Litecoin’s Charlie Lee: MW Implementation Won’t Affect Exchanges Much

Updated : 2019-12-03T07:04:26

Litecoin has been deemed by many to be the lighter version of Bitcoin since the network often implements almost everything that the developers of the king coin propose. Appearing in a recent podcast, Litecoin creator Charlie Lee addressed imminent updates such as Schnorr signatures, Tapscript and Taproot on Bitcoin as well as on Litecoin. He said: "For light coin, when we launched this, I don’t see many exchanges actually supporting the MimbleWimble side of things. It’s a soft fork so they don’t have to. So they’ll keep supporting the main chain. And I think everything is status quo."