Main navigation

Litecoin (LTC) May Soft-Fork 'Likely at a Similar Time' as Bitcoin (BTC), Dev Says

Mon, 01/20/2020 - 14:52
article image
Vladislav Sopov
Shortly after the 2020 soft-fork prediction for Bitcoin (BTC) made by Lucas Nuzzi, one redditor asked the Litecoin community about its plans on 'Shnorr-Taproot' upgrade.
Litecoin (LTC) May Soft-Fork 'Likely at a Similar Time' as Bitcoin (BTC), Dev Says
Cover image via
Read U.TODAY on
Google News

Yesterday, one Reddit user interested in the technological progress of cryptocurrencies, asked the Litecoin (LTC) community about the possibility of a 'Schnorr-Taproot' upgrade of the 'Blockchain silver' network. And here is how the Litecoin (LTC) developer responded.

Before Bitcoin (BTC) or after?

The user celentano1234, who is challenging the Reddit communitites related to blockchain projects with rather pointed questions, decided to try to uncover the plans of Litecoin (LTC) developers. He asked them about the possibility of an upgrade of the network with the roll-out of Schnorr signatures and Taproot schemes, for the unmatched level of security.

Litecoin Developer Says, The Schnorr Upgrade May Follow in 2020
Image by:

The user Losh11, who may be full-time Litecoin developer Loshan T, answered that it is neither a problem for Bitcoin (BTC) to implement such upgrades nor for Litecoin (LTC) to follow the example of its big brother.

Bitcoin (BTC) Soft-Fork in 2020 Predicted By Analyst: Here's Why

Prominent crypto analyst Lucas Nuzzi supposes that this upgrade may soft-fork the Bitcoin (BTC) network in 2020.

Litecoin (LTC) bets on privacy

In a nutshell, with the Schnorr/Taproot upgrade, the mechanism of transaction signing in the Litecoin (LTC) network will be reconsidered. In turn, it will allow the development of new multi-signature solutions.

Litecoin's MimbleWimble Implementation Reaches Crucial Milestone: Details

This upgrade may complement the implementation of MimbleWimble protocol into the Litecoin (LTC) network. It will be used to obfuscate the transaction data and therefore will upgrade the level of confidentiality in the blockchain.

Will Litecoin (LTC) soft-fork in 2020? Tell us in the Comments!

article image
About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (, Monoreto, Attic Lab etc.)