đŸ„ł Newborn alpha release

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The Newborn alpha mweb light wallet is working! It’s been available for some months now but I just noticed. I am very excited since I was able to try it out without any issues.

With the core wallet and a light wallet update on the works the MWEB-on-Litecoin ecosystem is looking complete.

Fungibility is nearly here.

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Great to hear! The MWEB light wallet is a game-changer for Litecoin’s privacy and usability. With core updates coming, fungibility is finally within reach. Can’t wait to see broader adoption—exciting times for LTC! Keep testing and sharing feedback.

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No need for Fungibility at all, if people read the whitepaper they’d know that crypto is a P2P network. A payment vehicle, enabling people to pass on value over borders. NFT are not Cryptos. They are digital artforms at best.

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I don’t understand your meaning here at all, @Nickz.

A Peer-to-Peer electronic cash network can be fungible or non-fungible. It depends how the tech is designed.

With bitcoin and litecoin, the public keys, and addresses derived thereof, function like serial numbers, allowing traceability back to the origin of the money, and so giving the users assurance that the money is not counterfeit.

There’s a compromise here. It’s fungible because one sat or lit is worth the same as any other sat or lit (in theory) and you just ask for “3 LTC” for example, not choose the LTC like you’re choosing sushi rolls at a gourmet sushi restaurant. But it’s also non-fungible because the addresses that function like serial numbers allow you to identify the history behind each lit or litecoin. When exchanges block bitcoin which have gone through coin-mixers, that’s a great example of the disadvantages of non-fungibility.

I’m not an expert on MWEB, but I think that the ‘real’ litecoin are sent to an address and locked there. Then 1:1 representations of it are created in the MWEB. People can trade there, and it’s fungible, just like using cash, because there is no history to the MWEB-LTC and no third party sees who sent what.

So, I think Anigaits was just saying that it’s good that we have this cash-like, fungible option. What’s wrong with that? You are still able to transact in the normal, semi-fungible way.

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That is the way it was intended. Why change it?
Never screw around in a running system. You must know that saying.
There are coins who have the desired secrecy.

What is the reason to spend energy on something another coin already does? Especially in view of the complexity making a new feature known.

Look at the “offers” some newcomers published here. Exchanges for little money. They just forgot to mention that you need 100 to a 1000 times the funds to make it halfway known.