The Creator of Litecoin Charlie Lee (Charlie Lee) said he intends to focus the development of its project on the implementation of confidential transactions. In his opinion, bitcoin and Litecoin lacks interchangeability inherent in stable currencies. And since the debate about the scale left behind after the activation SegWit and Lightning Network, next in importance were the issues of compliance, privacy and interoperability, which he hopes to solve by adding sensitive transaction. According to his calculations, it will happen this year and will not require hard forks.
Charlie Lee [LTC]
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.
Recall that since November last year to buy a Litecoin for us dollars, euros or British pounds sterling in the range of $50-$20000 by credit card directly on the site Litecoin.com. Buy LTC on the website promised to make “simple, easy and comfortable” procedure, which takes less than 5 minutes, with the proof of payment and transfer of funds within 24 hours with tracking status on the website Simplex.