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

2020-2-3 16:05

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 =$69.5246 change ~ -3.69%

Coin Market Cap

$4.45 Billion

24 Hour Volume

$514.97 Million

24 Hour VWAP

$71

24 Hour Change

$-2.5687 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~LTC~USD");

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Litecoin (LTC) на Currencies.ru

$ 101.24 (-0.14%)
Объем 24H $705.774m
Изменеия 24h: 0.03 %, 7d: -14.78 %
Cегодня L: $97.62 - H: $103.64
Капитализация $7.627b Rank 23
Цена в час новости $ 64.69 (56.5%)

litecoin mimblewimble progress introduction non-interactive had possible

litecoin mimblewimble → Результатов: 87


В тестовой сети Litecoin развернуты обновления Mimblewimble и Taproot

Команда Litecoin развернула в тестовой сети новую версию клиента Litecoin Core 0. 21. 2. Релиз включает обновления Mimblewimble Extension Block (MWEB) и Taproot. Mimblewimble — это протокол с возможностями широкого масштабирования и повышенной приватности.

2022-3-19 15:47


Разработчики Litecoin заявили о готовности обновления Mimblewimble

Ведущий разработчик обновления Mimblewimble Extension Block (MWEB) Дэвид Беркетт подтвердил его готовность к активации в основной сети Litecoin. BREAKING: After years of development, Litecoin’s #MWEB - Mimblewimble Extension Block upgrade will be included as part of the #Litecoin Core 0.

2022-2-1 12:09


Разработчики продолжают внедрение технологии MimbleWimble в Litecoin

Разработчик Litecoin и Grin++ Дэвид Беркетт опубликовал обновленную информацию об интеграции MimbleWimble в Litecoin. Он сообщил, что была создана тестовая среда и началась интеграция с кодовой базой.

2020-5-7 18:19


Litecoin’s MimbleWimble receives a major upgrade while LTC is trending up

The Grin developer tasked with implementing privacy features in Litecoin announced the introduction of a new type of transaction that will “open up more opportunities going forward. ” MimbleWimble development update In a blog post, David Burkett, the project lead for the Litecoin MimbleWimble (MW) proposal, announced the integration of non-interactive transactions.

2020-2-3 20:39


Разработчики Litecoin представили вариант проекта по интеграции MimbleWimble

Разработчики Litecoin Foundation опубликовали сразу два предложения по улучшению протокола (LIP-0002 и LIP-0003), предусматривающих интеграцию технологии MimbleWimble для обеспечения приватности транзакций.

2019-10-23 15:32


Представлено обновление Litecoin с интеграцией технологии конфиденциальных транзакций MimbleWimble

Разработчики Litecoin Foundation опубликовали сразу два предложения по улучшению протокола (LIP-0002 и LIP-0003), предусматривающих интеграцию технологии MimbleWimble для обеспечения приватности транзакций.

2019-10-23 14:02


Litecoin One Step Closer to MimbleWimble, MW LIP Published on LTC Git Repository

Earlier this year, Litecoin creator Charlie Lee announced that soon confidential transactions and MimbleWimble implementation would be introduced to the 6th largest cryptocurrency. Last month, it has been announced that the Litecoin Project is working with David Burkett, a Grin ++ developer to add MimbleWimble support to the Litecoin network. Now, a draft of two […]

2019-10-22 21:14


Litecoin Foundation и Beam объявили о сотрудничестве

Как сообщают создатели криптовалюты Beam в своем блоге, представители Litecoin Foundation заинтересовались возможностью интеграции в Litecoin технологии Mimblewimble, позволяющей получить максимальную анонимность транзакций.

2019-2-8 08:00


Разработчики Litecoin заинтересовались интеграцией технологии MimbleWimble в свою криптовалюту

Представители Litecoin Foundation совместно с разработчиками криптовалюты Beam изучают возможность интеграции технологии MimbleWimble в Litecoin. Об этом команда Beam сообщила в своем блоге. В настоящее время они тестируют конвертацию обычных LTC в их Mimblewimble-вариацию и наоборот.

2019-2-7 14:53


Beam поможет Litecoin в реализации внедрения конфиденциальных транзакций

Создатели криптовалюты Beam в своём блоге сообщили, что с ними связались представители Litecoin Foundation, интересующиеся возможностью интеграции технологии Mimblewimble в Litecoin. Litecoin Foundation and Beam Cooperation Announcement https://t.

2019-2-7 13:55


Фото:

Анонимные транзакции в Litecoin реализуют с помощью протокола MimbleWimble

Несколько дней назад создатель Litecoin Чарли Ли заявил, что разработчики криптовалюты приложат все усилия для внедрения конфиденциальных транзакций в LTC. Если всё пойдёт по плану, анонимно пересылать монеты можно будет уже к концу 2019 года. Правда, комьюнити-менеджер Litecoin Foundation Илир...

2019-2-5 14:15