Creator of Lite ensures the asset will reach more privacy
Charlie Lee said that at some point in this 2019 his team will be releasing the new update that would bring greater confidentiality
The creator of the cryptocurrency Litecoin Charlie Lee assured through his official Twitter account that his team is working on improving the privacy of the digital asset.
In his account he published that “Fungibility is the only property of sound money that is missing from Bitcoin & Litecoin.”
Fungibility is the only property of sound money that is missing from Bitcoin & Litecoin. Now that the scaling debate is behind us, the next battleground will be on fungibility and privacy.
I am now focused on making Litecoin more fungible by adding Confidential Transactions. ?
— Charlie Lee [LTC⚡] (@SatoshiLite) 28 de enero de 2019
On the other hand, the creator of the Litecoin indicated that it is their duty to always work to improve the privacy of their cryptocurrency, also saying that it promises in a future to apply the option of “confidential transactions”.
He also said that this update would be reaching users of digital assets at some point during 2019.
The Litecoin is in position number seven in terms of total capitalization of the cryptocurrency market.
K. Tovar
Source: Cointelegraph
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