The entire Litecoin community has been anticipating the implementation of the privacy protocol, MimbleWimble into the network. While Grin developer, David Burkett has been working on the MimbleWimble project since last December, the implementation is in its final stages. The Grin Developer shared a post highlighting, the progress of the MimbleWimble implementation during the month of August.
Testnet To Roll Out In September
Burkett seemed to have checked off all that he had planned for the month of August as he revealed the same in his blog post. The Grin developer pointed out that he concluded the Initial State Download, specifically the validation of the MWSTATE messages. Burkett, however, believes that “malicious peers” could find a way into the new messages and use them to DoS nodes. He also added that he would focus on the aforementioned concern post the release of the testnet.
Burkett further wrote,
“I also took advantage of the opportunity to go back and clean up some code & strengthen some of the more fragile logic, particularly around management of the UTXO set (the collection of unspent coins).”
Furthermore, the blog post highlighted the work that is underway before the launch of the testnet by the end of September. The testnet will reportedly entail a basic CLI or JSON-RPC protocols so that the users can engage in experiments while the developer includes non-interactive transaction support.
The implementation of the MimbleWimble protocol intends to bolster privacy as well as the fungibility of the network, despite its capabilities, the announcement paved the way to tremendous backlash. Several from the community believed that the implementation of this protocol could convert Litecoin into a privacy coin. Since privacy coins like Monero have endured increased scrutiny, the community feared that LTC would join the list after the implementation of MimbleWimble. The latest update, however, led to many individuals suggesting that MimbleWimble had the potential of becoming a “game-changer” for the Litecoin network.
Back in August the developer sought more funds for the development of the MimbleWimble protocol as the previously accumulated funds were as low as $3000.
