MWEB is set to be the largest upgrade to the Litecoin network ever, promising to provide fungibility for all, while improving LTC's scalability.
Due to the size of the change, it has been in progress for 2 years now, but the end is in sight!
This timeline provides our best estimates for when the final steps will take place, but please keep in mind that everything is subject to change.
Mar 15 2021
The initial code is complete! The first pull request can be found here.
This contains all of the code for "libmw", which is a modular library that helps keep the bulk of the MWEB code separate from the existing codebase,
which makes it easier for us to continue to take improvements from the bitcoin code.
Reviews and Audits
The code will be reviewed by LTC & BTC developers, mimblewimble experts, and professional security auditors.
We will also be testing in parallel and fixing any issues found.
The first LTC release containing MWEB code.
This will have the complete MWEB code, ready to be used by miners and node operators everywhere as soon as MWEB activates.
Once miners take the released code, they may begin signaling for MWEB activation right away.
As soon as the activation threshold is met, the MWEB activation date will be locked-in.
Enjoy using one of the most scalable, fungible cryptocurrencies ever.
May God have mercy on the fiat currencies of the world.