Here’s what could happen if Bitcoin ran MimbleWimble - AMBCrypto

Bitcoin blockchain has maintained the data of every transaction since the genesis block, meaning a huge database transaction by transaction. To the thought of Bitcoin leveraging MW protocol, Mayer in conversation with Peter McCormack, on ‘What Bitcoin Did‘ podcast, said that if Bitcoin was run on MimbleWimble since the beginning, the estimate will be something like 7 GB or 16 GB and the blockchain can actually shrink with MW.

Mayer spoke about Litecoin’s proposal on MimbleWimble implementation via extension block, Confidential Transaction and privacy protocols like Tor’s Onion routing technique, he said, “. you know those things are just fantastic for fungibility because you don’t really want the transactions on the blockchain if you can help it because it’s immutable right and then you’ve MimbleWimble, so you look at the MW coins and every block only has one input.

Timeline of Bitcoin