![]() In contrast, the LTC transaction will have the additional option of using MimbleWimble to conceal information related to their transactions. It is unveiled that once the Litecoin network upgrade is successfully implemented, the MimbleWimble upgrade will introduce confidential transactions on the blockchain. In contrast, the community would witness the activation of the network before February 2023. If the conditions are met within a year, the upgrade is automatically implemented on the network. However, it is revealed that the upgrade will be implemented Automatically in a year if Threshold of miners is Not Met.Īccording to the brains behind the LTC network, signaling for the MWEB upgrade will continue till the 75%miner threshold is met. According to data from MimbleWimble, the visual que of the progress on the upgrade of the Litecoin Network is near 1%. Notably, the number of miners is still only 0.25% of the global network. Notably, at the time of writing, 20 mining pools have signaled for the Litecoin upgrade. 75% Litecoin miners should signal for the MWEB upgradeĪccording to experts, as with all upgrades on the blockchain network, 75% of the LTC miners are required to signal for the MWEB upgrade for it to be implemented. Moreover, Charlie Lee, the co-founder of Litecoin has recently notified the digital asset’s community through Twitter of the development surrounding the upgrade and also pointed out that AntPool was the first mining Pool that has signaled for the MWEB upgrade. ![]() ![]() Recently, miners on the crypto network have begun the process of signaling for the MimbleWimble (MWEB) upgrade. Since establishment the cryptocurrency has witnessed major utility and adoption. Litecoin is among the top 25 crypto assets in terms of market capitalization. ![]()
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