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MimbleWimble, Privacy Protocol of the Future? With Alexander of Beam

A hot tech in the cryptoworld, is MimbleWimble an upgrade over privacy protocols like Zcash and Monero?

Host
Matt Aaron

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About the Episode

"Named after a Harry Potter spell also known as the Tongue-Tying Curse that prevents an opponent from casting theirs, Mimblewimble enables the bulk of a blockchain’s past transaction data to be removed."

It is all the buzz right now in the cryptoworld. Even BTC maximalists are closely following Beam and Grin, privacy coins utilizing MimbleWimble.

Alexander of the Beam project which just launched a few days ago, joined us and did an excellent job explaining MimbleWimble on laymens terms.

Alexander calls Beam a “Scalable confidential cryptocurrency." Listen and learn:

  • Explain MimbleWimble to my grandma
  • How are decisions made by the Beam foundation?
  • The treasury gets 20% of rewards over 5 years.. … could “non profit foundation” be shut down and end the protocol?
  • Can businesses and merchants easily use BEAM in commerce and pay taxes, etc?
  • Regulation concerns? 

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

A food entrepreneur, he exports exotic fruit from South America to USA.

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