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I've read that one and that article was the one that originally turned me off to MimbleWimble for a long time. But there was a counter article made here by the Grin guys. After giving it another chance and doing more research I became convinced. MW still not as private as ZkSnarks, but a lot more private than that article original suggested. Here is the counter-article. You be the judge: https://medium.com/grin-mimblewimble/factual-inaccuracies-of-breaking-mimblewimbles-privacy-model-8063371839b9