+18.56% growth: How to Buy MimbleWimbleCoin (MWC) – A Step by Step Guide
CryptoBuyingTipshttps://cryptobuyingtips.com/guides/how-to-buy-mimblewimblecoin-mwc
What is MWC?
MWC is an in-progress implementation of the MimbleWimble protocol. Many characteristics are still undefined but the following constitutes the first set of choices:
- Clean and minimal implementation, and aiming to stay as such.
- Follows the Mimblewimble protocol, which provides hidden amounts and scaling advantages.
- Cuckoo Cycle proof of work in two variants named Cuckaroo (ASIC-resistant) and Cuckatoo (ASIC-targeted).
- Relatively fast block time: one minute.
- Fixed block reward over time with a decreasing dilution.
- Transaction fees are based on the number of Outputs created/destroyed and total transaction size.
- Smooth curve for difficulty adjustments.
Currently MWC is being ranked 209 on Coinmarketcap and has recently surged a hefty 18.56% at the time of writing.
MWC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy MWC.