The developers of Litecoin have deployed the Mimblewimble upgrade on the testnet

On the testnet, the Litecoin team has launched a new version of the Litecoin Core 0.21.2 client. This version contains changes to the Mimblewimble Extension Block (MWEB) and Taproot.

“We’ve been working really hard to squash all bugs prior to the final release. We appreciate everyone who assists us in testing MWEB on the testnet!” Charlie Lee, the founder of Litecoin, stated.

Mimblewimble is a protocol that enables better scalability and anonymity. It makes use of numerous technologies, including confidential transactions and CoinJoin, which conceals senders’ and receivers’ inputs and outputs and consolidates multiple transactions into one.

David Burkett, MWEB’s principal developer, said that the bug hunt is ongoing and the team is close to publishing Core 0.21.2 on the mainnet.

“I believe we are nearing the conclusion. Assist us in identifying the final few stubborn flaws so that we can concentrate on activation. Perhaps then I will finally be able to sleep),”

he addressed the users.

The Taproot update was activated on the Bitcoin network in November 2021. This is the most significant improvement since 2017.


Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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