Ep 03 – Mimblewimble

 

In this episode of the Blockchain Dialogues podcast, we discuss an interesting new protocol called the Mimblewimble Protocol. Mimblewimble looks to solve some of the shortcomings of Bitcoin by improving upon two key aspects of bitcoin that being – scalability and privacy. It uses an innovative new technology to cut through transactions making the blockchain much smaller thereby helping with scalability. And it also implements what is known as Confidential transactions, helping with greater anonymity and privacy. In this episode, we discuss why Mimblewimble became a topic of interest in the bitcoin community, what makes it different from other technologies, how it works and its pros and cons.