Steemit Crypto Academy Contest Season12 Week03 [SUMMARY] - "The Mimblewimble protocol "

Introduction

Dear Steemians and members of our community, we find ourselves in the third week of the twelfth season of the Steemit Challenge. We want to extend our heartfelt appreciation to all those who participated in our competition thus far, and we warmly encourage you to join our ongoing competition within our community, labeled as "Season 12 Week 4 - Tokenization." You can find all the details about it Tokenization.

For the third week of Season 12, we organized a competition centered around the Mimblewimble Protocol, a significant cryptographic protocol with the potential to revolutionize privacy and security within the cryptocurrency realm. And ss previously stated, the theme for the third week's competition revolved around the Mimblewimble protocol. Participants were encouraged to do the following:

• Use your own words to show your understanding of the Mimblewimble protocol.

• Explain how the Mimblewimble protocol works, giving an illustrative example.

• Do you think the Mimblewimble protocol could be used on the Steem blockchain to improve scalability and privacy.

• Discuss in detail a crypto (its blockchain) that uses the Mimblewimble protocol.

• Mention the advantages and disadvantages of the Mimblewimble protocol.

We were pleased with the quality of content in the submissions we received. Some participants were newcomers to our crypto competitions, and this introductory challenge allowed them to get acquainted with our platform. We look forward to discovering more talent in future seasons. Now, without further ado, let's dive into the statistics and nominations.

Participation statistics

We received a total of 13 entries for the contest, and thankfully, there were no cases of plagiarism or entries that were considered invalid.

Total number of entries	Invalid entry	Plagiarized content
13	0	0

_{Performance Distribution}

_{Score Distribution}

This week, we observed that only 3 entries achieved an "Excellent" rating, representing 23% of the total submissions. The majority of the entries, totaling 69%, fell into the "Good" category, which was the highest score obtained. Additionally, 8% of the entries were categorized as "Average," while there were no posts identified as invalid or containing plagiarism, accounting for 0% in those categories.

Top 3 users of the week

In our selection process, we first considered the participants' performance quality, followed by their interactions with other users in the contest.

When choosing the top 3 participants, we took into account their performance grades and interactions. Additionally, we made a special selection based on an article that provided exceptional content related to the topic of discussion. Below are the top 3 users we have chosen for the week.

Ranking	Username	Article
1	@xkool24	Link
2	@ngoenyi	Link
3	@steemdoctor1	Link

We genuinely appreciate your continued participation, and congratulations to all those who made it to the top for this week. We encourage each of you to maintain the high level of quality and engagement with other participants in our contests. Please continue to join us in our ongoing contests.