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Litecoin [LTC]: Fungibility solution is still a work in progress, clarifies Litecoin Foundation Community Manager


Many in the Litecoin community, and by extension, the cryptocurrency community, cheered when Charlie Lee announced his intention to introduce privacy and confidential transactions features to Litecoin and make it more fungible. However, in what could prove to be a dampener on things, Litecoin’s Community Manager has come forward and implied that all is not final yet.

Charlie Lee had announced that he was putting the issues of scalability behind him and was focusing on making Litecoin more fungible by implementing privacy and confidential transaction features. He had also suggested that such implementation would require a mere soft fork and would be done sometime in 2019.

However, Ilir Gashi, LTC’s Community Manager, issued a clarification in this regard today.

Source: Twitter

The tweet implied that everyone’s expected fungibility and CT update may not come as soon as expected, or even in the same form as people believe it would be implemented. The fact that Gashi stated that…



Read Full Story : AMBCrypto

2019-02-01 08:30:30

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