In summary: On the 1st of this month, Litecoin’s MimbleWimble protocol was launched on the Testnet MimbleWimble developer, David Burkett, explained that the testnet version still has to undergo further testing before the Litecoin community can test it Full activation on the mainnet will be some time in 2021 On...
Launched in October 2011 as a Bitcoin (BTC) fork, Litecoin (LTC) has consistently ranked among the top cryptocurrencies. As a leading peer-to-peer (P2P) digital asset platform, the Litecoin network adopted SegWit (for more efficient transaction data processing) before it was added to the Bitcoin protocol. Litecoin’s developers have also integrated...
To overcome the looming threat of economic downturn, the US Federal Reserve has cut interest rates for the first time since 2008. In response, Litecoin creator and former Director of Engineering at Coinbase Charlie Lee issues a tongue-in-cheek tweet announcing his own financial policy modification: halving the Litecoin mining rewards...
Quick take: Flare Networks will be integrating Litecoin ahead of their Q2 launch Litecoin users will be able to use Ethereum style smart contracts Litecoin holders qualify for a 5 Billion Spark Token (FLR) airdrop Details of the airdrop will be provided later with the tokens being sourced from the...
LTC Price Halves After Litecoin Halving Just like the rest of the cryptocurrency market, the Litecoin price has been absolutely slammed over recent weeks. As of the time of writing this, LTC has collapsed to $55, trading 3% lower than what the cryptocurrency was at 24 hours ago. While a...
Litecoin has activated the privacy protocol Mimblewimble. Mimblewimble allows the obfuscation of sender and recipient addresses, as well as transaction amounts. Privacy coins are frowned upon by the governments, so it remains to be seen how they will react. The Litecoin network has officially activated privacy protocol Mimblewimble, the Litecoin...
Litecoin’s MimbleWimble protocol is on track for activation around the end of the year The Litecoin MimbleWimble code is currently being reviewed and audited by developers The team at Litecoin has requested any interested developers to join the MimbleWimble Telegram channel to help with the process Like Bitcoin, Litecoin is...
Litecoin Plunges in Wake of Halving In August, Litecoin (LTC) saw its latest block reward reduction — dubbed a “halving” or a “halvening”. While countless analysts were expecting for the cryptocurrency to surge in the wake of the inflation reduction, it didn’t. In fact, Litecoin plunged, falling from a three-digit...
Summary: Code to Litecoin’s MimbleWimble will be ready by Q1 of 2021 Activation will soon follow depending on the Litecoin community and miners Litecoin has soared by over 211% in Q4 of 2020 Litecoin could continue to gain in the markets as investors look for digital assets that do not...
Although Bitcoin faced a strong and swift rejection from the upper-$10,000 region yesterday, many major altcoins have been able to surge against their BTC trading pairs today, with Litecoin leading the way. Importantly, today’s surge in the aggregated altcoin market may signal that they are once again beginning to form...
Komodo (KMD) platform will start using Litecoin for cross-chain notarizations The move is aimed at providing a cost-effective mechanism for 51% protection Komodo has been using Bitcoin but a need to reduce costs and scale has led to the switch to Litecoin The switch will happen in June of this...
Quick take: The Litecoin Foundation has an announced a partnership with Hub The partnership will be for the delivery of virtual and hybrid events to the crypto industry and Litecoin’s over 1,000,000 global member community Such events are particularly important during COVID times that require social distancing Litecoin’s global community...
