Litecoin and Monero Might Start a Collaboration

Judging by the tweets of Charlie Lee, the creator of Litecoin, the collaboration between Monero and LTC might become real making atomic swaps possible
29 January 2018   2190

The collaboration between Monero and Litecoin might become possible, as the creators of Litecoin and Monero stated in their tweets. Riccardo Spagni stated that he and Charlie Lee met and had a talk about possible merger of Litecoin and Monero alliances which may cross-improve operations with both coins.

Moreover, Charlie Lee claimed that it will take some work for atomic swaps to work properly on Monero and it's up to Monero devs and community to decide if this is a good idea, but if the collaboration happens, it's going to be huge, but no longer an unexpected surprise.

At the moment of press, those are the main parameters of the coins:

  • Monero. Average price. $317,46 
  • Market Cap. $4 970 920 492
  • 24h Volume. $74 176 900
  • Litecoin. Average price. $181,87
  • Market Cap. $9 997 338 771
  • 24h Volume. $362 351 000

Litecoin to Join Forces with Beam

MimbleWimble technology can be theoretically integrated into Litecoin
08 February 2019   472

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.