Litecoin Increases 12 Percent After Core Developers Announce MimbleWimble Implementation In the last 24 hours, litecoin prices have increased by more than 12%. Litecoin is now the fourth largest cryptocurrency based on market capitalization on CoinMarketCap, passing EOS. This price increase came after a blog post revealed that the Litecoin Foundation and Litecoin core developers had approached BEAM, a company that implemented the MimbleWimble privacy protocol, about the possibility of cooperation to implement MimbleWimble through the Extension Block at Litecoin. MimbleWimble is a privacy protocol that obscures transactions sent on the blockchain. The Extension Block aims to allow the network to optionally support various types of blocks on the blockchain. With Block Extension implemented on Litecoin, users can theoretically convert their standard litecoin to the MimbleWimble variant of Litecoin, enhancing the privacy features provided by MimbleWimble.
Wow, empty yet