About MimbleWimbleCoin
MimbleWimbleCoin (MWC) is a cryptocurrency launched in 2019. Users are able to generate MWC through the process of mining. MimbleWimbleCoin has a current supply of 10,994,142.36 with 0 in circulation. The last known price of MimbleWimbleCoin is 26.5284362 USD and is down -4.14 over the last 24 hours. It is currently trading on 12 active market(s) with $167,379.75 traded over the last 24 hours.
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Trading Insights
Searched
2
Market Stats
Market Cap
Not enough data
FDV
$553.90M
Circ. Supply
Not enough data
Max Supply
20M MWC
Total Supply
11M MWC
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$152.64K
11.2%
Volume (7D)
$1.01M
Volume (30D)
$4.90M
All time high
$38.82
Price Change (1Y)
Not enough data
-7.79%
Additional details
Market details
MWC vs markets
↗ 6.09%
MWC vs BTC
↗ 6.7%
MWC vs ETH
↗ 21.55%
Tags
mineable
pow
privacy
mimblewimble
+1
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $24.81 | ↗ 3.65% |
1 Day | $26.72 | ↗ 3.65% |
1 Week | $26.82 | ↗ 3.28% |
1 Month | $34.45 | ↘ 19.60% |
1 Year | $30.03 | ↘ 7.79% |
FAQ
MimbleWimbleCoin (MWC) is an implementation of a blockchain protocol called Mimblewimble. MimbleWimble provides privacy and scalability by verifying that all transactions are valid without storing the entire chain history. The mission of MWC is to match and exceed every other traditional currency in the market to produce good and qualitative currency.
As per the whitepaper, Bitcoin set the standard of digital currency in the market. But Bitcoin lacks a few of the key characteristics of a sound currency. MimbleWimble technology was created to solve privacy and convertible deficiencies while also providing good network scalability. MWC uses Confidential Transactions at the core of its design, which means that all the amounts are blinded.
The main idea behind Confidential Transactions is it proves that the sum of the input amounts minus the output amounts to zero. All transactions within MimbleWimble keep the data about the sender, receiver, and amount private. Each MWC is fungible as it does not have a unique transaction history recorded on a public ledger. Fungible means something (such as currency or a commodity) is of such a nature that another equal part may replace one part or quantity.
MWC offers scarcity, fungibility, security, scalability, and privacy. The MWC development team strives for technological and economic innovation in order to maximize the MimbleWimble protocol's benefits. The MWC team has created a functional GUI (graphical user interface) wallet and developed a method for secure offline cold storage of MWC. The team also completed an MWC/BTC atomic swap and is investigating the development of a mobile node (point of intersection within a network). An atomic swap is a transaction in which coins from different blockchains are exchanged.
The MWC network launched in November 2019. The whitepaper was released on July 19, 2016. MWC has a maximum supply of 20,000,000 coins.
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Social stats
Popularity in posts
#2850
Contributors
21
Posts
21
% About MimbleWimbleCoin
0.007%
Articles
0
X (Twitter)
28.57% bullish
Sentiment
4.8 ★
Highlights
21 unique individuals are talking about MimbleWimbleCoin and it is ranked #2,850 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, MimbleWimbleCoin has an average sentiment score of 4.8 out of 5. Finally, MimbleWimbleCoin is becoming less newsworthy, with 0 news articles published about MimbleWimbleCoin.
On Twitter, people are mostly neutral about MimbleWimbleCoin. There were 30.77% of tweets with bullish sentiment compared to 7.69% of tweets with a bearish sentiment about MimbleWimbleCoin. 69.23% of tweets were neutral about MimbleWimbleCoin. These sentiments are based on 42 tweets.
On Reddit, MimbleWimbleCoin was mentioned in 87 Reddit posts and there were 126 comments about MimbleWimbleCoin. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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