Tag: Mimblewimble

MimbleWimble Support for Litecoin Continues to Progress

Litecoin is often referred to as a mere copy of Bitcoin. That is rather unfair sentiment, primarily because there are plenty of developments taking place. One of those ongoing developments is known as MimbleWimble. Litecoin’s Implementation of MimbleWimble Progresses Nicely While not unique to Litecoin, significant progress on implementing this solution has been made in recent months.  In the latest update, some more details have been released. One drawback to …
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Litecoin’s MimbleWimble Privacy Upgrade is Bitcoin Friendly

Litecoin has undertaken to create a new privacy upgrade, using techniques that were initially developed for Bitcoin. The proposal will enable users to access an opt-in privacy software by making MimbleWimble transactions on an Extension Blocks kind of side-chain. Litecoin’s MimbleWimble privacy upgrade is Bitcoin friendly, so let’s take a look at some of the implications of this plan, as well as answer the question “what is Litecoin?”. What is …
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MimbleWimble is not the Secure Privacy Implementation you Think it is

A lot of cryptocurrency enthusiasts have high hopes for the MimbleWimble protocol. It would unlock additional privacy features, not just for Grin, but other coins implementing this technology in the future.  In a recent post by Ivan Gobatyy, however, it becomes apparent there are some key flaws associated with the privacy aspect of this technology.  MimbleWimble has a Privacy Problem He explains how it is possible to uncover the addresses …
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Litecoin Developers Mull Using Extension Blocks and MimbleWimble

When it comes to cryptocurrency development, altcoins are often considered test cases for technology that could benefit Bitcoin. Litecoin is often the go-to testing ground in this regard. It appears the popular altcoin will get its own MimbleWimble implementation. Two separate improvement proposals have been made public on GitHub.  Extensions Blocks are an Option Scaling cryptocurrencies remains one of the more pressing matters in the industry today. Several altcoins have …
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