The digital currency Litecoin has adopted an upgrade called Segregated Witness (SegWit) in just over a month, and so far there have been no reports of problems with the integration.
In early April, litecoin came to value more than 20% in just one day after the adoption of SegWit.
The code optimization popularly known as SegWit was initially presented as a way to improve the functionality of bitcoin (paving the way for initiatives such as the Lightning network), while providing more space for data in each transaction block.
Members of the LTC community say that there have been no problems with activation until then.
Topic: [2017-04-12] SegWit and Litecoin: Is Activation Imminent? (Read 2505 times)
This way or that way? The protocol upgrade SegWit is on the verge of a breakthrough to activation on Litecoin. Chief developer Charlie Lee announced to push it through with an UASF if push comes to shove. However, it seems that this will not be necessary after not only F2Pool but also BW.com started to signal readiness. Bitcoiners have good reason to follow the development of the altcoin closely...
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https://btcmanager.com/segwit-and-litecoin-is-activation-imminent/
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Read more Here:
https://btcmanager.com/segwit-and-litecoin-is-activation-imminent/
Follow BTCManager for the Latest on FinTech, Blockchain, and Bitcoin!
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