litecoin events

Litecoin has released its 2017 roadmap as investors delight in sustained price growth and low volatility.Published on Litecoin Core, plans from various developers behind the altcoin range from major releases such as Litecoin 0.13.3 to user-focused improvements such as the relaunch of its Android app.Litecoin creator Charlie Lee announced the roadmap Wednesday, prior to Litecoin being buoyed by a series of encouraging announcements from the community.We just published the Litecoin Roadmap for 2017: https://t.co/m4PVzx3RrC To the moon!!!┗(°0°)┛ — Charlie Lee (@SatoshiLite) May 17, 2017 The asset’s earlier implementation of SegWit, as well as preparation of Lightning Network and other so-called Layer 2 technology, is already paying dividends.“Better than Bitcoin” Bitcoin core developer Eric Lombrozo repeated excitement surrounding the activation after the roadmap unveiling, noting “next generation tech” can already see the light of day on Litecoin.Meanwhile, content management platform Yours confirmed Thursday that it would launch on Litecoin and not Bitcoin “due to the fee situation.” We have big news.
Due to the fee situation on bitcoin, we will be launching on litecoin instead of bitcoin.https://t.co/QNvK1QAjbR — Yours (@YoursOrg) May 18, 2017 “Litecoin is one hundred times better for our application today than Bitcoin,” the project’s CEO Ryan X. Charles explained in a blog post about the change of course.Taking Litecoin forward meanwhile are developers Shaolinfry and thrasher, the first having become a household name in cryptocurrency circles from their work on user-activated soft fork (UASF) scaling solutions.Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully.Confirmation email sent to email address provided.Email * Password *The litecoin network appears to be on the cusp of enacting a technical upgrade that would boost the capacity of its network.At press time, just over 70% of litecoin's miners were signaling support for Segregated Witness, a technical innovation first pitched as a scaling solution for the bitcoin blockchain, but that has not yet seen similar levels of adoption from its miners.
With increasing support, litecoin is now just 5% shy away from achieving the 75% network consensus threshold required for activation.On bitcoin, by contrast, just 31% of miners are signaling that they would support the software upgrade.Notably, litecoin first began offering miners the ability to flag support for the proposal on 3rd February, nearly three months after the code was released to the bitcoin network.Going forward, two large mining pools have yet to signal their intention to activate SegWit, and thus could ultimately prove the deciding vote. comprised nearly 22% of the litecoin network hashrate (12.2% and 9.8%, respectively), at time of writing.This means that only one would need to make the switch in order for SegWit activation to occur, an advent that could add new data to bitcoin's long-stalled scaling debate.Other mining firms that aren't signaling for the upgrade include Bitmain's Antpool, LTC.Top, WeMineLTC and ProHashing.The way forward, however, may not be easy.For one, it seems unlikely LTC1BTC will take the plunge.
Jiang Zhuoer, founder of LTC1BTC, stated in a recent interview that his pool will not support SegWit.He also said he believes other large pools were unlikely to make the jump.Further, if the activation threshold is reached, it will need to stay at or above this figure for at least 8,064 blocks (about two weeks based on litecoin's 2.5-minute block interval).buy bitcoin wmzThis means there could exist a situation in which the activation threshold is met, but isn't maintained for the required duration to implement changes to the protocol.local bitcoin ottawaStill, litecoin creator Charlie Lee is in favor of SegWit adoption.bitcoin billionaire game updateSo far, he has even gone so far as to make the pitch to China-based mining pools to adopt SegWit in a letter made public yesterday.mine litecoin time
"I also believe that the market is waiting for litecoin to get SegWit and the price will react positively if SegWit is activated.Seeing all these other altcoins pump is definitely disheartening.So let's give the market what it wants."meet bitcoin jesusIn response, investors seem to have responded positively to the news.bitcoin acquistiAmid the uptick in miner support, litecoin traders pushed the price 24.7% higher to $11.17.bitcoin hom nayLitecoin's market cap now stands at $559m, making the coin the 5th largest digital currency.ethereum vegaMeasuring tape image via Shutterstock The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.ethereum api java
The last week has not not been good for the silver alt coin.After a Coinotron 51% attack scare many holders are speculated to have traded out to Bitcoin- this has caused the ltcbtc rate to drop substantially.It has now dipped to below 0.019 with the dollar rate under $11.Another reason for the LTC drop may be due to the new alt Darkcoin which is now priced higher than Litecoin with an also higher strength relative to bitcoin.This attractive offer may be pulling away Litecoin speculators.LTC/BTC strengthens after recent loses The ratio is back in the high 0.0247x range after recent lows of 0.022.This has mostly come about after the mini price crashes felt in all Cryptos recently leaving investors feeling the silver coin is undervalued right now and trade out BTC for it LTC drops hard, LTCBTC back at 0.024 range We are seeing LTCUSD dropping below $10.50 and LTCBTC is back in the 0.024 range.LTC crashing down to $14 LTCBTC has also taken a drop into the 0.26 region.