Tag: litecoin mimblewimble

Aug 09 2022

Vitalik Buterin Wants To Upgrade NFTs, Crypto Community Opposes Proposal

Vitalik Buterin, co-founder of Ethereum, is recently making the news more often due to the Merge and Ethereum's development process. The Canadian...

May 23 2022

Litecoin Under Scrutiny By S. Korean Exchanges of Upbit, Bithumb After it Introduces Privacy Through MimbleWimble

Quick take: Litecoin's MimbleWimble privacy protocol has resulted in some South Korean exchanges issuing warnings about LTC. Upbit and Bithumb have advised crypto users of the risks associated with the privacy upgrade. Both exchanges cited South Korea's Act on the Reporting and Use of Specific Financial Transaction Information. Bitcoin's little brother, commonly known as Litecoin (LTC), has captured the attention of South Korean...

May 20 2022

Litecoin Activates Privacy Upgrade Mimblewimble That Support Anonymous Transactions

Litecoin has activated the privacy protocol Mimblewimble. Mimblewimble allows the obfuscation of sender and recipient addresses, as well as transaction amounts. Privacy coins are frowned upon by the governments, so it remains to be seen how they will react. The Litecoin network has officially activated privacy protocol Mimblewimble, the Litecoin Foundation announced on May 20. The privacy feature has long been in the...

Feb 26 2022

Litecoin (LTC) Miners Begin Signaling for the MWEB Upgrade

Litecoin miners have started the process of signaling for the MimbleWimble upgrade AntPool was the first mining pool to signal for the upgrade 75% of the miners need to signal for MimbleWimble for it to be activated If the miner's threshold has not been reached in 1 year, MWEB will be implemented automatically The MWEB upgrade will introduce confidential transactions on the Litecoin...

Jun 04 2021

Litecoin’s MimbleWimble to be Activated Around the End of 2021

Litecoin's MimbleWimble protocol is on track for activation around the end of the year The Litecoin MimbleWimble code is currently being reviewed and audited by developers The team at Litecoin has requested any interested developers to join the MimbleWimble Telegram channel to help with the process Like Bitcoin, Litecoin is struggling to recapture the 200-day moving average as support The activation of the...

Mar 12 2021

Litecoin’s Inverted Head & Shoulders Pattern Could See LTC Retest $240

In brief: Veteran trader, Peter Brandt, has identified an inverted head and shoulders pattern on the 6hr LTC chart If the pattern plays out, Litecoin could retest the February high at around $240 Litecoin's MimbleWimble code will be ready by 15th of March thus providing an event for bullish momentum Bitcoin regaining $58k could provide Litecoin with the right environment to push higher...

Mar 10 2021

Litecoin’s MimbleWimble Code To Be Ready by March 15th

In brief: MimbleWimble core developer David Burkett has stated that code for the potential upgrade will be ready by March 15th On this date, the code will be ready for final review and formal auditing Miners will then agree on whether to implement the upgrade or not MimbleWimble has been running on the testnet for 3 months The code to Litecoin's potential MimbleWimble...

Jan 04 2021

Dec 30 2020

Litecoin’s MimbleWimble Code Will Be Ready by Q1 of 2021

Summary: Code to Litecoin's MimbleWimble will be ready by Q1 of 2021 Activation will soon follow depending on the Litecoin community and miners Litecoin has soared by over 211% in Q4 of 2020 Litecoin could continue to gain in the markets as investors look for digital assets that do not resemble securities The final code for Litecoin's MimbleWimble protocol will be ready by...

Oct 04 2020

Litecoin’s MimbleWimble is Live on Testnet, Full Activation in 2021

In summary: On the 1st of this month, Litecoin's MimbleWimble protocol was launched on the Testnet MimbleWimble developer, David Burkett, explained that the testnet version still has to undergo further testing before the Litecoin community can test it Full activation on the mainnet will be some time in 2021 On the first of this month, the MimbleWimble protocol on the Litecoin (LTC) network...

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