Litecoin MimbleWimble Making Progress, February Will Focus on the Most Important Part

    • In January, Litecoin MimbleWimble saw introduction of non-interactive transactions and a solution to a major UX hurdle
    • In February, the priority will be to “implement the consensus rules for the LTC EB”
    • Meanwhile, Grin++ saw the “most stable release” of 0.7.5 version

    While sharing the January progress on Litecoin MimbleWimble (MW), David Burkett, the project lead said the biggest news had been the introduction of non-interactive transactions within MW which was previously not possible. Burkett also worked on a solution to a major UX hurdle which as he explained,

    “the biggest difficulty with using MW is the need for sender and receiver to communicate, which requires receiver to be online when sending.”

    He then proposed eliminating that need along with an updated version of the write up that he said will be released soon. This he said would remove the major UX hurdle and limit long-term maintenance requirements. Additionally, it would support “receiving via cold-storage, making hardware wallets easier to support.”

    On the development side, Burkett reports that the build process for libmw, a partially redesigned version of Grin++ proposed for MW within Litecoin, has been determined and local builds are now working. Burkett said,

    “I’ve also built out a robust Database framework with transactional capabilities to support atomic updates across multiple tables, and have implemented the block database querying and updates, which is coin-agnostic, and has been partially tested using LTC-specific header and block models.”

    The most stable release of Grin++ 0.7.5

    On the Grin++ side, he shared that they had a successful planned hard fork, with the pre-hard fork syncing issues resolved. As such, Grin++ 0.7.5 is now available which Burkett said is “the most stable release yet.” Now, he expects an even faster development pace over the coming months.

    The security audits meanwhile aren't published publicly and all the applied fixes to libmw and Grin++ are awaiting final review from the auditors.

    Burkett who is a publicly funded developer working on the Litecoin Core Project has been paid 138.36074798 LTC (worth around $7,400) for December month out of the total $40,000 raised in BTC and LTC, that involved community donations and the matched amount donated by Litecoin founder Charlie Lee.

    Priority now to “implement the consensus rules”

    Now as we enter into February, Burkett said the priority will be to “implement the consensus rules for the LTC EB,” this month which includes all validation and a full suite of tests.

    However, it would be a time-consuming process because it is the most important part of the code and they want to ensure that all the details are correct and the code has full test coverage.

    Once this process is complete, Burkett will be working on the API for the extension block,

    “so we can start integrating libmw into the existing LTC codebase.”

    “I will also focus on getting the new one-sided tx proposals thoroughly reviewed, and if no major security concerns are found, I will create an LIP for community feedback.”

    Litecoin (LTC) Live Price

    1 LTC/USD =$46.6592 change ~ 3.95%

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    $320.61 Million

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    AnTy has been involved in the crypto space full-time for over a year now. Before his blockchain beginnings, he worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

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