Work is advancing on a highly anticipated bitcoin project originally proposed by an anonymous cryptographer going under the French name of Harry Potter’s nemesis. Named after one of the book series’ spells, MimbleWimble has quickly became one of the more anticipated bitcoin R&D initiatives, since it is believed it could help improve upon the scalability and fungibility of bitcoin in a unique way. One of the major downsides of the original design, however, was that despite granting greater privacy and scalability, it looked like it might not support many of bitcoin’s more complicated scripts (which allow users to use more advanced transactions). Read more: coindesk.com
