Blockchain
By Dan Saada
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Litecoin (LTC) Mimble Wimble Implementation
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Those who do not have a clear picture about Litecoin will be able to get a clear idea by following the Introduction to Litecoin.
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Grayscale tweeted: “Are you familiar with #Litecoin? Get familiar with our Building Blocks series $LTC, aimed to help investors of all levels better understand & compare and…
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The Grayscale introduction covers a wide array of details ranging from defining the characteristics of Litecoin, differentiating it from Bitcoin, explaining the potential…
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The summary concludes stating that Litecoin was introduced as a solution to the Bitcoin scalability problem facilitating fast confirmations and low fees.
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The introduction reinstated on how Litecoin are targeting the commercial payment market by making all attempts to onboard lot of merchants in to accepting Litecoin.
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In response to the introduction one of the commentators opined that Grayscale should understand that there are no relative merits of any Bitcoin Clone.
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Sydney Ifergan, the crypto expert tweeted: “Litecoin (LTC) call themselves to be complementary to Bitcoin, however, they are not Bitcoin itself.
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Litecoin Foundation tweeted about difficult adjustment thus: “Current #Litecoin mining difficulty is at 7,906,110 & will adjust to 9,479,960 in approximately 5 hours.
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In an attempt to provide further clarity about Mimble Wimble Implementations, Litecoin Foundation also tweeted: “Want to know the latest with Mimblewimble implementation on…
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They have expressed that the LTC mempool logic ended up being quite complex than they predicted. Further, stated how they have to revisit the area after the testnet launches.
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Apart from the mempool changes, a code was written to support the mining extension blocks with a few edge cases and lot of testing needed.
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