Litecoin’s (LTC) MimbleWimble Set for a Mid-September Testnet Launch
The protocol is meant to introduce confidential transactions on the Litecoin network and could be the spark that reignites investor interest in LTC. Earlier today, Litecoin’s Senior MimbleWimble Developer, David Burkett, provided an update on the progress of the protocol for the month of June 2020.
The high-level plan for the rest of the summer remains the same:
July: Initial Block Download
August: Chain reorg logic
September: Activation logic and testnet launch
Why MimbleWimble is a Game Changer for Litecoin
Back in January 2019, the founder of Litecoin, Charlie Lee, announced that the focus of the project was geared towards making Litecoin more fungible by adding Confidential transactions. Possible Litecoin Market Reaction to a mid-September Testnet Launch of MimbleWimble
With the progress update stating a possible Testnet launch of MimbleWimble by mid-September, keen LTC traders and investors might be planning to capitalize on the hype surrounding the testnet by accumulating ahead of the event.
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$ 104.53
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