This is a welcomed sight. Actually just a reversal of prior stupidity but alas, that is how government works.
Now we just need to develop a digital ID system that has privacy and really send governments reeling.
Maybe MimbleWimble will be the first step in a multi-faceted development process.
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How easy would it be for Hive to incorporate MimbleWimble?
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I honestly have no idea. It seemed like it was a nightmare for Litecoin...two years plus in the making.
It would be interesting to know though.
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It does seem like it would be a nightmare to incorporate MimbleWimble into an exisiting cryptocurrency network. Maybe it's easier for a new crypto to incorporate it from Day 1 than it would be for an existing crypto to backfit or retrofit it. At least Litecoin proved to the world that it can be done.
I wonder if any other cryptos are using MimbleWimble. If not, then that can be its Unique Selling Point (especially when people compare it to Bitcoin).
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I would imagine that since Litecoin is a fork of Bitcoin that means the others can use it.
But that is just a guess, no way of knowing for certain.
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While Litecoinis a hard fork of Bitcoin, who knows how many upgrades and network modifications took place over the last 10 years or so. For a cryptocurrency which doesn't do much (since nearly all the action is on the buyer side), Bitcoin itself has undergone changes over many years.
If Bitcoin can use MimbleWimble, can Dogecoin be far behind? Dogecoin is a hard fork from Litecoin, so it is in the realm of possibility.
Another small step in the right direction. Once they get some actual laws on the books, it will be a lot easier to make changes as needed. It's just getting it started that's the hard part.
I'll be interested to see who comes out as the leader opposed to this. You know the legacy system won't take this sitting down. It becomes a very slippery slope for them once the door is cracked open.
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Cracked or blow over, what is the difference?
Ultimately, I think crypto is just a water behind a dam. The longer it amasses, the more powerful the bursting.
We know things are already moving in a lot of different directions, far too many for the governments to keep tabs upon.
That is why we are involved in some major guerilla tactics. They have no idea where the hit will come from.
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