This means that dramatically more transactions can fit into a smaller space, increasing throughput and lowering fees while still retaining the full proof of work game theory of Bitcoin. Mimblewimble is different - all transactions in a block are aggregated and netted out in one giant CoinJoin, and only the current spending needs to be verified. The current BTC chain is 277gb and its capacity is limited because every time you spend a coin, each node needs to validate its history back to when it was mined (this is how double spending is prevented). Mimblewimble is like Blu-Ray compared to CD-ROM in terms of its ability to compress data on a blockchain.
XVG returned 12 million percent in 2017 and this one reminds me a lot of it. What’s up team? I have a hot one for you.