According to the creator of Litecoin Charlie Lee, the introduction of confidential transaction technology will be a new stage in the development of “digital silver”.
Lee points out that interchangeability is an important characteristic of a stable currency, which Bitcoin and Litecoin lack.
Fungibility is the only property of sound money that is missing from Bitcoin & Litecoin. Now that the scaling debate is behind us, the next battleground will be on fungibility and privacy.
I am now focused on making Litecoin more fungible by adding Confidential Transactions.
Litecoin creator plans to improve its product this year. At the same time, he notes, softfork is enough for the upgrade.