Distributed ledger technologies (similar to Bitcoin) have attracted hundreds of millions of dollars in VC money. The ability to transfer wealth to anyone in the world without an intermediary through a decentralized ecosystem of trust, has been described by many as the greatest innovation of our time. However, just like the Internet - we must grow and continue to invent as better solutions and projects emerge.

Mimblewimble is a protocol that was proposed by an anonymous user in a Bitcoin developer forum. The developer left an air of mystery and a link detailing his thoughts on how he could improve Bitcoin through privacy and scalability upgrades. The paper evolved and a few groups of prominent developers picked up where the paper left off, ultimately forming the 2 major implementations of Mimblewimble: 1) Beam 2) Grin. Carnegie Mellon's own Giulia Fanti has been critical in these developments with her protocol, Dandelion, which enhances security and prevents confidentiality attacks.