Some side topics aside from my travel series:
I am slowly shifting some of my crypto holdings into Litecoin in view of the possibility of chain split of Bitcoin on August 1st. I would expect some major volatility in Bitcoin..While Ethereum could be a better choice after Bitcoin, we can see that the recent Status ICO shows that Ethereum has scaling issues -- network congestion issue.
Let's look at several technologies of Litecoin: Implemented and upcoming
- Segwit scaling solution: Looking smooth so far
- Lightning Networks implementation: This would mean instantaneous transaction.. imagine how much benefit this could bring ! One of it is efficient decentralised exchange:
What if a merchant accepts only BTC but you only have LTC. You can now pay LTC and exchange them instantly through a LN exchange node and send BTC to the merchant. That’s basically decentralized ShapeShift - Charlie Lee
Read more about it at: https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b
- Confidential Transactions: Privacy feature similar to Dash
- Upcoming road map of Litecoin development: https://litecoincore.org
Looking at Litecoin slowly regaining its market position, I am looking positive on it as it is undervalue in my point of view.
Any view on Litecoin Steemians? Welcome to discuss about it here :)
Feel free to up vote and re-steem too to get more people in the discussion.