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Update Litecoin
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tuxpizza committed Oct 22, 2024
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28 changes: 20 additions & 8 deletions docs/cryptos/litecoin.md
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Expand Up @@ -14,7 +14,9 @@ We automatically generate new Litecoin addresses after each use for better priva

BIP-39 seed type is generated by default, with an option to change to Electrum seed type in the `Advanced Settings` on the creation screen.

We use the same derivation scheme as Electrum: `m/0/x` for receive addresses, and `m/1/x` for change addresses.
## Derivation Paths

Electrum: `m/0/x` (Segwit P2WPKH) <br> BIP-39: `m/84'/2'/0` (Segwit P2WPKH)

## Seed format

Expand All @@ -31,18 +33,25 @@ MWEB provides extra privacy through **Confidential Transactions**, **Stealth add

### Scanning

In order to enable MWEB, tap the switch on the "MWEB" card to start scanning MWEB blocks.
You will receive a warning about data usage, and the time it will take to download the needed data to use MWEB.
In order to enable MWEB, tap "Enable" on the MWEB card prompt.
You will receive a notice about data usage, and the time it will take to download the needed data to use MWEB.

{: .note}
You will only need to download this data for MWEB once, regardless of how many Litecoin wallets you have.

[![MWEB Scanning](./mweb.png){:width="32%"}](./mweb.png)
[![MWEB Warning](./warning.png){:width="32%"}](./warning.png)
[![MWEB Scanning](./mweb-prompt.png){:width="32%"}](./mweb-prompt.png)
[![MWEB Notice](./warning.png){:width="32%"}](./warning.png)

The wallet will start downloading the needed header data, and show the MWEB balance card.
Once it's fully synchronized, you can tap the "Peg In" button to open the send screen and choose how much Litecoin to send into the MWEB network.

The wallet will start downloading the needed header data. Once it's fully synchronized, you will be able to "Peg-in" your normal Litecoin inputs into MWEB by sending your balance to your MWEB address.
{: .note}
This is not required to do before sending to an MWEB wallet, but can be done to improve privacy by pre-emptively sending these funds into the MWEB network.

If you would like for MWEB to be automatically enabled after wallet open, please toggle an option under Menu -> MWEB settings -> “Set MWEB always scanning” to on. MWEB scanning will automatically toggle on if there are new blocks to scan and toggle back off when it’s finished.
[![MWEB Balance](./mweb.png){:width="32%"}](./mweb.png)
[![MWEB Peg In](./pegin.png){:width="32%"}](./pegin.png)

If you would like to disable MWEB synchronization or enable MWEB, switch the "Set MWEB always scanning" toggle under Menu -> MWEB settings.

[![App menu](./menu.png){:width="32%"}](./menu.png)
[![Toggle always scanning](./alwaysscan.png){:width="32%"}](./alwaysscan.png)
Expand All @@ -51,6 +60,9 @@ If you would like for MWEB to be automatically enabled after wallet open, please

In order to receive an MWEB transaction, you must give the sender your MWEB address, which can be found by switching the address type to MWEB by opening the `Receive` screen, tapping on the `Receive` text at the top, and switching the address type to `MWEB`. When you want to receive the transaction in the wallet, you must enable MWEB scanning.

[![Address Switcher](./address-switcher.png){:width="32%"}](./address-switcher.png)
[![Receive Screen](./receive.png){:width="32%"}](./receive.png)

### Sending

You can send Litecoin to an existing MWEB address using the same flow. No extra work is required to send to an MWEB address, the MWEB daemon will handle the transaction submission to the MWEB network.
You can send Litecoin to an existing MWEB address (starts with `ltcmweb1`) using the same flow. No extra work is required to send to an MWEB address, the MWEB daemon will handle the transaction submission to the MWEB network.
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