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 on their official website on May 20th.MimbleWimble will allow Litecoin users to send and receive LTC without sharing private information with third parties.
The Litecoin network has been upgraded to implement the MibleWimble upgrade as a soft fork. This was an initiative that started thanks to Charlie Lee, Litecoin’s founder, in 2019. At that time, he claimed that fungibility was the only property of sound money that was missing from both Bitcoin (BTC) and Litecoin.
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