Altcoins News
By Dan Saada
1 / 11
Talking about Litecoin averaging per day, David Schwartz stated, Since Feb 17, 2021 Litecoin has averaged per day, Over 200,000 receiving addresses, Over 230,000 active…
2 / 11
Reportedly, it has been stated that Bitcoin users can take advantage of MWEB on Litecoin. With Atomic Swaps it is possible to swap BTC to LTC in a trustless and decentralized…
3 / 11
Further stated, this is one of the many ways Litecoin complements Bitcoin. Their technical similarity allows for interaction between the two chains, while some more experimental…
4 / 11
Some of the users were recently discussing on whether they should release a stablecoin on the Litecoin Network. For benefits like: - Fast (<2.
5 / 11
Someone recommended that Litecoin should check out the Haven protocol method of stable coin.
6 / 11
A stable coin because, like Tether runs on Bitcoin and Ethereum, USDC is on Ethereum, etc. These tokens inherit the limitations of their underlying blockchains.
7 / 11
One of the users commented stating, you should rock the world and release a reference coin rather than a stable coin. Would volunteer time to see this idea implemented.
8 / 11
For those who do not know what a reference coin is? A coin, independent of fiat, that’s 100% banked which can be used to sign contracts.
9 / 11
Litecoin is the perfect network for rCoin. The work is done at the node level & through msgs over the network. Transaction ids trigger the work.
10 / 11
Someone expressed “I’m willing to talk about it if you’re interested.”
11 / 11
Very interesting to see lot of ideas are brewing to push the progress of Litecoin to level next.
The Currency Analytics
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