Litecoin to Integrate MimbleWimble

in #blockchain5 years ago

The Litecoin Foundation has approached Beam about possible cooperation to implement Mimblewimble via Extension Blocks on Litecoin.

image.png

Today announcement came saying the two teams will work together on this.

We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality.

It is our joint intention to publish any and all the work done as part of the project under a permissive open source license to let the community benefit from it.

Litecoin Markets

image.png

As i said top10 not really good, just Okex is cool.

Beam Markets

image.png

Some of those are in the review, check their rules here - https://fuk.io/no-kyc-exchanges-list/

Im making interview with one of LTC guys, ask questions here - https://steemit.com/litecoin/@kingscrown/going-to-make-interview-with-xinxi-of-litecoin-foundation-any-questions


CRYPTO INCOME GUIDE EBOOK - FREE FOR LIMITED TIME - DOWNLOAD HERE

Join My Official Discord Crypto/Steemit Group - https://discord.gg/Ma3VCxj

Follow, Resteem and VOTE UP @kingscrown creator of cryptocurrency blog with unique news and tips!

Sort:  

yall that read my post and bought made 35% within 24h ;) enjoy

so GRIN isn't the only token that uses the algorithm?

I had no idea. I read through the GRIN's GH repo, and was very impressed at it's simplicity. I'm not someone who knows how to code, but I am rather good at math. Reading some of the rules for the algo itself even made sense to me!!

Dam I thought they were going to just soft fork CT into Litecoin as it was safest and easiet method and(one of the main tech of Mimblewimble)...
but actually using extension blocks(a method proposed by Blockstream) to soft fork Mimblewimble will be amazing and could finally bring privacy to UTXO chains.
Too bad it ain't coming here anytime soon

This really wimbles my mimble

i love ltc !!

does this not leave LTC more vulnerable to attacks from the off chain network?

What is the purpose of Beam?

Posted using Partiko Android

At least LTC is trying to do something useful... meanwhile the only thing growing in BTC is the number of stupid forks...crypto tech still has a long way to go, thank god development continues even during the bear market...

Hi @kingscrown!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 7.271 which ranks you at #67 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 199 contributions, your post is ranked at #13.

Evaluation of your UA score:
  • Your follower network is great!
  • The readers appreciate your great work!
  • Good user engagement!

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.32
TRX 0.12
JST 0.034
BTC 64837.84
ETH 3174.86
USDT 1.00
SBD 4.17