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Mimblewimble : Bringing privacy to the blockchain through a faster,scalable system by danielwrites

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· @danielwrites · (edited)
Mimblewimble : Bringing privacy to the blockchain through a faster,scalable system
Mimblewimble is a blockchain protocol that introduces privacy to ecosystems
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@cmplxty ·
Interesting; I think this has both positive aspects as well as negative. The average person could use some more privacy online but the people and groups that will take advantage of that are those that need exposing.
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@danielwrites ·
Lol the question is, who'll be the bait ?  Besides I haven't really heard of anyone exposed as a result of taking advantage, mate . Thanks for sharing your thoughts though
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@cmplxty ·
I refer to the shady individuals/groups that would do things on it for the anonymity. Say for example a bank  such as Goldman Sachs using the service to secretly donate Bitcoin to someone as an illegal favor. These things happen all the time, obviously not in the public's eye. The benefit of the blockchain is that those things can't be done in anonymity (for the most part, there are ways it can, I know). 
For people like you and I this is great; if we wanted to buy something for our significant other and didn't want to be discovered initially such as a birthday present we could. There are just risks that we take with privacy and anonymity.

I could have also just completely understood your post wrong, so if that's the case then let me know but this is the impression I got out of it.
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@contestbot ·
This post has been submitted for the @OriginalWorks [Sponsored Writing Contest!](https://steemit.com/crypto/@originalworks/1125-steem-sponsored-writing-contest-beam)
 You can also follow @contestbot to be notified of future contests!
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vote details (1)
@introduce.bot ·
 @danielwrites, I gave you a vote!<br>If you follow me, I will also follow you in return!<br>Enjoy some !popcorn courtesy of @nextgencrypto!
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@popcornexpress ·
![](https://cdn.steemitimages.com/DQmZhWrJ1CfTKWdexTgw8pWnuyu4YzYGoEhhkbQKsNm2WLd/jkk.gif)
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@michades97 ·
Very interesting piece here
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@danielwrites ·
Thanks boss
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