MWEB Privacy: Litecoin's Confidential Transactions Explained
MimbleWimble Extension Blocks (MWEB) add optional transaction privacy to Litecoin. When users peg LTC into MWEB, transaction amounts become confidential and addresses are not linked on-chain. Coins can be pegged back out at any time. MWEB launched on the Litecoin mainnet in May 2022.
- MWEB launched on Litecoin mainnet: May 19, 2022
- Transactions inside MWEB have confidential amounts and unlinkable addresses
- MWEB is opt-in: regular LTC and MWEB LTC coexist on the same chain
- Peg-in moves LTC into the privacy layer; peg-out returns it to transparent LTC
- ltc.supply tracks MWEB locked supply, peg-in/peg-out history, and transaction counts
Full interactive article with on-chain data available at ltc.supply/news/mweb-privacy