February 22, 2024

The developer spoke about the latest development achievements of MimbleWimble in the Litecoin network

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David Burkett, the lead developer of the Grin project, currently working on the integration of MimbleWimble into the Litecoin network, spoke about the latest achievements in this direction.

He notes that the developers have achieved greatprogress. One of the main achievements, according to Burkett, is that the Litecoin Foundation has absorbed all the costs associated with the implementation of the MimbleWimble extension and Grin++.

The network also carried out the first everMimblewimble pre-broadcast (AFAICT) using CoinJoin. For those who are less familiar with Mimblewimble, it will be useful to know that when a transaction is added to a block, its data is already combined with other transactions. However, transactions are broadcast before they have a chance to join other transactions, meaning that the nodes controlling the network can see the original transaction channels. Sending the transaction directly to the CoinJoin server before broadcasting is one of the methods that is used to increase the privacy of the network.

In addition to the mixers, which is CoinJoin, it is also recommended to use the TOR browser.

Mimblewimble needs interaction withrecipient, so by using TOR we can use familiar addresses, easier setup with much better privacy, &#8211; writes Burkett.

Mimblewimble &#8211; a solution that will allow LTC users to make confidential transactions.

The developer promised that in the future he will publish updates monthly so that users of the Litecoin project are aware of all the developments.

Let's remember that last month the developers published 2 new proposals to improve LTC: LIP-0002 and LIP-0003.