Discover and read the best of Twitter Threads about #mimblewimble

Most recents (4)

0/ On a day that marked the 10th anniversary of the #Bitcoin #blockchain, the #crypto ecosystem has been ripe with updates and releases.

Below, I've pieced together a 15-part thread filled with developments from the past day or two. Hope it proves helpful!
1/⌛️ #Mimblewimble-based privacy #cryptocurrency BEAM (@BEAMprivacy) is scheduled to launch on mainnet today at 14:00 GMT!

The wait is over! Find out all about the release in the following announcement. medium.com/beam-mw/beam-t…
2/ 🗣️ @NEOErikZhang (Co-Founder & Core Developer, @NEO_Blockchain) shared that NEO's developers are on the verge of completing a slew of improvements re its dBFT consensus algorithm.

A release before next month's #NEOdevcon2019, perhaps?
Read 17 tweets
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Abstract:
* QuisQuis provides both a relatively small state footprint with comparison to ever growing chains Zcash & Monero (similar to Bitcoin UTXO set)
* QuisQuis provides plausible deniability - a user can deny he's part of a tx (in contrast to Zcash, similar to Monero)
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Proofs are reasonably computationally light (much lighter than Zcash's zk-SNARKs), and small in size (~13kb, still larger than Monero's post-bulletproofs which are 3.7kb).
@claudiorlandi @rbkhmrcr @AarhusUni @uclisec Me:
Scalability (smaller state footprint): better than #Zcash & #Monero, definitely not better than #MimbleWimble.
Privacy: same as Monero & MW, worse than Zcash in theory, better than Zcash in practice (small usage of shielded txs due to overhead).

CC: @grinMW @beamprivacy
Read 4 tweets
1/ There are two kinds of very intelligent people I see in #crypto privacy. One group naturally gets privacy and the other deeply struggles with it. Surprisingly, much of it boils down to personality.
2/ The intelligent people who don't get privacy are generally optimistic about human nature. They tend to view people as basically good and they have a tendency to see the best in others. They are often overly honest, trusting, and kind.
3/ Many of them you could probably look at and correctly guess that they don't jay walk even if the streets are empty.

To them, privacy is largely about keeping your personal life and business dealings confidential from others. LE and govt aren't considered bad actors.
Read 10 tweets
1\ Have you heard this reasoning? "#Ethereum is better than #Bitcoin because it can do more." => "The EVM is Turing-complete and Bitcoin Script isn't, so Ethereum is a better cryptocurrency." => "Bitcoin's creators were too early/stupid/blind to make Bitcoin Turing-complete."
2\ This is a blatant misunderstanding! To a non-technical person, Turing-completeness and being able to compute anything is *obviously* better. But programmers know that Turing-completeness is Pandora's box: you don't know what it contains and you can't close it once opened...
3\ ...Turing-completeness is like a nuclear explosion. Once the threshold density/temperature is breached, fission fuel self-ignites and explodes. The hard part isn't blowing past the threshold, but staying as close to it as possible: energy => criticality => balance => control.
Read 10 tweets

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