+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 money. However You can still easily buy this coin by first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MWC.