Litecoin developers have deployed the largest upgrade on the testnet
Mimblewimble Extension Block (MWEB) will make transactions on the LTC network confidential
18.03.2022 - 16:15
314
2 min
0
What’s new? The largest upgrade in the history of Litecoin has been deployed on the testnet, Litecoin creator Charlie Lee said on Twitter. The new version of Litecoin Core 0.21.2 includes the Mimblewimble Extension Block (MWEB) upgrade. The Mimblewimble upgrade has a feature that makes transactions virtually untraceable. MWEB developer David Burkett has confirmed that the troubleshooting is coming to an end and the official launch of Core 0.21.2 is imminent.
What is known about MWEB? Mimblewimble is a protocol with a Proof-of-Work consensus algorithm that allows transaction data to be hidden. The protocol is also highly scalable. MWEB was created in July 2016 by a group of anonymous developers.
Litecoin is the third most popular cryptocurrency among Russians. The experts from Brand Analytics analyzed a sample of 2,4 billion posts published on social media between October 1 and October 31, 2021.
Useful material?
Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024