The creators of the Beam cryptocurrency announced on their blog that representatives of the Litecoin Foundation became interested in the possibility of integrating the Mimblewimble technology into Litecoin, which makes it possible to achieve the highest transaction anonymity. At the moment they are testing the conversion of ordinary LTC into their Mimblewimble variation and back. When the goal — the conversion of tokens back and forth — is achieved, users will be able to make 100% anonymous transactions with Litecoins using the MimbleWimble technology.
Litecoin cryptocurrency creator Charlie Lee announced his intention to implement support for confidential transactions as early as the previous week. And the representatives of both teams decided to share the results of their work with the public and promised to publish updated information as soon as it becomes available. "We will be glad to collaborate with the Litecoin Foundation and expect it to be productive," the Beam statement says.
