As Bitcoin Scales With Lightning Network, What Role Does Litecoin Have to Play?
— Litecoin, Market, Cryptocurrency, Scales, Does, Seen, Source, Play, Role, Altcoins, Lightning, Network, Transactions, Bitcoin — 1 min read
As Bitcoin Scales With Lightning Network, What Role Does Litecoin Have to Play? At the time of writing, Litecoin (LTC) is the 20th biggest cryptoasset by market capitalization. Many commentators are starting to question whether the ecosystem really ‘needs’ Litecoin. Bitcoin developers and supporters argue that Litecoin is more or less obsolete now that the original cryptocurrency has learned how to scale (i.e. via the Lightning Network) But the Litecoin community maintains that the altcoin serves as a useful testbed for scaling technologies, and that its growing adoption by payment and investment platforms should guarantee its survival for years to come. Source