Wednesday, April 14, 2021
Home Crypto News Market Latest On Mimblewimble Code For Litecoin By David Burkett

Latest On Mimblewimble Code For Litecoin By David Burkett

- Advertisement -

The final code of the Litecoin mimblewimble protocol will be ready by the first quarter of 2021, said the lead developer of the project, David Burkett.

The code will be ready and merged in the first quarter of 2021. The activation period will be determined by users and miners. Burkett also reported that there is already a working Litecoin mimblewimble code on Github.

 

He siaid

“I tried to develop a secure way to support one-Sided mimblewimble transactions back in January. After a year and around a dozen design iterations, we finally have a working code!”

 

If we talk about Litecoin price, then, like many cryptocurrencies, in the fourth quarter of 2020, LTC achieved good results. it traded at about $ 45 on Sep 2020, and on December 2020, LTC reached 135 USD. This is an impressive 200% plus increase, which may help Litecoin to displace XRP from fourth place on Coinmarketcap.

Traders and investors understand that Litecoin is a cheaper and faster version of Bitcoin. In addition,  a working mimblewimble code to Litecoin in 2021 will become another reason for Litecoin adoption.

- Advertisement -
Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Binance List the Coinbase Stock Token (COIN)

Binance will list the Coinbase Stock Token (COIN) on 2021-04-14 (UTC), during which the COIN/BUSD trading pair will be open. Users will be able...

6 Blockchain Business Use Cases You Should Know

The potential of the distributed ledger technology (DLT) — an umbrella term of which blockchain is the most popular kind — is enormous. Businesses...

Europe’s Largest Digital Asset Investment Firm CoinShares Launches XRP Exchange Traded Product (ETP)

CoinShares, a major British cryptocurrency investment company, has announced it plans to list XRP (Ripple) exchange-traded fund (ETP) on the SIX Swiss Exchange. This ETP...

Coinbase Stock Hits The Market And Gets Reference Stock Price of $250 from Nasdaq

Nasdaq has released the figures for the reference stock price of Coinbase, the largest cryptocurrency exchange in the United States, which is scheduled to...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly