Charlie Lee proposing Litecoin soft fork

Charlie Lee, a creator of Litecoin, stated that he is considering upgrading Litecoin with a soft fork to let miners signal their minimum accepted fee in the block header
07 January 2018   1761

In a recent tweet, Charlie Lee claimed that Litecoin should undergo a soft fork that will let miners signal their minimum accepted fee in the block header, which should let a fee market develop without having developers to decide what the minimum fee is. Also, it will make it easier for users to estimate fees.

At the moment of press, these are main market parameters of Litecoin:

  • Average price: $298,78
  • Marketcap: $16 329 161 287
  • 24h volume: $1 305 250 000

Litecoin to Join Forces with Beam

MimbleWimble technology can be theoretically integrated into Litecoin
08 February 2019   480

Representatives of the Litecoin Foundation together with the developers of Beam  cryptocurrency are exploring the possibility of integrating MimbleWimble technology into Litecoin.

We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality.

Beam Team

It is noted that further results of cooperation of the company will be reported in their official blogs.

Worth reminding, in January Charlie Lee reported on implementation of confidental transactions in Litecoin.