Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

Altcoins

Crypto

Whimsical Harry Potter origins aside, learn what makes Mimblewimble special and a worthwhile investment.

MimbleWimbleCoin.png

In the cryptocurrency industry, it’s difficult to ensure blockchain privacy and fungibility without compromising on bandwidth. Privacy-enhancing upgrades such as 

s and so-called “confidential” transactions tend to reduce bandwidth and increase costs. Mimblewimble, an alternative blockchain, promises to solve these problems. Since its inception in 2016, developers and researchers from various blockchain projects have participated in the development of Mimblewimble.

Named after a tongue-tying curse in the 

 series, Mimblewimble is a blockchain protocol that allows cryptocurrency transactions to remain anonymous. By keeping addresses and transactions confidential and minimizing block space, opaque (fully private) yet verifiable transactions can be created. Mimblewimble 

 confidential transactions (CTs) and one-way aggregate signatures (OWAS) to create a system with better privacy and greater scalability than protocols like Bitcoin. CTs let users hide transaction amounts so that only the sender and recipient know how much has been sent. 

Originally proposed as a sidechain or “soft fork” for Bitcoin, Mimblewimble currently serves as the base layer of new cryptocurrencies that have created blockchains, such as 

With Mimblewimble, it’s possible to sign and validate transactions without having to validate each historical transaction, or include the inputs of a transaction in the hash of a new one. This drastically reduces the overall size of its blockchain.

Mimblewimble could potentially transform the current blockchain transaction model. The Mimblewimble network enables a compact history to be downloaded, synchronized, and even checked. Cryptocurrencies that implement Mimblewimble use Bitcoin’s 

 (UTXO) model, in which almost no information is encrypted. Since UTXO is always assigned to an address, you can only process a transaction if you sign it with a private key from the originating wallet. 

Mimblewimble keeps all transactions confidential. Values are 

 with “blind factors” — elements created by combining the private and public keys of the transaction partners. If all output values minus all input values equals zero, a transaction is valid. Transactions from two blocks can be made into one block without losing their validity.

, full nodes subtract the encrypted amounts on the sender side of transactions from the encrypted amounts on the recipient side. Miners can thus confirm that transactions are legitimate. Meanwhile, validators ensure that rules are followed and the number of coins in circulation is correct.

MimbleWimbleCoin (MWC) is a cryptocurrency native to the Mimblewimble protocol. It’s a pure 

-based crypto on the Mimblewimble blockchain, which boasts greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use Gregory Maxwell’s 

MW is unique for its implementation of CTs. There are no addresses on Mimblewimble. Instead, blind factors are used to connect two parties in a transaction. These factors are shared between the two parties only, and no outsider has access to them. If necessary, they can be used as proof of ownership later on. 

Blind factors are used to encrypt the inputs/outputs of transactions and the private/public keys of transaction participants. The blocks only contain information about how many coins are in the remaining inputs or outputs chain. The signatures are also available to ensure validity. Individual transactions — such as “Person A sends 1 BTC to Person B” and “Person B sends 1 BTC to Person C” — can no longer be viewed after completion. 

To truly understand how Mimblewimble works, let’s take a look at Bitcoin’s UTXO model.

In a typical non-cryptological transaction, if Person A gives Person B $1, the process is straightforward: Person A: −$1, Person B: +$1. With Bitcoin and other legacy blockchains, however, the process works differently, as different inputs and outputs go from the sender to the receiver. 

If Person A wants to send 1 BTC to Person B, this BTC will not be deducted directly from the wallet (by Person B). Instead, the BTC network bundles several inputs from previous transactions and sends them to Person B. Therefore, a BTC transaction could look like this: Person A: – (0.25 + 0.40 + 0.15 + 0.20) BTC, Person B: + 1 BTC.

In the example above, the Bitcoin sent is composed of four different inputs. In reality, however, over 100 inputs can be used for a single transaction. The goal of the MW protocol is to eliminate all inputs and outputs and make the process more efficient, especially when large amounts of data are involved. Instead of the UTXO model, it relies on a multi-signature process. If Person A wants to send a BTC to Person B, both will need to create a multisig key to confirm the transaction.

 is meant to obfuscate any cryptocurrency transaction in order to make it private and render it untraceable. Since the Mimblewimble blockchain is highly scalable, it improves usability and privacy for crypto users. MWC is also used to reward miners for validating transactions and keeping the network safe. 

Mimblewimble is highly scalable due to the cut-through technology it employs. A single block consists of hundreds of transactions, along with plenty of information that needs to be stored on the blockchain. However, these blocks can be compressed with Mimblewimble’s cut-through feature, since much of the information can be removed from blocks without risking the security of the blockchain network. Mimblewimble’s advanced scalability is achieved by reducing the weight of the blockchain through the removal of unnecessary and unused elements. 

Here’s an example of how cut-through works. Say three people are involved in a transaction: Alice, Bob and Carol. Alice gives $10 to Bob, and then Bob immediately gives the $10 he’s received to Carol. Bob becomes an intermediary in this situation, and his part of the transaction won’t be visible on the blockchain.

One of the core functions of Mimblewimble is privacy. Mimblewimble also uses the principle of CoinJoin, which combines several transactions and prevents the tracking of transactions from the outside. The MW network can also be used as a sidechain solution that connects to Bitcoin. 

This technology allows MW to combine multiple transactions into a single large transaction. Mimblewimble has managed to attain a level of privacy that’s unprecedented in the blockchain industry. Sent in bulk with other transactions, the value of your transaction is a mystery to network and external observers. Also, since no addresses are used, no one can associate your name with any address and use it to track your transaction activity. 

Mimblewimble offers practically complete privacy without sacrificing scalability. The sender, the recipient and the value of the transaction remain confidential at all times. Typically, privacy-oriented blockchains like 

 have much smaller block sizes and charge higher fees compared to other blockchains. This is also the case with Mimblewimble.

In economics, the term fungibility means interchangeability of the units of any asset. Generally, all cryptocurrencies are considered fungible assets. However, most cryptocurrencies tend to be sold at a discounted price, while MWC is both fungible and untraceable.

One major disadvantage of Mimblewimble is its lack of a scripting language. This limits the functionality of any blockchain to the transfer of funds and monetary transactions. These limitations, in turn, make it extremely difficult to introduce second-layer protocols such as Lightning Network. However, some functions of scripts can be repeated on MW using multi-signatures and time-lock transactions. According to 

, a Bitcoin developer, the introduction of smart contract functionality is possible through a combination of 

Like today’s UTXO blockchains, Mimblewimble is vulnerable to quantum computing. The protocol relies on elliptic curve cryptography (

) to manage privacy and release new MWC. In theory, quantum computing could crack the ECC, thus undermining the entire protocol.

It’s important to note that developers will stop such attempts before they can cause harm. In addition, the consequences would affect most blockchain projects, so security measures will likely be developed in advance. According to experts like Andrew Poelstra, Mimblewimble could be upgraded by quantum computing-resistant primitives. However, further work is needed to develop quantum-stable proofs of the range.

One difference between Bitcoin and Mimblewimble is that the latter supports private transactions. With Bitcoin, all transactions are made public: users can check input and output values, and verify if a particular transaction is valid via BTC explorers. When using Mimblewimble, however, all values are encrypted homomorphically with blind factors.

A second difference between Mimblewimble and Bitcoin is the data size of their blockchains relative to the cut-through function. Unlike Bitcoin and other PoW blockchains, the Mimblewimble blockchain contains only essential information. Thus, it’s smaller than Bitcoin’s and requires fewer computing resources. 

Finally, Mimblewimble’s cores support updatable transaction summaries. Such a mechanism differs from that of Bitcoin, where nodes store and verify each signature of a transaction, starting with the genesis block.

As of this writing, MWC is trading at $4.02 with a 

 of around $43 million. There are about 157 million MWC in circulation against a maximum supply of 20 million.

MimbleWimbleCoin mining is available with two algorithms, 

. The latter previously worked on Grin and was recently switched to Cuckarood C29.

, which has 9,000 miners and supports both solo and pool mining. To begin mining, you’ll need to get an address on the trading platform or the wallet. In the miner settings, enter your login details from the 2Miners pool. Next, install the miner itself. For example, Gminer for 

 is for AMD. Then, specify the .bat file and the name of the farm, e.g., rig-777.

You can buy MWC on exchanges like WhiteBIT and BitForex. All you’ll need to do is create an account and verify it before purchasing Mimblewimble tokens. You can also download a 

 from Mimblewimble’s official website to safely store your tokens.

There’s no doubt that an increasing number of crypto users are prioritizing anonymity in their transactions. Mimblewimble can be used to prevent a blockchain from revealing user information. Transactions are cryptographically encrypted and therefore cannot be uniquely assigned. In addition, the inputs and outputs in the blockchain can be cut out and deleted.

Legacy blockchain developers are still looking for ways to use Mimblewimble’s innovations without sacrificing existing UTXO structures. Should they succeed, Mimblewimble’s potential will truly become limitless. 

Featuring blind factors and Pedersen schemes, Mimblewimble’s blockchain protocol is specifically designed to obfuscate transaction values. The cryptographic combination of these features ensures that only the sender and receiver in a transaction know the amounts involved. These transactions are significantly different from those made on UTXO blockchains like Bitcoin’s. All things considered, Mimblewimble currently presents one of the most innovative privacy solutions in the crypto space.

Mimblewimble Coin (MWC): Everything You Need to Know

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards