Litecoin [LTC] must move away from Bitcoin’s shadow to disprove BTC maximalists

2019-5-24 20:30

Litecoin [LTC], the fifth largest cryptocurrency, has been marching ahead with several new announcements and developments. Litecoin’s recent surge has a lot to do with its consideration of Confidential Transactions and MimbleWimble implementation, as well as the upcoming Litecoin halving. However, many have often cited several issues with the coin, with some even suggesting some ‘improvements’.

A Reddit user, Arise Chickun, made waves online after he suggested some improvements to the cryptocurrency. The Redditor also spoke about the disparity of Bitcoin maximalists towards Monero [XMR], a popular fungible coin in the market.

The Redditor said,

“I’ve noticed with as much trash maximalists talk they seem to be neutral on Monero and don’t have anything negative to say about it. Basically its probably because of its development of the protocol – self-driven, and self-funded, pushing the boundaries of privacy tech and taking a lead building privacy technology.”

The Redditor was vocal while claiming that since Litecoin ‘aped’ every move made by the digital gold, Bitcoin, a notion held by most Bitcoin [BTC] maximalists.

This was followed by the social media user making a few suggestions on what could be done for the coin to stand out and be truly recognized for what it was.  The Redditor suggested making Litecoin’s development process and ecosystem the center of attention in an attempt to differentiate it from Bitcoin.

The Redditor also suggested that Litecoin undertake a crowd funding goal meter, similar to Monero, something which can be affixed to the homepage of the Litecoin Foundation. The user then implored Litecoin to accomplish its R&D goals, as and when enough funds were gathered to carry out the development procedure.

The user also recommended that users be empowered to donate part of their transaction to the Litecoin Foundation to make the coin more user-centric. The Redditor also asked developers of Litecoin, including creator Charlie Lee to focus more on technologies not being worked on by other coins, especially Bitcoin. This would go a long way towards Litecoin moving away from BTC’s shadow, he claimed.

The post Litecoin [LTC] must move away from Bitcoin’s shadow to disprove BTC maximalists appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Litecoin (LTC) на Currencies.ru

$ 101.04 (-0.66%)
Объем 24H $709.504m
Изменеия 24h: -0.05 %, 7d: -15.12 %
Cегодня L: $97.62 - H: $103.64
Капитализация $7.612b Rank 23
Цена в час новости $ 100.72 (0.32%)

litecoin ltc several btc away move must

Источник: ambcrypto.com

litecoin ltc → Результатов: 126


Litecoin Primed for Massive Bull Run, Analyst Predicts LTC’s $1,000+ Potential

In an analysis shared on TradingView, analyst and trader Alan Santana has provided an optimistic outlook for Litecoin (LTC). He suggests that LTC is preparing for a substantial bull market. Santana’s analysis highlights key historical price movements and current market conditions, signaling that Litecoin may soon experience major growth.

2024-8-13 14:30


Litecoin Bears Still in Control as Prices Remain in the Dark – How LTC Traders Can Navigate the Downtrend

Litecoin (LTC) has been on a downward trend over the past week, with prices dropping around 4% over the last 7 days. LTC is currently trading around $62, down from highs of $65 last week. According to leading crypto analytics firm altFINS, the technical outlook remains bearish for Litecoin in the short to medium term.

2023-10-11 17:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is the Altcoin party over? Bitcoin dominance threatens alt sector!

Positioning for altcoins? These bearish signals call for caution.  The altcoin season index slipped below 50%, marking a new monthly low.  Altcoins are in massive discounts after the recenThe post Is the Altcoin party over? Bitcoin dominance threatens alt sector! appeared first on AMBCrypto.

Fantom breaks $1: Will FTM continue its bullish trend towards $1.50?

Fantom’s price surge is supported by strong network growth and key resistance targets near $1.50. Technical indicators and market sentiment highlight cautious optimism for sustained upward moThe post Fantom breaks $1: Will FTM continue its bullish trend towards $1.50? appeared first on AMBCrypto.

Why Ethereum Classic could be setting up for a 20% price jump

On-chain metrics revealed that exchanges have experienced a substantial $22.85 million worth of ETC outflow. ETC long/short ratio indicating strong bullish sentiment among traders. ETC, the The post Why Ethereum Classic could be setting up for a 20% price jump appeared first on AMBCrypto.

XRP whales buy the dip - Analyzing impact on price action

XRP has declined again after a slight rebound in the last trading session. Whales remained in the accumulation mode despite price decline. Ripple's [XRP] recent price decline has caught the The post XRP whales buy the dip - Analyzing impact on price action appeared first on AMBCrypto.

Toncoin 'tops' the social charts! How can TON's price benefit from it?

Toncoin rose to the top as the coin with the highest social and market activity in the last 24 hours Worth evaluating whether these findings can influence TON's short-term or long-term bullish The post Toncoin 'tops' the social charts! How can TON's price benefit from it? appeared first on AMBCrypto.