@o0‡0o that is a good time line and it really looks promising and they will be starting Smart Contracts and Anonymity then it would be huge and there must be a huge change in the network protocol and what is the timeline for all these changes,if they are taking care of all these then i will be more than impressed with their clarity in thoughts about the future of litecoin.
Actual proper working smart contracts 100x faster that are separate and can't cripple the whole network are in testing phase.
Users will be able to run their smart contracts in a platform that can scale up to 2.000 tx/sec on chain and 20.000 tx/sec off chain.
First stage of the Confidential Transactions is the amount sent obfuscation.
Confidential Transactions for Better Privacy
While Lee has stated that Lighting Network is still the number one priority, he is also excited about the development of confidential transactions for litecoin. The basic idea behind confidential litecoin transactions is that it obfuscates the amount of coins in all inputs and outputs, while simultaneously cryptographically verifying outputs are equal to the inputs using a technique called the Pedersen commitment. While the sender and receiver address will still be publicly known on the blockchain, obscuring the amount of a transaction can help make litecoin a legit fungible digital currency. For privacy conscious VPN users, we believe this can be a tremendous benefit.
TorGuard has seen a 100% increase in LTC payments over the last few weeks. As bitcoin transaction fees increase and confirmation times get longer, litecoin is becoming a faster and cheaper payment option for small transactions.