Tag: mimblewimble

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 21 2022

Litecoin (LTC) Activates MimbleWimble’s Privacy Enhancements

After years of working on the MimbleWimble (MWEB) implementation for Litecoin (LTC), MWEB has officially been activated. The information has been released and published by the Litecoin Foundation […]

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...

Apr 12 2022

Litecoin (LTC) Is Completing the Mimblewimble Update

After two years of work, the Litecoin Foundation has finally finished the anticipated Mimblewimble update. Therefore, it will improve a number of blockchain features aimed primarily at increasing privacy. Recently, there has been a trend in the blockchain industry of networks releasing significant updates. As the overall number of blockchain users grows, these networks will naturally try to take as much of the...

Feb 02 2022

4 Advantages of MimbleWimble, the Latest Litecoin’s Upgrade

Litecoin has finally launched a long-awaited upgrade that will introduce a new era of transaction privacy. Before this upgrade, Litecoin transactions were publicly recorded in its blockchain, where users could see many details. However, after two years of development, the Litecoin's Upgrade has been launched this week, which is called "MimbleWimble". Therefore in this article, you will discover how its...

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...

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 06 2020

Litecoin Relaunches MimbleWimble Testnet As Regulators Focus on Privacy Cryptocurrencies

Oct 06 2020 Published at UseTheBitcoin under tags  bitcoin breaking btc crypto news litecoin

Litecoin (LTC) developers are relaunching the MimbleWimble testnet after the first testnet period that started back on September 30. This comes after European regulators increase their scrutiny on […]

Know a good blog/source that is not listed? Contact us or fill the form below to add one: