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 =$271.0363 change ~ 8.16%

Coin Market Cap

$18.09 Billion

24 Hour Volume

$1.89 Billion

24 Hour VWAP

$263

24 Hour Change

$22.12

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide