It has been a long journey, but we’re getting close to the finish line. 2021 is shaping up to be a great year for LTC. The testnet is running smoothly, with only a few bugs remaining to track down.

I’ve updated the one-sided txs proposal[1] to guard against Wagner’s attacks[2]…

On the 27th September 2020 at 06:01 UTC Block 1,920,000 created the 66 millionth Litecoin, marking another milestone on the network. There are now less than 18 million Litecoin to be mined. The last Litecoin is estimated to be mined around 2142 due to the deflationary nature of the network.

According to data from blockchair the 46.44 KB block was mined by litecoinpool.org and contained 45 transactions (43 of which were segwit type transactions) with 284 inputs and 91 outputs moving Ł990.321271384** **($45,930) (with an average coin age of 19.51 days) over the network.

The current network inflation rate according to litecoinblockhalf.com is 4.13% which equates to ~7,200 new Litecoin mined each day and the current network hashrate is 275TH/s up 51% since the 65 millionth Litecoin.

The August MimbleWimble update from David Burkett has just been published, covering the latest work done on the project in the last month, along with discussing future plans and the testnet release at the end of September. So without further ado, over to David:

I apologize in advance for the…

Good / Bad news everyone! We are officially half way through 2020 and with June now behind us, David Burkett, the project leader for the Litecoin MimbleWimble implementation has published another development update so let’s jump right into it.

Starting with mempool logic. Upon further exploration Burkett states this area…

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