Home Altcoins News Out of 19,205 Cryptos Litecoin (LTC) is No. 1 in terms of Continuous Uptime

Out of 19,205 Cryptos Litecoin (LTC) is No. 1 in terms of Continuous Uptime

Out of 19,205 Cryptos Litecoin (LTC) is No. 1 in terms of Continuous Uptime

KANyE:  Litecoin is the longest uninterrupted continuously running crypto (longer continuous uptime than Bitcoin has MWEB privacy option on May 19, smart contracts via Omnilite, & has the best TA/FA setup in history of Cryptocurrency.

In response Master:  Yes it’s true out of 19,205 cryptos, litecoin is #1 when it comes to the continuous uptime. Litecoin has never been down since it was created. Over 10+ years.

Litecoin has a clear purpose and that is to be used as a currency to:  1. Pay for goods and services.  2.  Store of Value.  3.  Send Mass Payouts 4.  Peer-to-peer transactions.  5.  Send donations in Litecoin.

It has had more than 10 years uptime and the median fee has been at $0.001.

A publication about Litecoin stated, ‘Litecoin is undervalued, and has been here since the beginning of the new era’ – Kryptomagazine

However, investors are concerned that Litecoin has lost to inflation. As a store of value, they have to say that -82%  in 5 years not counting inflation makes it difficult to judge the value of LTC. Some of them sarcastically say that LTC is going to become a stable coin with a stable price at $50.

So, when someone is talking about the continual uptime, critics have to state that there is no progress and that they continue to stay where they were several years ago.  Is Litecoin Merchant adoption consistently growing each day? Is Litecoin as a payment solution is gaining traction as the transaction fees are lower? Is there hope?

Previously during October 2021 it was reported that about 50 million merchants accept Litecoin Payments.  This news triggered massive on-chain activity.

Cryptwerk Litecoin adoption analytics shows an adoption map by countries, gateways, rating, merchants, businesses, categories, and stores. The number of merchants adopting LTC is growing year on year.  The categories of merchants accepting LTC includes gaming, tourism, traveling, renting, web marketing and development, gambling, offline services, Business services, internet services, crypto services, and shops in markets.

By amount of businesses accepting Litecoin as a payment in each country from lowest to highest is:  Hong Kong, Spain, Singapore, Switzerland, India, Netherlands, Australia, Ukraine, Canada, Estonia, Germany, Austria, Russian Federation, United Kingdom, and United States.

The popularity of payment gateways allowing Litecoin among all companies listed in Cryptwerk:  Bidali, Binance Pay, Sawy, Alfacoins, BitcoinPay, Plisio, CoinCorner, Shape Shift, cryptocurrency check out, Salamantex, Cryptonator, GoCoin, Payeer, Coinify, Globee, NowPayments, CoinGate, Coinbase, Coinpayments.

The overall cryptocurrency market is now down in terms of price.  LTC has been consistent in what they have been doing.  It looks like their growth is organic. With so much merchants accepting and the numbers growing we cannot say that there is no activity in the chain and that being the reason for the continual uptime.  The uptime factor is a big plus for Litecoin!

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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