In Effort to Differentiate, Litecoin Makes a Move to Privacy
Litecoin (LTC) founder Charlie Lee told CoinDesk in an interview the project is now looking to adopt key privacy-enhancing features, which he sees as increasingly attractive to cryptocurrency users.
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Canary Capital CEO Steven McClurg has thrown fuel on the long-running debate over privacy coins, branding Zcash’s latest rally a “pump and dump” which has been rug-pulled while promoting Litecoin as his preferred privacy asset for regulated markets. Litecoin Better Than Zcash? In a series of posts on X, McClurg said the Zcash surge that […]
MaxCoin has delayed it's official launch for 24 hours, following the site's crash due to heavy loading. First came Coinye West, then RonPaulCoin. Now, the celebrity altcoin is taking the next step in its evolution with today's launch of MaxCoin, the official cryptocurrency of financial journalist and host of RT's Keiser Report, Max Keiser. MaxCoin marks the first time a virtual currency will be endorsed by a pop culture figure prior to its launch. On 28th January, Keiser even participated directly in the mining of MaxCoin's genesis block on episode 555 of Keiser Report: What is MaxCoin?....
Bitcoin has faced growing competition from newer cryptocurrencies, one of which is litecoin. Bitcoin was first introduced around 2008 in a paper by Japanese Satoshi Nakamoto and rose to fame for the next few years while litecoin was launched in 2011. According to its creators, litecoin could act as a secondary cryptocurrency to bitcoin, just as silver is a lower kind of precious metal compared to gold. As of this writing, litecoin has a market capitalization of around $75 million and is actually proving to be a rival of bitcoin, which is currently holding a market size of $4 billion.....
Privacy opt-ins are coming to Litecoin even as regulators continue to scrutinize anonymity-boosting protocols. After two years of development, Litecoin (LTC) has finally launched its highly anticipated Mimblewimble upgrade, opening the door to more privacy-oriented transactions on the network. Mimblewimble’s integration into Litecoin came by way of the Mimblewimble Extension Block, also known as MWEB, which allows the network’s users to opt-in to confidential transactions. MWEB lead developer David Burkett, who has been sponsored by the Litecoin Foundation, said the upgrade improves....
Crypto privacy coins have become the front-runners of the market recently, rallying even when Bitcoin and other altcoins have been on the decline. As the privacy narrative continues to run, there have been obvious winners and some that are yet to move in accordance. So, here is a list of some of the most popular privacy […]