in short:
MimbleWimble core developer David Burkett has stated that code for the prospective improve might be able by means of March fifteenthin this date, the code will likely be ready for final evaluation and formal auditingMiners will then agree on whether to put in force the upgrade or no longerMimbleWimble has been running on the testnet for 3 months
The code to Litecoin’s doable MimbleWimble (MWEB) upgrade might be complete on the 15th of March. in this date, the code to the MWEB protocol shall be able for final evaluate and formal auditing. on the time of writing, MimbleWimble has been running easily at the Litecoin testnet for the remaining 3 months.
MimbleWimble’s core developer, David Burkett, recently up to date on the development of the project as follows.
I wager I’ll just kick the can a little bit additional down the street, and shoot for launching a neighborhood testnet someday after the code is finished this month. There’s still a ton of work left to do earlier than the code assessment can also be submitted, but I remain assured & devoted to assembly the March 15th goal.
MimbleWimble can be an Choose-in Characteristic if Implemented
Once the MimbleWimble code is reviewed and audited, Litecoin miners will then have the final say as to whether the improve can be implemented or no longer.
According to the crew at Litecoin, MimbleWimble will probably be an choose-in feature for LTC users. it will run at the MW chain become independent from the primary Litecoin chain. This chain will give you the benefits of stepped forward fungibility and privacy.
No want to Delist Litecoin if Governments Come Calling
As with all upgrades, Litecoin pockets builders and crypto exchanges could have complete discretion as as to if to implement the MimbleWimble or now not.
In the long run, if governments choose to crack the whip on Litecoin mentioning it is a privateness coin, the same crypto exchanges and wallets may have the choice of no longer helping the MimbleWimble extension block. this implies that delisting Litecoin will not be vital because the LTC main chain is a separate entity utterly.
