On Monday, January 31, the Litecoin Foundation announced the much-awaited Mimblewimble upgrade coming to the Litecoin blockchain network. Lead developer David Burkett confirmed that the upgrade comes in the form of a Mimblewimble extension block (MWEB) officially released as an RC.
The implementation of MWEB will come along with the Litecoin Core 0.21.2 release candidate. This includes some of the major privacy and security enhancements with the Taproot upgrade.
Security and code auditing company Quarkslab released its audit of MWEB code which notes: “The protocol provides valuable new security enhancements about the privacy of transactions on the blockchain”. Speaking of this development, Litecoin creator Charlie Lee said:
“The planning, development and now activation of MWEB has been a true community effort, beginning with multiple years of donations from Litecoin supporters all over the world, and culminating with the dedication and attention to detail of David Burkett; who le
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