SegWit Hype Sees Litecoin Price Pass $10 For First Time Since 2014

in #crypto7 years ago

 Litecoin is up another 30 percent in the past 24 hours riding the wave of excitement surrounding the seemingly imminent introduction of Segregated Witness (SegWit).Having flatlined in price and market cap for some time, trading at just under $4 a coin, Litecoin is now at over $10.  Lee wrote:“Litecoin does not have a block size problem. That’s right, and SegWit is not just a block scaling solution. I would even say block scaling is just a side benefit of SegWit. The main fix is transaction malleability, which would allow Lightning Networks (LN) to be built on top of Litecoin.”Litecoin’s price performance, meanwhile, echoes that of many of the top ten altcoins since the beginning of the year with Dash, Ethereum and most recently Ripple exploding in value. https://cointelegraph.com/news/segwit-hype-sees-litecoin-price-pass-10-for-first-time-since-2014

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