Mimblewimble

Litecoin’s MimbleWimble Privacy Upgrade is Bitcoin Friendly

Litecoin has undertaken to create a new privacy upgrade, using techniques that were initially developed for Bitcoin. The proposal will enable users to access an opt-in privacy software by making MimbleWimble transactions on an Extension Blocks kind of side-chain. Litecoin’s MimbleWimble privacy upgrade is Bitcoin friendly, so let’s take a look at some of the...
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The Activation of MimbleWimble on Litecoin Will Take a While

Litecoin is often criticized for not getting much developer attention. The reality is very different, as this popular altcoin is in line to receive MimbleWimble support fairly soon.  A new developer update regarding MimbleWimble and Litecoin was provided a few days ago. MimbleWimble on Litecoin is far Away In the post, David Burkett explains how...
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Grin Developer Suggests A Solution For MimbleWimble Privacy Issue

A Grin developer funded by the Litecoin Foundation recently suggested a solution to fixing the common “Achilles heel of Mimblewimble privacy.” Named David Burkett, the developer at MimbleWimble (MW) privacy coin center Grin, started a thread on the monthly updates and detailed the progress on both Grin’s development and the integration of MW’s privacy focused...
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Litecoin Creator Charlie Lee Responds to MimbleWimble Privacy Vulnerability

MimbleWimble, the Harry Potter inspired protocol that Litecoin is integrating to become a privacy coin, is in the spotlight but for all the wrong reasons.  Ivan Bogatyy, a venture capitalist with Dragonfly Capital, has published a report drawing attention to a security flaw in MimbleWimble’s privacy model. According to Bogatyy, the “attack traces 96% of...
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Early Bitcoin Adopter Supports Privacy Altcoin Grin

The crypto market was born from cypherpunks hoping to disrupt the current monopoly over finance, and offer the world additional options that favored privacy and freedom. Bitcoin was the first of its kind, but many altcoin projects have since followed that keep the original goals of cypherpunks strong.The post appeared first on NewsBTC
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Litecoin Developers Mull Using Extension Blocks and MimbleWimble

When it comes to cryptocurrency development, altcoins are often considered test cases for technology that could benefit Bitcoin. Litecoin is often the go-to testing ground in this regard. It appears the popular altcoin will get its own MimbleWimble implementation. Two separate improvement proposals have been made public on GitHub.  Extensions Blocks are an Option Scaling...
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Hero Or Zero: What Has Litecoin Achieved In Eight Years?

Eight years after emerging from the primordial mist, the faster, lighter, and often experimental Bitcoin fork continues to move forward. Litecoin founder Charlie Lee shared celebrations with the LTC community on Twitter over the weekend, cheering for the continued persistence of the plucky network, since its inception eight years ago. The coin and its community...
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Ethereum 9¾: Ethereum & Mimblewimble Meld Arises to Conceal Token Spends

If you consider technical innovations to be magical, then there is plenty of magic happening around Ethereum right now. One of the newest of those innovations? Ethereum 9¾, a proof of concept system that uses powerful privacy techniques to conceal Ethereum token transactions. Named after the magical train platform from the Harry Potter series, Ethereum...
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Integrating Network-Layer Privacy Protections With Cryptocurrencies

Some of the emerging methods for deanonymizing users of cryptocurrencies stem from mapping network traffic to unveil IP addresses and making connections between identities. Privacy concerns around network-layer tracking by government surveillance programs and other avenues for unveiling identities across the Internet have led to several important developments to preserve privacy. The Tor Network and...
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Poloniex continues to support open-source development; donates to Grin General Fund

Released in January 2019, privacy-focused cryptocurrency Grin was previously in the news for its hard fork in July 2019. The hard fork in question, focused on maximizing miner decentralization and usability. The cryptocurrency has been solely reliant on crowdfunding and previously in March 2019, the coin received an anonymous donation of 50 BTC. But, the...
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Crypto Investors Have Little to Grin About with This Coin trading Near All-Time Low

Privacy coin Grin is taking it on the chin lately, along with many other altcoins in the cryptocurrency market. Grin investors have more to frown about these days, with the coin currently trading at $2.22, near an all-time low since the coin was launched in January 2019, based on CoinMarketCap data. But fundamentals appear to...
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