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.
MWEB is currently estimated to activate on 5/19 8:30pm PT (5/20 3:30am UTC). We’re thinking of doing a livestream event to celebrate activation. Stay tuned for more details soon.
In the meantime, help us reach out to pools and miners. There are still some that have not upgraded!
— Charlie Lee Ⓜ️🕸️ (@SatoshiLite) May 16, 2022
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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