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Author Topic: f2pool starts signaling segwit for Litecoin. Will LTC enable segwit before BTC?  (Read 2789 times)
andrew24p
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April 03, 2017, 11:54:09 PM
 #41

Yeah LTC is definitely going to get segwit before bitcoin. Its not that they need to, their transactions arent that high, but it will be a great testnet for bitcoin.

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iamnotback
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April 03, 2017, 11:58:40 PM
 #42

Its not that they need to, their transactions arent that high, but it will be a great testnet for bitcoin.

They will have loads of transactions if they enable SegWit because Bitcoin never will get LN off chain scaling (which is the only way to scale).

There will be no more protocol upgrades for Bitcoin. Satoshi designed the game theory that way.
manselr
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April 04, 2017, 02:04:13 PM
 #43

I have been closely following this website:

http://litecoinblockhalf.com/segwit.php

Wow!!!!!!! 65%+ now

I read that a new pool has joined, and soon will be 70%

only 5% to go!!
iamnotback
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April 05, 2017, 05:16:42 PM
Last edit: April 05, 2017, 05:31:39 PM by iamnotback
 #44

It crossed 70% now!

About 1951 GH/s, or 70.4% of the network (352 out of the last 500 blocks).

The above is for the blocks in the past 21 hours, so it is slightly forward looking as compared to the 24 hour requirement.

The huge jump in price will be when the Bitcoiners realize that Bitcoin is never going to get scaling, thus they won't be able to transact any more on Bitcoin (will be too expensive) and thus Litecoin will become the transaction coin that everybody is using. This still hasn't sunk into their hard heads yet.

If you don't understand this, then you need to read all my writings and follow all my links. I don't have time to re-explain it all again.

http://reddit.com/r/litecoin/comments/631ffe/pools_that_block_litecoin_development/
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