Privacy and Efficiency: Litecoin (LTC) with MWEB Layer Reaches New Record!

Jakarta, Pintu News – Three years after its activation, Litecoin’s (LTC) MimbleWimble Extension Block (MWEB) Privacy Layer is showing significant growth, signaling an increased demand for privacy on the blockchain that does not sacrifice speed or scalability.

Since its launch on May 19, 2022 in Litecoin Core 0.21.2, MWEB has been a hot topic among crypto users and analysts for its unique ability to provide more private and efficient transactions.

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Advantages of MWEB Technology

MWEB introduces an optional parallel ledger on each Litecoin block, which is secured by the same proof-of-work miner but hides the transaction amount. This technology uses secret transactions, native CoinJoin mixing, and stealth addresses to protect user data.

Thanks to MimbleWimble technology that prunes spent data, this design reduces the blockchain storage load while maintaining fungibility. With more than 90% of miners and nodes now validating MWEB blocks, and around 150,000 LTC, or about $12 million, locked in the private layer, adoption of the technology is at an all-time high.

This suggests that the larger the coin pool in a MWEB, the harder it is to match deposits and withdrawals, which in turn attracts interest from privacy-conscious holders.

Read also: XRPL Launches Update 2.5.0, Ready to Rival Ethereum and Solana?

Wallet Support and User Adoption

Wallet support for MWEB continues to grow, with Cake Wallet adding it in October 2024, allowing private transactions on mobile devices. Litecoin Core supports it starting from version 0.21.3, while Electrum LTC offers privacy features such as coin control for desktop users without the need to run a full node.

This demonstrates Litecoin’s commitment to providing practical and accessible solutions for everyday users. Industry observers see the success of MWEB as a change in perception of the network, which was previously seen as a testing ground for Bitcoin (BTC).

With low fees, fast confirmations, and now an optional privacy layer, Litecoin is asserting its position as a practical medium of exchange, not just a platform for other chain innovations.

Also read: 3 Fastest Memecoins You Should Watch Out For

Future Expansion and Development

Litecoin doesn’t stop at payments. An Ethereum Virtual Machine (EVM) compatible project, LitVM, is being developed to build a smart contract layer that will connect Litecoin with DeFi, NFTs, and Polygon’s AggLayer liquidity network (MATIC).

This expansion could broaden the use of the asset beyond just payments, opening up new opportunities within the broader crypto ecosystem. Meanwhile, the rapid adoption of MWEB shows that privacy and scalability can coexist without compromising Litecoin’s open network ethos.

If current trends continue, MWEB could be a turning point not only for Litecoin but also for the broader debate on how public ledger systems balance transparency with individuals’ financial privacy rights.

Conclusion

With this latest achievement, Litecoin proves that blockchain technology can evolve to meet the needs of privacy and efficiency without compromise. MWEB has opened a new chapter in Litecoin’s evolution, promising a more private and efficient future for crypto users around the world.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Litecoin’s Privacy Layer MWEB Hits Record 150k LTC Locked. Accessed on June 26, 2025
• Featured Image: Unsplash