Community Trust ScoreVerified
LITECOIN does a great job of balancing these: 1. Scalability (MWEB extension block & lightning) 2. Security (#1 scrypt algo with doge) 3. No premine/ico/founder rewards
Community Reaction: Sarcasm: Investors don’t like those. They love premined/ICO, Blockchain that has been attacked, can’t scale with high fee. They can’t handle things that is too good because they aren’t good enough to handle it.
Sad but true I think Litecoin won’t survive in this bear. Yes, in these sections but the adoption of other projects is very fast. MW have to be the game changer but I guess it will not lead to a higher price.
Optional security by both users and exchanges making it flexible to work with local policies (geo fencing) LN is in test net in a country and if game theory plays out, more on and offramps will be added.
POW protocol is the cleanest (few lines of code) and the GPU hash is high The move from POW to POS (requires high distribution of tokens to be secure) is possible without having a need for pre-mine lockups.
Because majority of people are thinking they’ll get rich overnight and seek The Next Hype Pump overlooking Fundamentals and Reliability. Litecoin 10yrs Zero Down Time. No Other Coin Has That and Not a Security. It’s time Will Come. 1 ŁTC = 1 ŁTC.
Every LTC bag holder is saying “it’s time will come”, check the market every asset has almost made x5 or x10. LTC is still making All time Low. The holders are telling 4k is coming for LTC. If they have shorted LTC in whole bull run they had bought x10more LTC today.
Otherwise, there has been some important update about MWEB. A major upgrade to Litecoin takes a long time – due diligence, reviews, & catching something like this There are tons of projects out there who sacrifice security for a rushed upgrade only to pump price and make people happy – until their network blows up.
There has been a discussion about a vulnerability in their design for non-interactive transactions. While the attack is difficult to perform in practice, it does allow for theft of funds if the conditions line up just right. Due to the importance of the finding, Charlie generously donated his own money to pay Kurt a well-deserved 0.15 BTC bounty.
There are a number of reasons why this attack is impractical to perform, but it’s not impossible. Since the consequences of it succeeding are very serious, it was obvious this was something we had to prevent. Those who want to know more should check the MWEB update.
