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Author Topic: Testing Segwit and LN on Litecoin  (Read 366 times)
tmzn32 (OP)
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June 21, 2016, 12:07:33 PM
 #1

What are the vulnerabilities and risks associated with this?
https://www.reddit.com/r/btc/comments/4oujk3/segwit_should_be_tested_on_litecoin_first/

After reading this, LN sounds like a horrible idea.
https://www.reddit.com/r/btc/comments/4p1qk9/people_should_know_there_is_a_chance_of_loss_of/
Minecache
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June 21, 2016, 01:18:35 PM
 #2

FINALLY someone has come up for a use for LTC. Use it as a testnet for real currencies. That's all it's useful for.

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CIYAM
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June 21, 2016, 01:23:20 PM
 #3

It was when Bitcoin had the DB issue that caused a temporary fork that I came to the conclusion it is good that we have Litecoin (something extremely similar but different enough to perhaps be safe from such a problem if such an incident occurs again).

Putting "all your eggs in one basket" has never been a very good idea (which is why NASA has redundant systems in case of failure - in space you don't get a second chance).

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