MimbleWimble update starts on Litecoin blockchain

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On Friday, May 20, at approximately 06:30 (Kyiv / Moscow time), the MimbleWimble Extension Block (MWEB) update will be activated on the Litecoin main network. This was told by the creator of the project Charlie Lee.

MimbleWimble is a protocol with high scalability and increased privacy. It uses several technologies, including confidential transactions and CoinJoin, which hides the inputs and outputs of senders and receivers, and combines many transactions into one.

Litecoin developers announced the readiness of MWEB in February 2022. In March, they deployed a new version of the Litecoin Core 0.21.2 client to the testnet, which includes updates to MWEB and Taproot.

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Source: Cryptocurrency

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