Litecoin Activates MimbleWimble Extension Blocks (MWEB)

Litecoin has finally announced the activation of Mimblewimble Extension Blocks more than two years after it was first introduced.

With Mimblewimble Extension Block, users of the network can opt-in to confidential transactions. The end goal is to enhance the viability of Litecoin as a fungible currency that can be used for real-world transactions by lowering fees and adding privacy, throughput, and scalability. David Burkett, a Mimblewimble expert, and developer of Grin ++, was tasked with leading the development of the MimbleWimble protocol for Litecoin.

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