What is the Litecoin MW test network (Litecoin l7)?
What is the Litecoin MW test network? Before the Litecoin mainnet goes live, you
What is the Litecoin MW test network? Before the Litecoin mainnet goes live, you need to download and run the LTCM hard fork upgrade software. This version is based on the “TheMerge” code development plan in the Bitcoin Core (BCH) and Satoshi Nakamoto’s whitepaper, which the team calls “Mimblewimble”.
According to the initial design, the first test network will have two main functions: validating nodes, transaction processors, and mining pools, etc. The first stage will conduct a simple test, followed by another project. The second stage will simulate on the main chain. The third stage will be launched in the coming weeks, making it more convenient for users to use Litecoin.
Litecoin l7
According to official sources, Litecoin (LTC) will be listed on Huobi Global Exchange on July 1st and trading will begin. Currently, users can buy or sell L7/BTC, L6/USDT, and other tokens on Huobi Global Exchange.
Previously reported, in early June, Litecoin founder Charlie Lee announced the issuance of a digital currency based on the Bitcoin blockchain in cooperation with the Litecoin Foundation, called “L7”. This is the version of Litecoin before the seven hard fork upgrades and can be transferred for the first time before reaching block height 15020000. Additionally, the exchange plans to launch payment and exchange services supporting the Litecoin network during this period. (Medium)
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