MWEB was activated on Litecoin's main net in 2022, providing a useful mix of privacy and scalability. It's a fascinating soft fork that's 100% compatible with Bitcoin. In this episode, Charlie Lee explains how MWEB works & why it matters.

Time stamps:

Introduction to the Episode (00:00:35)

Bet with Roger Ver (00:01:19)

Lightning Network Adoption (00:02:49)

Expectations for Lightning Network (00:04:10)

Lightning as a Privacy Solution (00:05:11)

Second Layer Solutions Discussion (00:06:23)

Block Size and Decentralization (00:08:16)

Trade-offs in Scaling Solutions (00:10:06)

Introduction to MWEB (00:11:51)

Technical Specifications of MWEB (00:14:45)

Financial Privacy as a Human Right (00:16:46)

Controversy Surrounding Samurai Wallet (00:18:18)

Mixing and Privacy in MWEB (00:19:52)

Confidential Transactions in MWEB (00:20:34)

Confidential Transactions Explained (00:21:32)

Mimblewimble's Cut-Through Feature (00:22:55)

CoinJoin and Privacy (00:24:07)

Pegging Out from MWEB (00:25:09)

Exchanges and Privacy Tools (00:28:33)

Grin++ Integration with MWEB (00:30:42)

Fungibility and MWEB (00:32:58)

Ordinal Theory and MWEB (00:35:14)

CoinJoin Implementation Challenges (00:36:40)

MWEB's Similarities to Grin (00:38:20)

MWEB's Compatibility with Bitcoin (00:39:38)

Litecoin's Divergence from Bitcoin (00:40:43)

Litecoin's Role in Bitcoin Scaling (00:42:05)

Activation of SegWit and its Impact (00:42:16)

Public Support for Litecoin (00:43:35)

Sidechains & Trade-offs (00:44:56)

Interest in Drivechains (00:47:47)

Litecoin's Longevity and Usability (00:49:56)

Physical Bitcoin Collectibles (00:51:50)

Self-Custody Solutions (00:55:52)

Concerns Over Complexity in Custody (00:54:04)

Future Plans for MWEB (00:58:28)

Risks in Privacy Implementations (01:00:00)

Future of Litecoin Beyond MWEB (01:01:57)

Inflation Bug Disclosure (01:03:23)

Developer Collaboration (01:04:17)

Open Source Benefits (01:06:08)

Craig Wright Controversy (01:06:58)

ETFs and Demand (01:09:25)

Ethereum's ETF Challenges (01:10:32)

Staking and ETFs (01:11:20)

Satoshi Identity Debate (01:12:27)

Magical Crypto Friends Comeback? (01:13:12)

Innovation Beyond Bitcoin (01:14:32)

Multi-Chain Future (01:18:20)