MWC is a scarce pure proof of work Mimblewimble based coin that enables greater network scalability, privacy, and fungibility than legacy blockchain protocols. All MWC transactions on the base layer use Greg Maxwell's CoinJoin with his Confidential Transactions and signature aggregation. Therefore, all transactions keep all data about the sender, receiver and amount private and each MWC is fungible because it does not have a unique transaction history recorded on a public ledger like legacy blockchain technology does.
The MWC network was launched in November 2019. The MWC development team seeks to innovate both technologically and economically in order to bring out all of the MimbleWimble protocol benefits. The MWC team has already created a fully functional GUI wallet, developed a method for secure offline cold storage of MWC, completed a MWC/BTC atomic swap on testnet and is investigating the development of a mobile node.
