Bitgrin: MimbleWimble Protocol and Bitcoin Economics

The Bitgrin project has been continuously advanced by its core development team since its inception, aiming to explore and realize the potential of the MimbleWimble protocol in the field of digital currency, in order to address the challenges of privacy and scalability faced by existing blockchain systems.

The Bitgrin project is committed to combining the MimbleWimble protocol with the Bitcoin economic model. Its core feature is the adoption of the MimbleWimble protocol to provide superior anonymity and scalability. It incorporates the Cuckoo Cycle proof-of-work mechanism, including the ASIC-resistant Cuckaroo and the ASIC-targeted Cuckatoo variants, and sets a faster block time (one minute) and decreasing block rewards. The significance of Bitgrin lies in its aim to bring stronger privacy protection and higher network scalability to the cryptocurrency field through these technical choices.

The original intention of Bitgrin is to build a simple, easy-to-use, and inclusive digital currency system. Its core philosophy is to provide enhanced transaction privacy and network scalability through the streamlined implementation of the MimbleWimble protocol, while maintaining a Bitcoin-style economic model, thereby promoting the further development of decentralized currency.

Interested researchers can access the original Bitgrin whitepaper. Bitgrin whitepaper link: https://download.wpsoftware.net/bitcoin/wizardry/mimblewimble.pdf

Bitgrin whitepaper summary

Author: Niklas Voss

Last updated: 2025-12-11 00:32

The following is a summary of the Bitgrin whitepaper, expressed in simple terms to help you quickly understand the Bitgrin whitepaper and gain a clearer understanding of Bitgrin.

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Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.