MWEB (MimbleWimble Extension Block) is a way to add privacy & extra scalability on a parallel blockchain. First proposed by Andrew Poelstra in 2016, it was quickly forgotten in the Bitcoin world. But thanks to David Burkett, it's now live on Litecoin.
Time stamps:
Introduction to MWEB and David Burkett (00:00:55)
Origins of MWEB (00:01:40)
Comparing MWEB to Bitcoin's Taproot (00:02:07)
Community Trends in Bitcoin (00:02:32)
Historical Context of Litecoin's Privacy Features (00:03:23)
Challenges in Development (00:04:09)
Explanation of Grin and MWEB (00:05:03)
Grin's Adoption Issues (00:09:01)
Marek Narozniak's Insights (00:10:06)
Relevance of MWEB Today (00:10:48)
MWEB vs Grin (00:12:13)
Technical Challenges of MWEB Implementation (00:14:23)
User Experience in MWEB (00:16:28)
Types of Privacy in MWEB (00:18:03)
Network Level Privacy (00:18:18)
Satoshi's Vision on Privacy (00:19:16)
Limitations of MWEB (00:20:05)
Sender Privacy Considerations (00:21:07)
Combining MWEB and Clear Chain Inputs (00:22:04)
Understanding MWEB Pegging (22:05)
Privacy Considerations in Transactions (23:02)
CoinJoin and MWEB Integration (24:45)
Liquidity of Privacy Coins (26:46)
Future of Swaps Between Coins (29:24)
Drivechains (31:57)
Risks of Consensus Changes (35:02)
Rebranding MWEB as VPM (37:16)
Anonymity vs. Liquidity (38:37)