📱The Litecoin Feed (@thelitecoinfeed) 's Twitter Profile
📱The Litecoin Feed

@thelitecoinfeed

Litecoin is a digital currency that enables instant, near-zero cost payments to anyone in the world. More... litecoin.org

ID: 860570289524031488

calendar_today05-05-2017 19:02:00

411 Tweet

296 Followers

200 Following

📱The Litecoin Feed (@thelitecoinfeed) 's Twitter Profile Photo

Litecoin surpassed Ethereum’s hashrate on 5th of May, with Ethereum’s hashrate being 270 TeraHash/s and Litecoin’s at 277 TeraHash/s. Currently, Litecoin is hovering around 340 TeraHash/s while Ethereum is staying constant around the 270 TH/s mark ambcrypto.com/litecoin-surpa…

Alex Bosworth (@alexbosworth) 's Twitter Profile Photo

Support for Submarine Swaps using on-chain t-LTC to pay t-BTC Lightning invoices has been added to github.com/submarineswaps… There is also a new swap fee model which charges a % rate for cross-chain swaps, plus a base fee. A working demo is available at submarineswaps.org

Dr. Xinxi (@therealxinxi) 's Twitter Profile Photo

Do you know that Litecoin will always have lower transaction fees than Bitcoin even when it gets the same level adoption because it generates 4 blocks in 10 mins while Bitcoin generates only 1 block?

Dr. Xinxi (@therealxinxi) 's Twitter Profile Photo

The LN transaction fee was only 2.006 satoshi (0.00013 USD). And it took less than 5 seconds. The future of payments is here. x.com/TheRealXinxi/s…

Charlie Lee Ⓜ️🕸️ (@satoshilite) 's Twitter Profile Photo

Litecoin will also be the easiest onramp onto the Lightning Network. BTC takes too long and fees to high? No problem. Open an LTC payment channel on chain cheaply and quickly, then atomically swap for BTC if/when you need to. This can be done in one step using submarine swaps! 😮

Charlie Lee Ⓜ️🕸️ (@satoshilite) 's Twitter Profile Photo

LN with atomic swap makes Litecoin effectively Bitcoin's sidechain, but with much better security via decentralized PoW mining compared to federated/merge mining of regular sidechains. Value can move across chains seamlessly to take advantage of LTC's faster/cheaper onchain txns.

LN with atomic swap makes Litecoin effectively Bitcoin's sidechain, but with much better security via decentralized PoW mining compared to federated/merge mining of regular sidechains. Value can move across chains seamlessly to take advantage of LTC's faster/cheaper onchain txns.
Dr. Xinxi (@therealxinxi) 's Twitter Profile Photo

Litecoin is so close to all the three non-minable coins above. Given the halving is approaching, it's highly likely that Litecoin will surpass them. Surpassing Ethereum and Ripple is also possible.

Litecoin is so close to all the three non-minable coins above. Given the halving is approaching, it's highly likely that Litecoin will surpass them. Surpassing Ethereum and Ripple is also possible.
📱The Litecoin Feed (@thelitecoinfeed) 's Twitter Profile Photo

“So the idea for like one to be silver is that it would have cheaper fees […] so I see a need for an alternative coin that would work alongside Bitcoin to fulfil the transactional needs of of everyone.” ambcrypto.com/litecoin-ltc-c…

📱The Litecoin Feed (@thelitecoinfeed) 's Twitter Profile Photo

"I still think it was the right move but I question whether - I think in the long run it was the right move but in the short term while the price is down, below the all-time high, it just feels like it's not the right decision," Lee said businessinsider.com/litecoin-found…