[ANN] Litecoin - a lite version of Bitcoin. Launched! - page 2.

r_victory

sr. member

Activity: 1923

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English<->Pt-BR - Professional Translations(90+)

Quote from: exoncenter on September 24, 2022, 07:06:31 AM

Quote from: r_victory on September 11, 2022, 02:16:10 PM

Litecoin has lightning?

Yes, Litecoin does indeed have lightning. In fact, Litecoin was first before Bitcoin to prove that Lightning was not only theoretically possible, but literally possible as well.

https://www.lookintolitecoin.com/post/lightning-strikes-twice-litecoin-has-lightning-network-like-bitcoin

It is true but there is no impact on growth in litecoin ecosystem(

I agree with your opinion, but I also believe that if it were more widespread and used, it might have some positive impact on the growth of the currency and the LTC ecosystem.

exoncenter

jr. member

Activity: 45

Merit: 2

Quote from: r_victory on September 11, 2022, 02:16:10 PM

Litecoin has lightning?

Yes, Litecoin does indeed have lightning. In fact, Litecoin was first before Bitcoin to prove that Lightning was not only theoretically possible, but literally possible as well.

https://www.lookintolitecoin.com/post/lightning-strikes-twice-litecoin-has-lightning-network-like-bitcoin

It is true but there is no impact on growth in litecoin ecosystem(

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

Litecoin is one of the most durable cryptocurrencies in the current era of decentralized finance. The coin has been in circulation for 11 years. Litecoin’s managing director recently spoke about the token’s utility as a trusted payment method.

Read more about it...

Lind

member

Activity: 325

Merit: 26

Quote from: psycodad on September 11, 2022, 04:47:20 PM

Quote from: r_victory on September 11, 2022, 02:16:10 PM

Litecoin has lightning?

Yes, Litecoin does indeed have lightning. In fact, Litecoin was first before Bitcoin to prove that Lightning was not only theoretically possible, but literally possible as well.

https://www.lookintolitecoin.com/post/lightning-strikes-twice-litecoin-has-lightning-network-like-bitcoin

That's true, but literally nobody is using it, it seems basically dead.
I had a lightning node for about 1 year and more than 10 channels, after that year 2 channels were left and I never routed a single transaction.
For it to come to life, the onchain fees fiat equivalent would need to be much higher (simply put: LTC needs to cost hundreds of USD first). Right now there is no need/incentive for lightning in LTC compared to onchain txs.

Just like Litecoin Discord. Joke aside, when the Founder left and sold his coins that was it in my opinion. Trust was broken, hard to come from that and there is ETH which was pumped due to contracts/tokens/mining wars etc.. not to mention others likes of Solana. LTC is in a pinch.

psycodad

legendary

Activity: 1598

Merit: 1555

精神分析的爸

Quote from: r_victory on September 11, 2022, 02:16:10 PM

Litecoin has lightning?

Yes, Litecoin does indeed have lightning. In fact, Litecoin was first before Bitcoin to prove that Lightning was not only theoretically possible, but literally possible as well.

https://www.lookintolitecoin.com/post/lightning-strikes-twice-litecoin-has-lightning-network-like-bitcoin

That's true, but literally nobody is using it, it seems basically dead.
I had a lightning node for about 1 year and more than 10 channels, after that year 2 channels were left and I never routed a single transaction.
For it to come to life, the onchain fees fiat equivalent would need to be much higher (simply put: LTC needs to cost hundreds of USD first). Right now there is no need/incentive for lightning in LTC compared to onchain txs.

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

Litecoin has lightning?

Yes, Litecoin does indeed have lightning. In fact, Litecoin was first before Bitcoin to prove that Lightning was not only theoretically possible, but literally possible as well.

https://www.lookintolitecoin.com/post/lightning-strikes-twice-litecoin-has-lightning-network-like-bitcoin

WillyAp

member

Activity: 658

Merit: 16

Looking for guilt best look first into a mirror

All rooting for LTC

Best coin there is, just unfortunately without marketing.
Lots of people, a trader community, which is tuned to profits. A tooling approach into the mayor Payment Gateways like Stripe, Klarna and a little better marketing and it should do the trick.

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

While many seem focused on the 'non-fungible' we've been working on "fungibility". Learn more about #MWEB and the Battle for Sound Money.

https://www.litecoin.net/news/the-battle-for-sound-money

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

Litecoin Foundation proudly presents the 3rd annual Litecoin Summit at The LINQ Hotel + Experience in Las Vegas.

Bringing together the world’s top innovators, thought leaders, and decision-makers, as well as members of the Litecoin community for two days of amazing networking opportunities and exciting discussions around industry developments, technical innovations, public policy issues, and much more.

Drawesome

full member

Activity: 205

Merit: 135

Quote from: r_victory on August 16, 2022, 11:16:54 AM

Lite-speed! Because of Litecoin’s high processing rates, double-spending threats are significantly reduced. As a result, merchants and dealers may complete transactions considerably faster than they could on the other networks.

The current median transaction fee is $0.001

Source: https://twitter.com/litecoin/status/1559254630999027712

With those fees there is not much use on LN

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

Lite-speed! Because of Litecoin’s high processing rates, double-spending threats are significantly reduced. As a result, merchants and dealers may complete transactions considerably faster than they could on the other networks.

The current median transaction fee is $0.001

Source: https://twitter.com/litecoin/status/1559254630999027712

Drawesome

full member

Activity: 205

Merit: 135

I wonder if is there any update on LN uses for Litecoin. I haven't found much. Any community to open channels? Any custodial LN Litecoin wallet?
Thanks

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

We are honored to announce Ben Miklozek, co-founder of Lokotech will be a speaker at the upcoming #LitecoinSummit2022 in Las Vegas!!!

Register today at: https://litecoin.net/summit

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

The LIP for standardizing the light client sync process is ready for review!

- Started development of new P2P messages to better support light clients

1. Download and verify all headers for the longest chain.
2. Download and verify the HogEx transaction and MWEB header for the most recent block.
3. Download and verify the UTXO leafset bitmap.
4. Download the compact UTXOs and PMMR parent hashes.

Read more about the status of each step here

codehtcmail

sr. member

Activity: 1188

Merit: 260

Tryig to survive in this harsh world

Is there any future for this coin ? in the last bull run it underperformed barely making 1.2x of previous ATh when it "should" have reached 1k.
i think its potential has been canibalised by the ill fated Luna, Dogecoin and "its son" Shiba.
What are your thoughts ?

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

Mimblewimble is set to upgrade the privacy of Litecoin

Mimblewimble is a decentralized system focused on anonymity, named after a tongue-tying spell from the Harry Potter book series. The protocol has a privacy feature that allows users to hide transaction data. It also serves as a basis for other blockchains to improve the usage of their cryptocurrency.

Read the full article...

chainganginc

newbie

Activity: 298

Merit: 0

I will do a different than normal fork of Litecoin into Litecoin Silver. There will be no 1 to 1 exchange because there is no support yet. I will premine some coins for a play to earn game swap and match the remaining max supply with Litecoins Blockchain for mining. There will be a Token on Solanas blockchain called Minecart that will be used to swap for Litecoin Silver. You can earn minecarts from playing a mining game through a faucet. Will keep you updated.

kurgak

jr. member

Activity: 39

Merit: 13

I have an announcement for the LTC community
Local Ltc wallet added to Qortal trading portal
Also added trading pair Qort / LTC

visit us and evaluate the Qortal platform

https://qortal.org/

See you in Qortal !!!!!!!!!

r_victory

sr. member

Activity: 1923

Merit: 321

English<->Pt-BR - Professional Translations(90+)

MWEB Has Officially Activated

After several months of dialogue with different Litecoin miners in the pursuit to gain consensus, the 75% miner signaling threshold was met on May 2nd and MWEB officially locked in for activation at block height 2257920. The signaling process for MWEB went smoothly, indicating that the community is predominantly in favor of its addition to Litecoin.

Keep reading...

chainganginc

newbie

Activity: 298

Merit: 0

Can somebody fork Litecoin into Litecoin Silver!!!? Bitcoin Gold wheres Litecoin Silver?

Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 2. (Read 1466174 times)