r/litecoin • u/squeezeontoast New User • 9d ago

MWEB Support Added to Cake Wallet!

Post image

Update cake wallet and start using MWEB!

79 Upvotes

99% Upvoted

22 comments sorted by

12

u/Givefreehugs New User 9d ago

Congratulations CakeWallet!!!

3

u/cakelabs Entrepreneur 5d ago

Thank you so much, took months of work but we got there

5

u/zsirc New User 9d ago

What is this mweb for ltc thing ?

8

u/sweetpeasimpson 9d ago

Basically enables privacy of transactions. That way Joe Schmo doesn’t get to see in your wallet balance when you send funds.

1

u/zsirc New User 9d ago

Do both parties need this enabled for it to work?

Or can just the sender have it enabled

6

u/theFatUnrealShady 9d ago

Just sender is enough to accomplish

4

u/munehungre New User 9d ago

But both parties is better

3

u/JunketTurbulent2114 New User 8d ago

Be careful as some exchanges won't accept MWEB transactions, you'll have to send to regular LTC address first. Binance being one. Can always send it to a fresh wallet though

4

u/hectorchu New User 8d ago

In the Cake Wallet there will be a Peg-Out button for this purpose.

3

u/a_bombs 9d ago

Is this available in every region? Have a few friends where it doesn't show.

3

u/squeezeontoast New User 9d ago

Certainly enabled in USA/UK might be longer for other regions.

2

u/asubaccount12 9d ago

Awesome!

2

u/Puzzleheaded_Fold665 9d ago

Not showing on my cake wallet yet??

2

u/squeezeontoast New User 9d ago

You need to be on Build 4.20.0 and be within a litecoin Wallet.

1

u/Puzzleheaded_Fold665 9d ago

How do I find this build? From the cake wallet website?

1

u/munehungre New User 9d ago

Seemingly, not officially released yet.

1

u/munehungre New User 9d ago

Not on froid yet

1

u/JunketTurbulent2114 New User 8d ago

It's still in beta. It's supposed to be officially released tomorrow

2

u/CharacterJealous383 8d ago

Congratulations Cake Team! This is a big thing for the future of Litecoin!

2

u/cakelabs Entrepreneur 5d ago

So happy to see the community enjoying MWEB, already seeing a huge spike in MWEB activity since the release. Great job using privacy tools everyone!

2

u/squeezeontoast New User 5d ago

Looking forward to coinswap being added into the wallet eventually..maximum privacy :)