Litecoin’s Mimble Wimble Implementation is now “Code Complete” – This major upgrade will brings privacy and fungibility to litecoin via extension blocks.
After over a year of ongoing development, David Burkett has officially announced that Litecoin’s MWEB is now “code complete”. This means that the code has been completed to the best of his knowledge and is now ready for formal auditing by fellow developers.
This reviewal process may last a few weeks to a few months, depending on how smoothly the auditing process advances and if any corrections are required. The finalized code will then be incorporated into Litecoin’s main codebase and will be ready for node operators and miners to signal support for. Essentially, after code implementation, it’ll then be up to the Litecoin community to decide the fate of how quickly MWEB will activate.
MWEB is an upgrade that will improve Litecoin’s fungibility and privacy — key features that are currently lacking in Litecoin and Bitcoin’s protocol’s.
Currently, Litecoin’s MWEB testnet for technical-users has been up and running smoothly since September 2020, with plans of a less-technical and more user-friendly testnet being made available to the public in the following weeks.