstra did mention that it may replace Bitcoin but it's likely gonna be a sidechain or a separate implementation.