Privacy in Crypto: Intro to MimbleWimble & Grin

Privacy in Crypto: Intro to MimbleWimble & Grin

In late 2016, a pseudonymous character named Tom Elvis Jedusor showed up on the bitcoin developers’ chatroom and posted a tor link, which hosted a single file named MIMBLEWIMBLE, outlining a new design for a privacy-preserving, massively prunable blockchain. Tom Elvis Jedusor, as some may recognize, is the name of Voldemort’s given name in the French Harry Potter books. Tom Elvis Jedusor to this date has never logged into the chatroom again. In this article I explore how MimbleWimble works, the first live implementation of the protocol, and privacy in crypto.

Bitcoin Scaling, Lightning Network & The Future with Micropayments

Bitcoin Scaling, Lightning Network & The Future with Micropayments

The Lightning Network is a network of payment channels that was originally built on top of Bitcoin and has since extended to other blockchains. Individuals can open up peer-to-peer payment channels with one another and make many transactions without accruing the costs of on-chain fees whilst reaping the benefits of having a decentralized blockchain as an underlying layer of security. In this article we will explore how Lightning works, its use cases, and implications of the ability to do micropayments.