Litecoin (LTC) has relaunched its MimbleWimble testnet, a protocol designed to enhance privacy and confuse the traceability of distributed ledger transactions, as MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin in which blocks appear as a single large transaction, preventing the individual inputs and outputs relating to the transactions from being identified. It has been reported that David Burkett, the Lead Developer of the Mimbl

Major privacy-oriented cryptocurrency, Beam (BEAM) is making its first official move towards private DeFi through its upcoming June 2020 hardfork. On June 24. Beam announced its anticipation of Beam’s soon-to-come hard fork. The team behind the project updated a number of relevant specifications, paving the way to the so-called “Confidential Defi.” BeamHash III – The Final Algorithm The countdown has begun to the final Beam algo change with BeamHash III to be born into the #

The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has built a functional testing framework and have started integrating the development work done so far into Litecoin codebase. According to a May 1 report on the Litecointalk forums, the project to implement the MW privacy enhancements into Litecoin with the build of test-bed claims to have reached an important milestone. April Progress Update: Functional test framework written. Block validation tes