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Litecoin [LTC]: Charlie Lee announces exploration of MimbleWimble to implement Confidential Transactions

A few days after Litecoin Foundation’s Community manager Ilir Gashi asked everyone to keep their expectations in check with respect to the Foundation’s work on Litecoin’s fungibility and privacy features, it would seem that the Foundation is nonetheless surging ahead. This was communicated by Charlie Lee on Twitter.

Lee, the creator of Litecoin, the silver to Bitcoin’s gold, had keenly announced last week that he will be pursuing fungibility and privacy solutions for the cryptocurrency. This announcement was met by a lot of fanfare, especially by the many who welcomed Charlie Lee’s promise to add Confidential transaction features to Litecoin. However, this enthusiasm had mellowed somewhat when Gashi has clarified that nothing was set in stone and that all possible solutions for fungibility were still being investigated.

However, Charlie Lee’s latest tweet suggests that the Litecoin Foundation is moving ahead with the Confidential Transactions feature that he had initially…

Read Full Story : AMBCrypto

2019-02-04 14:30:59

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