Litecoin to be divided into Lites! 1 LTC = 1000 Lites

in #cryptocurrency7 years ago (edited)

I think this is a great way to improve it's ability to be integrated into society. It's really pushing the whole Silver to Bitcoins Gold!

https://twitter.com/SatoshiLite/status/886163827380731904
https://www.reddit.com/r/litecoin/comments/6nf60a/we_need_a_smaller_unit_of_accounting_lites/

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SatoshiLite Charlie Lee tweeted @ 15 Jul 2017 - 10:01 UTC

I think we need a smaller unit of accounting for Litecoin. How about 1 LTC equals 1000 lites? See reddit thread: reddit.com/r/litecoin/com…

Disclaimer: I am just a bot trying to be helpful.

I think price will grow after that

Only time will tell. I think everything just being a satoshi is fine, but maybe litecoin is trying to distance itself from bitcoin just in case.

I believe Litecoin will gain more money from the bitcoin uncertainty than Ethereum and I have Stratis as a darkhorse. The ICOs are taking a toll on ethereum and the Stratis side chains look great right about now.

Often they are called Litoshi although that would be 1/1,000,000

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