Bitcoin Forum

Why has the development been so lazy? They had the golden goose at one time. One of the fairest launches in crytpto and the number 2 spot to bitcoin. Just to see it all slip away as the competition continued to innovate. There has been nothing done to improve the coin and as it slips and slips down the charts you hear nothing other then Segwit implementation that nobody wants apparently. Its a shame. Eth had the fork problem which presented the perfect opportunity for Litecoin to return to the top. Dash was smart and did what should be done. But with the premine in the beginning.......

Look at eth dash and really every other alt and what they have to offer compared to LTC. LTC is the new doge. Why do you act so clueless as to what I am talking about? LTC is 6 year old tech. The point of alts is to improve upon the tech of btc and to compete. The dev has a duty to the coin holders to stay competitive.

LTC has no future because of poor development.

None of you seem to have any clue what is going on in the slightest.
Most of you are spreading made up bullshit and have no i idea why it was even made.
You *could* FUD Litecoin if you wanted to but you are brain dead idiots and doing it wrong..
If you had half a brain you would have bashed the coin for it not CONTINUING to be ASIC resistant.

Morons who think they are "investors" in crypto are the stupidest people in crypto.
They cry SCAM and pull out their pitch-forks if a coin is not constantly being changed with code.

Like a piece of art that the people in the museum bash because the painter isn't there re-doing it.

You all love to chant conspiracy with govt's handing us disinformation a lot.
You do it ..not them.
The users here post lies 24/7 about any & all coins.
Probably to "FUD" as you like to call it to affect market prices.
A time honored tradition that existed before this forum..

Smart people will of course do their homework so carry on.. think what you want.

you sound salty af  ::) I like LTC but am disappointed in the progress of the coin and I see potential in the reputation of the brand LTC. Now if the dev team would just be competitive with the rest of the industry, That'd be great  ;)

Maybe Charlie has his hands full with the IRS inquiry and LTC is the least of his worries at the moment. who knows

So bitcoin have no future too? Because litecoin is a bitcoin carbon copy?

So bitcoin have no future too? Because litecoin is a bitcoin carbon copy?

what logic is this, you said that bitcoin has no future because they made a copy of it? it's the opposite litecoin has no future because it's a copy, and bitcoin have only the block size problem nothign else, full anonimity isn't a good thing, go look at monero problem when they send money to someone and that someone can easily say that money are not arrived, because there is now ay to prove it

Do you understand what carbon copy means?

Bitcoin development team is the best in the space, blockstream which is a part of Bitcoin core is siting on $75 million investment unlike Litecoin, Bitcoin is miles ahead of any ALtcoins interms of development

Why has the development been so lazy? They had the golden goose at one time. One of the fairest launches in crytpto and the number 2 spot to bitcoin. Just to see it all slip away as the competition continued to innovate. There has been nothing done to improve the coin and as it slips and slips down the charts you hear nothing other then Segwit implementation that nobody wants apparently. Its a shame. Eth had the fork problem which presented the perfect opportunity for Litecoin to return to the top. Dash was smart and did what should be done. But with the premine in the beginning.......

Oк. The claim of poor development in Litecoin is a obvious lie, since litecoin adopted all recent innovations of Bitcoin including SegWit. So, when someone claim litecoin have no future because of poor development he basically says bitcoin has substandard development too. I agree on anonimity thing: bitcoin privacy level is fine, internal mixing of shadowcash or monero or dash only made blockchain bigger, transactions more complicated and basically unnecessary overkill.

bitcoin has no development because of litecoin has no development?

    Segregated Witness - to allow for greater transaction output and mitigation of transaction malleability.
    Hierarchical Deterministic wallets - Litecoin Core will support hierarchical deterministic wallets also known as HD wallets.
    Faster signature validation using the libsecp256k library developed by Bitcoin Core developers.
    Wallet pruning to reduce block size storage.
    Memory usage improvements including better mempool filtering of transactions.
    Inbuilt Tor control socket API support if Tor is running and also stream isolation for Tor communication.
    Functionality to reduce upload traffic.
    ZMQ support - ZeroMQ is a high performance asynchronous messaging library, aimed at use in distributed concurrent connections. Litecoin will support ZMQ for broadcasting block and transaction data.
    Obfuscated blockchain data - Several antivirus applications detect the Litecoin stored blockchain data as a malware threat. Litecoin 0.13 will obfuscate the blockchain data to rid these false positives.

This update will also see the inclusion of several BIPs which can be seen below;

    BIP9 - This BIP allows multiple soft fork changes to be deployed in parallel.
    BIP32 - This BIP allows Litecoin Core to support hierarchical deterministic wallets.
    BIP68 - This BIP allows relative locktime enforcement through sequence numbers.
    BIP111 - This BIP extends BIP 37, Connection Bloom filtering, by defining a service bit to allow peers to advertise that they support bloom filters explicitly. It also bumps the protocol version to allow peers to identify old nodes which allow bloom filtering of the connection despite lacking the new service bit.
    BIP112 - This BIP is a proposal to redefine the semantics used in determining a time-locked transaction's eligibility for inclusion in a block. The median of the last 11 blocks is used instead of the block's timestamp, ensuring that it increases monotonically with each block.
    BIP113 - This BIP describes a new opcode (CHECKSEQUENCEVERIFY) for the Litecoin scripting system that in combination with BIP68 allows execution pathways of a script to be restricted based on the age of the output being spent.
    BIP130 - This BIP adds a new message, "sendheaders", which indicates that a node prefers to receive new block announcements via a "headers" message rather than an "inv".
    BIP133 - This BIP adds a new message “feefilter”, which serves to instruct peers not to send “inv”s to the node for transactions with fees below the specified fee rate.
    BIP141 - This BIP defines a new structure called a “witness” that is committed to blocks separated from the transaction merkle tree.
    BIP143 - This BIP contains the logic for signature verification for version 0 witness program.
    BIP144 - This BIP contains the logic for new messages and serialization formats for propagation of transactions and blocks committing to segregated witness structures.
    BIP147 - This BIP contains changes to the transaction validity rules to fix a malleability vector.
    BIP152 - This BIP add compact block relay to reduce the bandwidth required to propagate new blocks.

The market is speaking as investors are leaving in droves.

So bitcoin have no future too? Because litecoin is a bitcoin carbon copy?

Litecoin is just a copy of bitcoin, so people will use bitcoin.

Litecoin is just a copy of bitcoin, so people will use bitcoin.

Problem is transaction fees are skyrocketing , and it is taking some people days to receive BTC.

LTC has cheaper transaction fees, Faster Transfers, and 4X BTC transaction Capacity and no backlog.

BTC is on its way out for not keeping up with the technology of alt coins.
The Stupid will be caught flatfooted when BTC crashes.  :P

 8)

When the bitcoin adopt the unlimited block size technology, I think the transaction time will be faster.

I was watching an interview with Charlie and they were asking about LN anon and smart contracts and when we can expect to see them. His reply was oh there is no time frame, we work on this in our spare time and well try to get it out as soon as we can.
You would think in a 100 billion dollar and growing market there would be some full timers.

Lets make a world currency with billions of dollars in market cap and lets do it in our spare time. lol  Then look at all time chart. He shows his face people give him millions of dollars, then he disappears again until the halving or next pump opportunity. Lame. Litecoin could have been so much more.

http://www.newsbtc.com/2017/07/22/bitcoin-users-can-access-lightning-network-via-new-android-wallet-released-acinq/


So LTC supposed to be testnet for BTC right? But it looks like BTC testnet will have LN before LTC? Why isn't LN being tested on LTC?  If LTC not a testnet for btc anymore, then what does it do? This could be a good thing. I trust that Charlie is a smart guy and knows what he is doing. Wish he would spill the beans. LN is almost ready which should mean LTC will have it very soon. I am hopeful that after Aug 1st we will hear some news.