Litecoin Won’t Be Hardforked. Cryptocurrency Will Be Updated This Year
Altcoin will support private transactions, says project’s founder Charlie Lee.
Implementation of private payment technology will be a new stage in project development. The founder noted that the altcoin will be updated before the end of the year and it is not needed to hardfork the network for this purpose, softfork will be enough.
Lee claimed that fungibility was the only property of sound money that was missing from Bitcoin & Litecoin. In his opinion, now the next battleground will be on fungibility and privacy. He says he wants to make Litecoin more fungible by adding Confidential Transactions.
Earlier, the project was rebranded and presented a new logo. It concluded partnership agreement with UFC in the end of 2018 and cryptocurrency advertisement appeared in the octagon in Los Angeles.