MimbleWimble update activated on Litecoin network

23.05.2022 12:33
by Artem Ustinov
1 min read

MimbleWimble update activated on Litecoin network

The MimbleWimble Extension Block update has been activated on the main Litecoin network, according to project creator Charlie Lee.

MimbleWimble is a protocol with high scalability and increased privacy. It uses several technologies including confidential transactions.

Also, the MimbleWimble update includes CoinJoin, which hides the inputs and outputs of senders and recipients, and also combines many transactions into one.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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