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10 sats \ 3 replies \ @ek 30 Dec 2022 \ parent \ on: Do you think Bitcoin will outlive the Euro? bitcoin
What is MWB BTC?
MWEB aka Mimblewimble is what will finally bring fungibility, actual privacy, and some added scalability to BTC, like it's done for LTC already (it's been activated earlier this year).
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Thanks for teaching me something new today. I knew about LTC incorporating Mimblewimble - didn’t know that BTC will do likewise!
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Yes, it certainly will. As it happened with SegWit and LN MWEB was invented long before, ans proposed for PoW blockchains (BTC and LTC), but developers decided to implement it earlier in LTC with Charlie Lee being one the most enthusiastic proponents in both cases, but with the involvement of developers of both blockchains. The cool thing is that once something new is developed and/or activated in one of the two, the implementation on the other is faster, sine they are so similar. Taproot was developed for BTC, while MWEB was for LTC first, and now LTC will activate taproot. and BTC will MWEB later, for sure.
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