Litecoin, one of the oldest cryptocurrencies in the market, has already released its long-awaited network update called Mimblewimble through extension blocks – also known as MWEB. This is the most important update for Litecoin’s network after the activation of Segregated Witness (SegWit) several years ago. Thanks to this new update, the virtual currency is now the largest privacy-focused digital currency in the market.
The cryptocurrency market forgot about an old player in the space. We are talking about Litecoin, which has been one of the most popular cryptocurrencies over the last few years. Due to the large growth and expansion of other blockchain networks such as Solana (SOL), Terra (LUNA), Avalanche (AVAX) and Dogecoin (DOGE), Litecoin lost its position as one of the top 20 digital currencies in the market.