Charlie Lee: cryptocurrency Grin and Beam have more potential than Bitcoin

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2019-01-22 03:15:06

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Charlie Lee: cryptocurrency Grin and Beam have more potential than Bitcoin Source:

The Grin and Beam are now the two most discussed digital currencies among investors. New projects are not traded on major exchanges, but the Protocol MimbleWimle has already attracted enough attention by major market players and analysts.

We will Remind, last week the Grin was positioned as one of the closest to coin. Unfortunately, even the massive PR not insure the project is off course 98 percent. Now to the implicit promotion of the cryptocurrency was joined by Creator Charlie Lee. He stated that the potential of the Beam to Grin and scalability several times exceeds the technical possibilities of Bitcoin.

the

Fight for the first place

MimbleWimble was first presented to the world in 2016, an anonymous developer Tom Elvis Jedusor. His nickname went from books about Harry Potter, the name of the Protocol is also made based on the spells of the Saga. Main «focus» MimbleWimble became unprecedented level of privacy of the amount and addresses the transaction in the network of cryptocurrency is completely hidden from prying eyes.

The Protocol plan to add to as sidechained. The Creator of the coins Ricardo Spagni have already reported via Twitter about the first steps in integration MimbleWimble.

The Creator of Litecoin expressed his admiration for the potential of the Protocol in the live podcast Magical Crypto Friends. Charlie believes that MimbleWimble has all the chances to make the private cryptocurrency really scalable to a whole new level. Moreover, the Protocol can even receive the Bitcoin and Lidoine.

Source: Cryptos

However, while this is purely theory Charlie Lee. According to him, integration MimbleWimble requires serious work on the safety of sidechained, so to move in this direction is impractical.

For the exchange rates of the coins and market conditions watch . Market capitalization today is 119 billion dollars.

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