Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Litecoin Forum => Other Popular Cryptos / Coins => Litecoin News & Updates => Topic started by: Shahinaz on October 25, 2019, 05:40:33 PM
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After Litecoin founder Charlie Lee teased new privacy features early this year, it has finally published the first draft plans. Litecoin has proposed MimbleWimble (MW) transactions to bring on updated scaling and privacy features.
Litecoin launched in 2011 after forking from Bitcoin. Since then, the cryptocurrency has been trying very hard to differentiate itself from Bitcoin. Litecoin’s latest proposal for implementing MimbleWimble could be a huge game-changer.
https://twitter.com/MatiGreenspan/status/1187259861823840256
Litecoin Improvement Proposals
Litecoin has proposed two improvement proposals, LIP 2 and LIP 3. The first proposal, LIP 2, introduces extension blocks (EB) to Litecoin. It allows Litecoin to implement new protocols such as MimbleWimble without altering consensus rules. It is similar to a block size increase and runs alongside the main chain’s canonical blocks.
The second proposal, LIP 3, deals with the implementation of the MimbleWimble protocol. It uses the extension blocks proposed in LIP 2 and users can then use MimbleWimble by moving their coins into EB if they so choose.
full article at: https://beincrypto.com/litecoin-publishes-proposal-for-mimblewimble-implementation/
Do you think exchanges will delist Litecoin if they implement these privacy features?