Thursday, 02 July 2020

Community Asks Litecoin’s Charlie Lee To Make Mimblewimble Remaining Donations Himself

Litecoin Foundation has been keeping its community abreast about the progress of the MimbleWimble protocol. Lately, founder Charlie Lee, while commenting on the progress shared by the foundation urged the community to remain relentless in the donation, geared towards introducing privacy protocol via MimbleWimble.

As reported, Lee said the fundraising is “going strong,” and a quarter of the targeted fund has been raised within a shorter duration than estimated.

Charlie Lee the founder of Litecoin in his recent tweet stated : 

Fundraising for the Litecoin Confidential Transaction Fund is going strong. We are 1/4 of the way there. But we still need your help #LitecoinFam. 

The targeted fund required to implement MimbleWimble on Litecoin is $72,000, indicating that a quarter of the milestone which has been raised is $18,000.

Charlie Lee promised to match the donations in ratio 1:1 with the community, which means the founder would contribute $36,000. However, some of the Litecoin community members think the community has raised enough, and the founder should cough out the remaining funds and stop tasking the community.


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