• bitcoin

    Bitcoin (BTC)

    $ 4,139.23 4.31%
  • ethereum

    Ethereum (ETH)

    $ 159.41 8.21%
  • ripple

    XRP (XRP)

    $ 0.337379 5.32%
  • stellar

    Stellar (XLM)

    $ 0.095636 6.11%
  • eos

    EOS (EOS)

    $ 4.26 10.79%


Litecoin price up over 12% after core devs announce possible MimbleWimble implementation

Within the past 24 hours, the price of litecoin has increased by more than 12%. Litecoin is now the fourth-largest cryptocurrency by market cap on CoinMarketCap, passing EOS. This price increase comes after a blog post revealed that the Litecoin Foundation and Litecoin core developers have approached BEAM, a company implementing the MimbleWimble privacy protocol, about "possible cooperation to implement MimbleWimble via Extension Blocks on Litecoin."

MimbleWimble is a privacy protocol that obfuscates transactions sent on a blockchain. Extension Blocks aim to enable a network to optionally support different kinds of blocks on a blockchain. With Extension Blocks implemented on Litecoin, users can theoretically convert their standard litecoin to MimbleWimble variants of litecoin, leveraging the privacy features provided by MimbleWimble.