[ANN] Litecoin - a lite version of Bitcoin. Launched!

[@Hakermania@]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

I am sure it will but we don't know when it will be the time, I think this year it could be possible, litecoin project is still great project to invest, hold your coin safe

[1714039621]

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[1714039621]

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[1714039621]

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[BTCANAN]

Litecoin will keep growing. Slowly but surely.

It will never go skyrocket but will keep taking value over the months. There is a strong community behind.

[KayspaCoin]

( Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?)
I recently read a lot of good news about Litecoin. Dev is still very active. I think it will grow well next month.

[revelacaogr]

Upcoming LTC Technology

http://leakyhydrantga.ga/2017/10/upcoming-ltc-technology
https://www.reddit.com/r/litecoin/comments/71enjy/litecoin_technology_and_general_timelines/


1. MAST
What does it do? It allows more privacy by hiding lumped transactions through a Merkle root. It also allows for complicated smart contracts. Smart contracts are currently capable on the LTC blockchain, it just takes up a lot of space.
When will it be released? Of all the tech, this is the closest to being released. Perhaps in the next Core release update. (But who knows?)
2. Lightning Network
What does it do? Allows instant transactions and reduced fees.
When will it be released? The LN isn’t being developed by the Litecoin Foundation specifically. It is being developed by Lighting Labs. There is a prototype wallet called ZAP! by jack mallers. If you’re a coder, you can help them test it. That being said, it will take a significant amount of time in order for the LN to create a fully functional product. Perhaps a year to create stable wallets. Multiple years to scale it out.
3. Atomic Swaps
What does it do? It allows people to trade one coin for a different coin without an exchange. This is called cross-chain swaps. It actually utilizes LN to do it.
When will it be released? Charlie reported that LTC and Decred just did an official test run but that was not through the LN. If it takes a year for stable LN wallets, it will take longer to build AS on top of that and even longer to integrate it into the mainstream.
4. Covenants
What does it do? You are able to select LTC to be bound together and stay together no matter what. When LTC blocks are formed, all the LTC are lumped together. Covenants will allow chosen LTC not to be lumped in with the other coins but be continually bound together. This allows Colored Coin application. It also allows “vaults” which will be added to Litecoin core. You basically lock it up so in case someone gets your priv keys, it has a delayed transaction time (let’s say a day) for it to be sent out without interruption. But you have a special “key” that lets you spend the LTC faster than the ones your attacker is sending. Pretty cool stuff. More security.
When will it be released? Honestly, I have no idea. Right now, it doesn’t seem to be a high priority from what I understand.
5. Confidential Transactions
What does it do? Allows anonymity between LTC transactions, something similar to Monero.
When will it be released? Charlie recently expressed in an interview that he thinks this might be the next project to work on. So I assume once MAST is implemented, they will focus on this next. My general guess would be in about a 6 months to a year.
6. Colored Coins
What does it do? Allows LTC to be repurposed to be attached to an asset. Yes. That means ICO’s. But think bigger and be more creative. Johnson Lau speculated you can assign LTC to a computerized car like Tesla. Your LTC could be given the property to act like a key to your car which you could send via your mobile phone. mind blown
When will it be released? I’m not sure this is very high on their priority list. BTC might take the lead before LTC on this one. Maybe 2 years?

[bitcrypto10101]

i just buy 500LTC for HODL

[mercedes321]

i bought a lot, but to be honest then i bought even more, but cant handsle volatility so put all into L3, might sell on the way up a little bit, i think its time for another crazy bull...

[@Hakermania@]

i just buy 500LTC for HODL

me too I just bought some coin on exchange you never know what will happen with litecoin, strange price still quite cheap but better to buy earlier than when the pump will come!

[HarryAnsour]

Can anyone predict if this coins price will ever be like ETH?

[lonesomestranger]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Litecoin is a great project, and considering Lightning Network is a huge step forward for LTC, I do believe it is possible for ATH to happen! Well, I dont know for sure about this year, but definitly is gonna happen in first quarter of 2018

[xiao2017]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Litecoin is a great project, and considering Lightning Network is a huge step forward for LTC, I do believe it is possible for ATH to happen! Well, I dont know for sure about this year, but definitly is gonna happen in first quarter of 2018

LTC target price in 2018   150$ 200$ ?

[moli1]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Indeed! LTC will be up soon but nobody know when it will....one of the best project .. hold for long time.

[masstahcoiner]

I guess LTC will be always Silver

and price will skyrocket someday 

[XCNP]

It is matter of time when LTC will be back at some reasonable percentage like it was in past. I also fully agree once the lightening network based transactions are live LTC will be used widely which means more value automatically. Hold on your horses to remain the game.

[rakeapps]

litecoin value is much more should be around the same price as eth it's current price is too low
unless speculators decide to dump some litecoin for some others coin the Price should to go up to 200 dollars or more in the coming months the stability of litecoin is coming from holders that knows that litecoin will get the best technology

[lonesomestranger]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Litecoin is a great project, and considering Lightning Network is a huge step forward for LTC, I do believe it is possible for ATH to happen! Well, I dont know for sure about this year, but definitly is gonna happen in first quarter of 2018

LTC target price in 2018   150$ 200$ ?

If it was up to me, Litecoin should have reach long time ago ETH price, but it is a free market and it doesnt always happens the way we want ! I dont want to say numbers, because I may be wrong, but I really think we will see a huge improvement regarding price, in 2018

[vcdragon]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Litecoin is a great project, and considering Lightning Network is a huge step forward for LTC, I do believe it is possible for ATH to happen! Well, I dont know for sure about this year, but definitly is gonna happen in first quarter of 2018

LTC target price in 2018   150$ 200$ ?

If it was up to me, Litecoin should have reach long time ago ETH price, but it is a free market and it doesnt always happens the way we want ! I dont want to say numbers, because I may be wrong, but I really think we will see a huge improvement regarding price, in 2018

so you think is good to kep the ltc coin? i have buy up alot but now it go down

[crypto research]

LTC  is  hold.

[moli1]

Do you think that LTC will reach a new ATH still this year? Is the Lightning Network going to be massively used in the nearest future?

Litecoin is a great project, and considering Lightning Network is a huge step forward for LTC, I do believe it is possible for ATH to happen! Well, I dont know for sure about this year, but definitly is gonna happen in first quarter of 2018

LTC target price in 2018   150$ 200$ ?

If it was up to me, Litecoin should have reach long time ago ETH price, but it is a free market and it doesnt always happens the way we want ! I dont want to say numbers, because I may be wrong, but I really think we will see a huge improvement regarding price, in 2018

so you think is good to kep the ltc coin? i have buy up alot but now it go down

dont worry   litecoin very good coin. it will up soon. if you sell at low price then definitely you will regret in future when its price up.

[gembitz]

I think there is nothing wrong with litecoin.  Even eth goes sideways these day. Just because its the show of btc and btc steal all the limelight till the end of this year.

the only thing to worry is dilution there are so many litecoin implementations>.> look here goes emc2(litecoin fork) weeee

https://poloniex.com/exchange#btc_emc2

[cryptoid2017]

Upcoming LTC Technology

http://leakyhydrantga.ga/2017/10/upcoming-ltc-technology
https://www.reddit.com/r/litecoin/comments/71enjy/litecoin_technology_and_general_timelines/


1. MAST
What does it do? It allows more privacy by hiding lumped transactions through a Merkle root. It also allows for complicated smart contracts. Smart contracts are currently capable on the LTC blockchain, it just takes up a lot of space.
When will it be released? Of all the tech, this is the closest to being released. Perhaps in the next Core release update. (But who knows?)
2. Lightning Network
What does it do? Allows instant transactions and reduced fees.
When will it be released? The LN isn’t being developed by the Litecoin Foundation specifically. It is being developed by Lighting Labs. There is a prototype wallet called ZAP! by jack mallers. If you’re a coder, you can help them test it. That being said, it will take a significant amount of time in order for the LN to create a fully functional product. Perhaps a year to create stable wallets. Multiple years to scale it out.
3. Atomic Swaps
What does it do? It allows people to trade one coin for a different coin without an exchange. This is called cross-chain swaps. It actually utilizes LN to do it.
When will it be released? Charlie reported that LTC and Decred just did an official test run but that was not through the LN. If it takes a year for stable LN wallets, it will take longer to build AS on top of that and even longer to integrate it into the mainstream.
4. Covenants
What does it do? You are able to select LTC to be bound together and stay together no matter what. When LTC blocks are formed, all the LTC are lumped together. Covenants will allow chosen LTC not to be lumped in with the other coins but be continually bound together. This allows Colored Coin application. It also allows “vaults” which will be added to Litecoin core. You basically lock it up so in case someone gets your priv keys, it has a delayed transaction time (let’s say a day) for it to be sent out without interruption. But you have a special “key” that lets you spend the LTC faster than the ones your attacker is sending. Pretty cool stuff. More security.
When will it be released? Honestly, I have no idea. Right now, it doesn’t seem to be a high priority from what I understand.
5. Confidential Transactions
What does it do? Allows anonymity between LTC transactions, something similar to Monero.
When will it be released? Charlie recently expressed in an interview that he thinks this might be the next project to work on. So I assume once MAST is implemented, they will focus on this next. My general guess would be in about a 6 months to a year.
6. Colored Coins
What does it do? Allows LTC to be repurposed to be attached to an asset. Yes. That means ICO’s. But think bigger and be more creative. Johnson Lau speculated you can assign LTC to a computerized car like Tesla. Your LTC could be given the property to act like a key to your car which you could send via your mobile phone. mind blown
When will it be released? I’m not sure this is very high on their priority list. BTC might take the lead before LTC on this one. Maybe 2 years?

Thanks for this overview, some points are new to me. Good to see such plans. Seems that the anonymity trend is very strong now.