![]() This dynamic really makes one believe that LTC may have a second life of sorts thanks to MimbleWimble. It is also worth noting that the May 2021 peak was only slightly higher than the previous peak in December 2017, when it exceeded $350 for the first time. MWEB optional privacy was added to Litecoins base layer in May 2022 via. In recent months, it has followed much the same trend as the price of ETH, with -27% in the last 30 days. Litecoin (Abbreviation: LTC sign: ) is a decentralized peer-to-peer cryptocurrency and. Coding Last month I merged the node code on top of the LTC 0.21 release codebase (see July update), so this month began with me merging the wallet code. LTC’s current price is 74% lower than the all-time high of $410 recorded in May 2021, and is even 20% lower than it was twelve months ago. Litecoin MimbleWimble August Recap Update Mori This update was written and provided by Litecoin MimbleWimble lead developer David Burkett. Thus, it is expected to turn LTC’s relative success over the years as a transactional currency into a starting point to impose it on the market as the main high-privacy cryptocurrency. It is enough to think that the transactions recorded daily on Monero’s blockchain rarely reach 40,000. Now the idea is to make it a cryptocurrency with a high level of privacy, also because it is already much more widely used than the most famous among similar cryptocurrencies, namely Monero (XMR). Get the latest Litecoin (LTC / USD) real-time quote, historical performance, charts, and other cryptocurrency information to help you make more informed trading and investment decisions. In other words, LTC as a transactional alternative to BTC has failed. It is enough to think that currently there are rarely more than 150,000 transactions registered per day on the Litecoin blockchain, compared to over 200,000 for Bitcoin. However, from this point of view, it has recently lost a lot of appeal, also and above all thanks to the success of Lightning Network. Litecoin was even born in October 2011, which is less than three years after Bitcoin, and has always proposed itself as a transactional alternative to BTC with faster transactions. Litecoin is the 22nd biggest cryptocurrency by market capitalization with 7.68 billion and trading at 110. RT LitecoinMag: BREAKING: Yesterday Litecoin surpassed its all time high of MWEB LTC with 166k and TODAY has reached a New All time high with 236,714 Litecoin. Litecoin was born as an alternative to Bitcoin The evolution of Litecoin The fact is that this update took a good two years of development, but it will finally allow transactions with a higher level of privacy. It’s been many months now that there have been discussions about this long-awaited update for Litecoin, a project that in recent times had remained a bit in the shadows, due to a poor evolution. Since 2011, Litecoin has led the cryptocurrency space as a secure, decentralized and innovative currency. ![]() ![]() So, for now there is just the code presumably definitive that will be tested in the coming months, and if the tests are successful, this code will be implemented in the mainnet. The code will be released today, while the activation of the mainnet will take place in a few months. The MimbleWimble code implemented on Litecoin. The MimbleWimble code implemented on Litecoin.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |