Those who have experience with cryptography and reviewing C++ code can join the MWEB developers telegram channel.
The MWEB Progress Update Thread read Thus:
“We’re still struggling to get developers to review the libmw code. The code has changed quite a bit since the PR was first submitted though, so I will likely be closing it and creating a number of new, smaller, and hopefully more digestible PRs over the coming weeks.
I met with Quarkslab yesterday to discuss what we need audited, and I will continue to work with them over the next week or two while they gather what they need to do their initial assessment & estimate for the audit. Round the end of the year, barring no major surprises from the auditors.”
The Coding and Testing updates were: “Unified the build process to support existing release strategies. Removed superfluous interfaces and boilerplate code. Working automated builds for multiple platforms.”
For those who do not know, Grayscale Litecoin Trust is the first publically quoted Litecoin investment vehicle. Grayscale Litecoin Trust is solely and passively invested in Litecoin, enabling investors to gain exposure to LTC in the form of a security while avoiding the challenges of buying, storing, and safekeeping LTC directly.
For clarity, it is “Publicly quoted on OTC Markets under the Alternative Reporting Standards.”
The trust facilitates Robust Security and Storage as Grayscale Litecoin Trust’s assets are stored in offline or cold storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under section 100 of New York Banking Law and a qualified custodian for purposes of Rule 206 (4)-2(d)(6) under the Investment Advisors Act of 1940, as amended.
Grayscale Litecoin Trust provides a secure structure to gain exposure to LTC. Eligible shares are quoted on OTC Markets, under the Alternative Reporting Standards. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.
Grayscale shares (based on LTC per Share as indicated below) track the LTC market price, less fees and expenses. Users are advised to consult with financial professional.
The Trust may from time to time incur certain extraordinary expenses, which are payable by the Trust. Each share represents 0.09278682 LTC.
There are many who are actively buying LTC at this time. Many are like what utility LTC have now? A little learning and it will be possible to know what is possible with LTC.
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