Altcoins News
By Dan Saada
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Litecoin Foundation pointed to how the city of Williston, North Dakota now accepts Litecoin and other crypto as a payment for utility bills.
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Hercules Cummings, Finance Director expressed, “We are the first municipality in the State of North Dakota, and the third in the nation, to offer this service.”
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Further it has been stated that, Currently, utility bill payments are the only bills eligible to be paid with cryptocurrency.
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Individuals will have to establish a digital wallet directly with BitPay or through other services like Coinbase or Binance.
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Also, Litecoin foundation expressed: The annual carbon footprint of PoW coins measured in terawatt-hours (TWh) of electricity. Litecoin is proving itself once again!
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Many felt these numbers were not worthy and that this just adds to a false debate.
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Some users stated, but this isn't something that's inherent to Litecoin or any of the other PoW coins.
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Few understand this. They love to show numbers that are irrelevant. Correctly speaking they need to scale the coin to the same as BTC and then show the - all POW all the same.
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It is a bandwagon of cryptos who are trying to establish that they are environment friendly.
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To be fair it is important to mention how much volume is moved on each chain. It’s obvious that if there is nothing going on, there is no consumption, isn’t it?
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Another users replied stating, A really disingenuous post and you know it. Be careful perpetuating this nonsense.
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A large part of carbon footprint would be related to utilization. So the only interesting point here is that DOGE will be having a larger footprint than LTC and BCH.
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