Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 19/11/2019, 04:00:21 UTC
Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry

Good thing that Mimblewimble and BTC are not the same thing.  In other words, fuck that shit coin.   Tongue Tongue
As I understand, mimblewinble is not a coin but privacy developments which were interesting as it related to Bitcoin's development and likely to be on a prudent speculator's radar no?  Especially considering Bitcoin's privacy design?  

Edit: Thanks for the link @rdbase  snicker, mimblewimble.  Bunch of candy bar eating nerds making these up?  Grin

Maybe mimblewimble will have some technologies that fold into bitcoin?  There are also privacy developments that seem to exist through lightning network, Schnoor signatures and taproot, to my understanding. 

I do recall some tokens being issued related to mimblewimble, grin which had been a change of plans, when originally they were going to build on bitcoin, they later decided to create and launch some tokens.

So yeah, I am not sure how "prudently" connected are such projects, and of course, we are going to expect some failures and challenges regarding a variety of these efforts which should cause us to be satisified that they are sufficiently separated from bitcoin, at least currently.