On the official Litecoin Foundation blog, the Litecoin Core 0.21.2 version was revealed, along with the Taproot upgrade for Litecoin (LTC) and details of the Mimblewimble Extension Block (MWEB).

So, when will the upgrade take place? Unfortunately, not right away. The first step will be a voting process in which each miner will vote on whether or not they support the implementation of MWEB, which requires a 75 percent majority to pass.

Only miners that have upgraded to Litecoin Core 0.21.2 will be eligible to vote.

Privacy You Can Use, or Not...

Countries such as South Korea have outlawed the usage of cryptocurrencies like Monero and ZCash, which allow for anonymous fund transfers thanks to their high levels of anonymity.

As a result, users of Litcoin now have the option of performing an untraceable transaction or a regular transfer as previously.

Private Bitcoin Coming?

The same technology being used to turn Litecoin into a privacy coin years after its release could be applied to Bitcoin as well, it's all open source and available if the community wishes. There's a growing number of Bitcoin users saying they would support it.

------
Author: Fernando Perez
Latin America Newsdesk | Mexico City
Breaking Crypto News