Mimblewimble with Sal & Rafe ~ Open Source Everything

Imagine that we can combine across blocks (perhaps with some glue data) so that when the outputs are created and destroyed, it is the same as if they never existed. Then, to validate the entire chain, users only need to know when money is entered into the system (new money in each block as in Bitcoin or Monero or peg-ins for sidechains) and final unspent outputs, the rest can be removed and forgotten. Then we can have Confidential Transactions to hide the amounts and OWAS to blur the transaction graph, and use LESS space than Bitcoin to allow users to fully verify the blockchain. And also imagine that we must not pairing-based cryptography or new hypotheses, just regular discrete logarithms signatures like Bitcoin. Here is what I propose.
I call my creation Mimblewimble because it is used to prevent the blockchain from talking about all user's information.

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1 Comment on Mimblewimble with Sal & Rafe ~ Open Source Everything

  1. I’m encouraged with your youtube video… In my opinion the bull run will begin at the end of this year , or in 2019, in 2017 we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market. I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing. The smart investors are beginning to accumulate more bitcoin through Mr. Richard’s strategy and more will do so if we drop even lower. My guess is the bottom will be between 3.8 – 4 k Too much institutional investment occurring for the market not to recover soon. You can contact Mr. Richard at *RICHARDWOODS386@GMAIL. COM* or via *telegram/*Whatsapp: +1(706)395-8110 for trading insight and tips.

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