Bitcoin Forum

MWC Fact Sheet:

Airdrop registration begins: April 20, 2019
Airdrop registration ends / Snapshot date: July 19, 2019
Supply Cap: 20.0 million
POW Algorithm: Cuckoo Cycle POW
Development and PR: 2.0 million MWC (50% Public Relations/Marketing, 50% Development)
Each Bitcoin UTXO can register for the Airdrop, with the exact ratio of MWC/BTC determined by the amount of Bitcoin UTXO’s registered – so that ultimately, exactly 6.0 million MWC, or 30% of the lifetime supply, are distributed.
MWC will be forked from the Grin code base, with modifications to the supply function and stipulations for the airdrop.
MWC HODL program (details forthcoming) – an in-kind crypto-dividend rewarding MWC wallets with zero negative balance movements over TBD stipulated periods of time
Source code: Open source
How to Participate: Details regarding air drop registration will be forthcoming.
Lifetime Distribution:
50% POW Mining
30% Airdrop
10% Development and PR 10% MWC HODL program
10.0 million MWC 6.0 million MWC 2.0 million MWC 2.0 million MWC

https://www.mwc.mw/

https://discordapp.com/invite/eUNwqf3

https://twitter.com/M_W_Coin

MimbleWimbleCoin (MWC) White Paper - Jan 31st, 2019
Summary:
On July 19th, 2016 the pseudonymous “Tom Elvis Jedusor” rocked the Bitcoin developer community by releasing the “MimbleWimble” white paper [1]. This paper proposed a blockchain with several advantages over Bitcoin:
1.) No addresses, so it is impossible for an observer who is not a participant in a transaction to determine who is sending and receiving coins
2.) Transaction amounts encrypted, so it is impossible for an observer who is not a participant in a transaction to determine the amounts being transacted
3.) Transactions combined such that, in contrast to Bitcoin, the entire history of all transactions is not required to validate transactions
The long and the short of it is, these features provide potential fixes to Bitcoin’s greatest problems: scalability, privacy, and fungibility.
MimbleWimble doesn’t allow the full Bitcoin scripting language, but this “drawback” has been largely mitigated through cryptographic technology advancements. To wit, multi-signature, atomic swaps, time locks, and Lightning Network are all possible on a MimbleWimble-based blockchain. [3]
Shortly after the pseudonymous MimbleWimble white paper was released, Blockstream mathematician Andrew Poelstra took interest in the paper, and wrote his own modified version [2]. Since then, the crypto development community has had time to digest these papers, and it is now widely understood that MimbleWimble has significant long-term potential. Unfortunately, these changes are unlikely to ever be incorporated into Bitcoin, given how complex the process would be; likely, involving a hard fork (though it could potentially be implemented as a sidechain in the distant future).
According to Bitcoin core developer Peter Wuille, “Introducing MimbleWimble into Bitcoin in a backwards-compatible way would be a difficult exercise. It may not be impossible, but it would be hard. Unlike Bitcoin, MimbleWimble does not have a scripting language – which is neat to play with, but has a privacy downside. MimbleWimble, (conversely), has very good privacy at the expense of no other features.”
Given that Bitcoin cannot easily incorporate MimbleWimble, there have been multiple proposals for alternative blockchains utilizing MimbleWimble – most notably, the recently launched Grin [4] and Beam [5] chains. While these are interesting projects, Grin has infinite supply; whilst Beam is a corporate coin, with a lifetime supply cap of 263 million. We consider these features fatal flaws from a store-of-value standpoint – and thus, introduce “MimbleWimbleCoin,” or MWC.
In addition to a fixed, limited supply, MWC seeks to optimize the potential return for holders by using the targeted airdrop model to reward proactive Bitcoin holders, via a process similar to Bitcoin Rhodium’s [6]. In this model, any Bitcoin holder who can prove ownership, via the registration of public, non-zero balance BTC keys, is eligible for the airdrop. Moreover, the MWC HODLing Program rewards holders who, during stipulated periods of time, have zero negative movements from their MWC wallets.
 
We believe the airdrop distribution method - of a MimbleWimbleCoin with a low, fixed lifetime cap and in-kind dividend; will give Bitcoin holders, and those who acquire MWC in the secondary market, the potential to be a superior store of value to Grin and Beam. Moreover, given MimbleWimble’s technological potential, we believe MWC has amongst the highest upside potential in the crypto universe.
The airdrop registration will begin April 20, 2019, and end on the snapshot date of July 19, 2019; i.e., three years from the day the original MimbleWimble white paper was disseminated. Further details will be made available when available.
MWC Fact Sheet:
Airdrop registration begins: April 20, 2019
Airdrop registration ends / Snapshot date: July 19, 2019
Supply Cap: 20.0 million
POW Algorithm: Cuckoo Cycle POW
Development and PR: 2.0 million MWC (50% Public Relations/Marketing, 50% Development)
Each Bitcoin UTXO can register for the Airdrop, with the exact ratio of MWC/BTC determined by the amount of Bitcoin UTXO’s registered – so that ultimately, exactly 6.0 million MWC, or 30% of the lifetime supply, are distributed.
MWC will be forked from the Grin code base, with modifications to the supply function and stipulations for the airdrop.
MWC HODL program (details forthcoming) – an in-kind crypto-dividend rewarding MWC wallets with zero negative balance movements over TBD stipulated periods of time
Source code: Open source
How to Participate: Details regarding air drop registration will be forthcoming.
Lifetime Distribution:
50% POW Mining
30% Airdrop
10% Development and PR 10% MWC HODL program
10.0 million MWC 6.0 million MWC 2.0 million MWC 2.0 million MWC
1 - https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.txt
2 - https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.pdf
3 - https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md 4 - https://grin-tech.org/
5 - https://www.beam.mw/
6 - https://www.bitcoinrh.org/

https://medium.com/@ChrisGilliard/are-you-a-bitcoin-capitalist-or-a-bitcoin-socialist-6d5d41015bda

Why spend 30% of tokens on airdrop?I think it's too much.

We want every BTC holder who registers to receive a decent amount of MWC

Downloaded full node wallet, synchronized with the network, but I can not figure out how to create an address (I remember about the uniqueness of MW addresses). Also downloaded grin-wallet but it can't connect to the node. Is there an instruction for installing/running the wallet under Windows?

Airdrop Complete.

148474.77331775 BTC have been registered.

6 million MWC will be distributed among ~148k BTC.

MWC per BTC will be ~ 40.41.

is there already a way to claim the airdrop? I can only check my balance

MimbleWimbleCoin has launched.

There is a bounty of 2500 MWC for setting up the first pool!

Join Discord for more info

https://discordapp.com/invite/eUNwqf3

MWC is going to get listed in hotbit.io on November 19, 2019.

Details: https://help.hotbit.io/hc/en-us/articles/360038633354-Hotbit-will-launch-MWC-MimbleWimbleCoin-on-November-19th

How to withdraw send coins to the hotbit exchange if I mine solo?

Why do you want to sell now? Are you aware of MWC HODL program?

https://www.mwc.mw/mimble-wimble-coin-articles/why-hodling-mwc-may-be-the-smartest-investment-you-make-especially-because-you-received-it-for-free

Welcome  1st pool.

https://mwc.frostypool.com/

MWC is doing quite well!  8)
https://www.hotbit.io/exchange?symbol=MWC_BTC

How many MWC can I expect today from gtx 1080 ti?
Or solo?

Where can i exchange MWC?

https://www.hotbit.io/

https://www.hotbit.io/exchange?symbol=MWC_BTC

more exchanges?

lots of hoop jumping lots of mistakes possable with their mining and withdraw system , why this stupid wallet option for a coin ? is working with this coin secure at all , isnt it way to easy to lose funds with the withdraw system ?

any exchange?

https://www.hotbit.io/exchange?symbol=MWC_BTC

when will they open a deposit on hotbit?

whattomine just delete MWC mining calculator from website.  :-\  does anyone knows any news when we can to payout mwc from pools?

i can not payout MWC from frostypool and need some help :(

So you open the CLI and Node and direct Frosty's pool to payout to your IP http:XXX.XXX.XXX.XXX ? Then you create the file from your local wallet and take that to TradeOgre...

How do you mine this coin? I tried Gminer with my 2080Ti and the miner just closes.

there's third pool avialable as well: https://singularity-pool.com Pool Fee: 0.75% ~ Min. Payout: 0.1 MWC not bad bitforex https transfers also working fine, it took just 10 minutes to arrive

MWC is fork of Grin, does that mean that if i am grin holder i can get MWC?

Sure, sell Grin and buy MWC.

Interesting price action over the last couple of months, ~$0.60 to ~$30.00 and back to $10ish.
Is that "organic growth", or are P&D 50% pre-mined shitcoins coming back into fashion?

Well, i am watching this one for a while... Any developments to share around here?

Nope, looks like the team so active in telegram and discord group, not so much in this forum. So you can find information right there. If you want to see the activities maybe you can see it through their twitter account, they are quite active there.

This coin has been a huge let down. No point supporting a network you never got paid on. We got bills to pay from the electricity we used supporting you. Fix the hotbit thing.

Could anyone answer how to send coins from frostypool to TradeOrge, please? What is file-wallet?

In order to move coins to an exchange like TradeOgre (which only accepts file deposits) you need to withdraw to a local wallet first, before moving them to the exchange.  You can find the Qt wallets for MWC here (Windows, Mac or Linux): https://github.com/mwcproject/mwc-qt-wallet/releases

After you've received the coins in your local wallet you can create a (file) transaction to make a deposit on for example TradeOgre.

Thanx

This guy is a scammer. BE WARNED.

a good way to open and close the airdrop so only your people can make it. scam

Pacific MWC Mining Pool

See link in profile  :P

Features

• CuckCuckAToo-31 And CuckARood-29 Support
• PPLNS Payout Scheme With Transparent Statistics
• Choice Of Automatic TOR/HTTP Wallet Payouts
• Hourly Payouts
• 0.1 MWC Minimum Payout
• Configurable Automatic Payout
• Individual Miner Dashboard With Complete Account Overview
• Vardiff With Static Difficulty Option
• SSL Mining Port
• Profit Estimator With Historical Results By Algorithm
• Telegram Notifications, Receive An Alert If Your Miner Is Down
• NiceHash Support
• Transparent Payments And Fees
• 1% Pool Fee
• No Registration Required

Support

• Telegram: https://t.me/pacificpool (https://t.me/pacificpool)
• Twitter: https://twitter.com/pool_pacific (https://twitter.com/pool_pacific)
• Medium: https://medium.com/@pacificpool (https://medium.com/@pacificpool)

I read the article https://www.mwc.mw/mimble-wimble-coin-articles/release-of-mwc-node-3-2-3 and I think it is fantastic what you are doing.  when we can expect the release of inbound tor connections?

latest update from MWC
MWC decentralization : distribution of DEV fund and unclaimed airdrop fund
The remainder of the entire DEV Fund, which was created in the genesis block, the HODL rewards that were received by the dev fund which account for about 30% of the coins that were in the dev fund, and the remaining unclaimed airdrop fund, will be distributed to equally to all outputs in wallets that are registered as of block 437,000.
read more here
https://www.mwc.mw/mimble-wimble-coin-articles/mwc-decentralization-distribution-of-dev-fund-and-unclaimed-airdrop-fund

correct me if I misunderstand but is this Airdrop available to all MWC wallets that register a signed BTC address? and where is the registration page?

https://wallet.mwc.mw/registration.html?v5
Important: Please read the instructions.

Registration is now closed.

It was a scam from the beginning.

People should avoid premined coins.

It was an orchestrated multi-level scam project mixed with pump and dump scheme.

Im very sorry for people who bought this coin on the pumped peak - they will never get their money back.

I was trying to warn the community on discord but no one wanted to hear me back then - when people wants profit they become argument-proof... But now they see who was right...

Is Grimm    https://www.coingecko.com/en/coins/grimm associated with this? Also if it is, will there be anymore development for Grimm in the foreseeable future?

No, MWC is in no way linked to Grimm. Sorry.

MWC had recently his seventh exchanges! Biki listed MWC : https://twitter.com/bikienglish/status/1364500138597621765?s=21

You can go over there to trade, buy and sell MWC with BTC with no KYC. https://www.biki.com/trade/MWC_BTC

You can have the full list of exchanges who listed MWC on https://coinmarketcap.com/currencies/mimblewimblecoin/markets/

MWC | Current development : Non Interactive Transactions (NIT) on mimblewimble protocol!

For the ease of use, MWC is adopting Non Interactive Transactions (NIT) which is currently in development and should be released at the end of 2021. FYI MWC currently use Interactive Transaction (IT), for most of experienced nerds, those would not pose any problems, but for the vast majority of crypto users who are used to transactions method like Bitcoin, it will! And that's why MWC community decided to develop NIT, it will increase a lot overall the usability of the Mimblewimble protocol while keeping every aspect of scalability and privacy... This is a very exciting features coming soon!

Read more on https://www.mwc.mw/mimble-wimble-coin-articles/non-interactive-transaction-nit-and-stealth-address

MWC and Atomic swap with BTC-BCH-DOGE-LTC-ZEC-DASH

As of right now, the GUI wallets of MWC already support atomic swap with BTC and BCH (very easy and smooth users experience, you should try it). As far I'm aware, there will be soon support release for DOGE-LTC-ZEC-DASH-ETH-ERC20 stable coin and more... Personally, i would like to see the most is MWC/XMR, i'm trying to make it accepted by the community, it would be really nice among all others assets that will be already supported :) By the way, there's already support for MWC/BTC Atomic Swap with segwit and multisig address.

If you are not familiar with atomic swap in general, it means that you can safely make OTC with someone without trusted third-party, it removes the need of escrow, exchanges etc for the prices you wish.
Atomic Swap Marketplace

A decentralized atomic swap marketplace is as well on the planning to reinforce the user experience on atomics swap, it will help to pool all the bids and asks, and let choose the users to have more offers or to look for a candidate in Atomics swap bids&asks channel.


Atomic swap wallet/guide

    - GUI MWC Wallets supporting Atomic Swap : https://github.com/mwcproject/mwc-qt-wallet/releases

    - Guide for atomic swap : https://github.com/mwcproject/docs/wiki/Atomic-Swaps-using-the-QT-Wallet

Developers forum post

    - DOGE-LTC-ZEC-DASH : https://forum.mwc.mw/t/k-progress-update-thread-2021-q1/75/6

    - ETH - ERC20 : https://forum.mwc.mw/t/terry-progress-update-thread-feb-2021/90

    - Atomic Swap Marketplace details: https://github.com/mwcproject/mwc-node/blob/master/doc/distribited_message_pool_and_applications.md#atomic-swap-marketplace

Thoughts on the MWC initial supply

The supply of cryptocurrency can be created in many different ways. For example, it can be purely proof of work mined, a result of a fork, created in a genesis block or other ways. Some people may attach their personal, yet irrelevant to others, moral judgment to the means of supply creation. No matter how the initial and other supply is created the price discovery process must proceed with buyers, sellers and holders participating 24/7/365 in the orderbooks.

Praxeology, the study of human action, does not attach moral judgments to human action or prices. Prices describe past behaviour but future prices are totally dependent on the subjective valuation from individual market participants based on how well they think the good will help satisfy their desires.

With gold the market does not attach personal sentiment to how the stock was created or distributed despite extremely immoral history, like the Spanish conquistadors. Likewise, with Bitcoin the market does not attach personal sentiment to how the stock was created or distributed despite some people thinking it will boil the oceans by using too much electricity and not being ‘green’ enough. If they do not want to buy Bitcoin for that reason, as the meme says, they can have fun staying poor.

Read more https://www.mwc.mw/mimble-wimble-coin-articles/thoughts-on-the-mwc-initial-supply

What are the main difference between GRIN and MWC?

MWC is fork of Grin code base which takes it's own path. I would say MWC is more focused on the usability, privacy than Grin which aim to stay on the minimalism of the Mimblewimble protocol.

I outlined some important difference from my opinion between Grin and MWC in the table below.

	MWC	Grin
Max supply	Limited to 20M MWC for ever	Unlimited supply, 1 Grin per second for ever
Block Time	1 minute	1 minute
Proof of work	Cuckatoo31	Cuckatoo32+
Distribution Schedule	https://www.mwcprice.com/ see the bottom of the webpage	60 Grin per block for ever
Transactions method	file/http/Tor/Slatepacks/NIT soon. Adopting Non-Interactive Transactions for the ease of use at the end of 2021	Tor/Slatepacks , Stay with Interactive Transactions
Developers Fees	250k MWC and you can assume all of them were sold already - Initially it was 2M + (hodl program until mi-june:250k) MWC but were gave back to the MWC holders in September 2020. At the moment, MWC developers are working thanks to the community donations.	None
Airdrops	6M MWC Airdrop to Bitcoin Holders	None
Holders Program	2M + 2M MWC of the developers fees gave to MWC holders in 2020 - No more Holder program MWC can be distributed, they were all.	None
Genesis Blocks	10M MWC (6M airdrops + 4M distributed to MWC holders)	60 Grin
Atomic swap	BTC, BCH, DOGE, ZEC, DASH and more coming soon...	In work
Decentralized Market Place	Decentralized market place to buy and sell MWC with coin supported in atomics swap.	None
Link-ability	In work	In work
GUI Wallets	MWC-QT-WALLET - Core official	Grin++ , Niffler
Mobile Wallets	MWC Wallet (Android only)	Ironbelly, Grin++

With NIT, there will be already bigger difference in the code base. I expect to have more difference between both in the protocols as time pass. In my opinion, MWC is more comfortable to work and adopt new things in its protocol than Grin.

Announcing GUI Wallet 1.2.4 with Decentralized Atomic Swap Marketplace!

The development team is pleased to announce the release of a new GUI Wallet version (1.2.4) that includes the long awaited decentralized atomic swap marketplace!

The marketplace allows peers to find each other easily for Swap trades, using a decentralized list of offers posted by willing buyers or sellers. As of now there are BTC, BCH, LTC, DOGE, ZEC and DASH swaps available, with ETH being scheduled for release in the near future.

Download the new wallet here: https://mwc.mw/downloads

For more Information regarding the Marketplace and it's usage see the docs here: https://github.com/mwcproject/docs/wiki/Using-the-Atomic-Swap-Marketplace-QT-Wallet

Step by step MWC is advancing personal financial sovereignty!

Read more on https://www.mwc.mw/mimble-wimble-coin-articles/announcing-gui-wallet-1-2-4-with-decentralized-atomic-swap-marketplace

Announcing GUI Wallet 1.0.0 for Android Mobiles!

Android powers more than 2.5 billion active devices, this marks the next step in the evolution of Self Sovereignty!

Get the MWC Wallet for Android here: https://play.google.com/store/apps/details?id=mw.mwc.wallet ‍

"A well done is better than well said" - Benjamin Franklin

C31 ASICs for MWC!

We are pleased to announce C31 ASICs powered by Ipollo ( https://ipollo.com/ ) and it's reseller Nhash ( https://www.nhash.net/ ). You can buy a G1 (25K$ - 160 GPS) or a G1-MINI (900$ - 4 GPS) directly on the Nhash website and mine MWC with it!
 It's a great way to contribute towards a more secure and stable network while increasing MWC's network effect.

Happy Mining!

Buy a G1 or G1-Mini from Nhash : https://www.nhash.net

All MWC mining pools: https://miningpoolstats.stream/mimblewimble

Miners Profitability:
G1 : https://whattomine.com/coins/323-mwc-cuckatoo31?hr=130.0&p=2000.0&fee=10.0&cost=0.1&hcost=0.0&span_br&span_d=24&commit=Calculate
G1- Mini: https://whattomine.com/coins/323-mwc-cuckatoo31?hr=4.2&p=220.0&fee=10.0&cost=0.1&hcost=0.0&span_br&span_d=24&commit=Calculate

Official links:
Nhash Website : https://www.nhash.net/
Nhash Telegram : https://t.me/NHASH_mining
Ipollo: https://ipollo.com/

MWC website: https://mwc.mw
MWC Desktop Wallet : https://mwc.mw/downloads
MWC Android Wallet : https://play.google.com/store/apps/details?id=mw.mwc.wallet
MWC Mining pools : https://miningpoolstats.stream/mimblewimble

How to mine MWC with your G1 or G1 Mini ASICs powered by Ipollo

Firmware Update for Cuckatoo31 : https://www.youtube.com/watch?v=YcVY0VzUyMU



Connect to a MWC mining pool : https://www.youtube.com/watch?v=Wm9Nq42VSY4