Litecoin's Mimblewimble Privacy Feature Will Be On Testnet By September 2020

Litecoin's Mimblewimble Privacy Feature Will Be On Testnet By September 2020

By Crypto Alphabet | Alphabet News | 10 Jun 2020


David Burkett, the developer responsible for implementing Mimblewimble on Litecoin, has published an update on the project.

In his May entry, he revealed that the project is still under development, but getting close to a working version.

"Blocks with mimblewimble transactions can now be attached to the chain. Work has started on the mempool logic. Tentative plan shared for the remainder of the work necessary to launch the testnet."

Charlie Lee, creator of Litecoin, has also commented on the project:

“David Burkett... is making good progress on MimbleWimble on Litecoin. For the [Confidential Transaction] fund, we’ve received 100 LTC last month which I’ve matched with another 100 LTC! We are a bit over halfway to our goal. Thanks to everyone that has donated.”

By September, Mimblewimble could go live on Litecoin's testnet, which tests features before they are ready to be used by general users on the mainnet.

Once Mimblewimble is activated on Litecoin's mainnet, it will add confidential transactions to Litecoin, comparable to those on Monero or Zcash. This will prevent some Litecoin transactions from being traced.

A mainnet launch date has not yet been announced.

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