Litecoin is one of the biggest and most stable altcoins out there. Litecoin is one of the biggest and most stable altcoins out there. The first to employ the scrypt algorithm, Litecoin has become the silver of cryptocurrencies where Bitcoin is gold. Despite serving the same function as Bitcoin, a decentralized p2p payment system, Litecoin has several differences that are worth exploring. Furthermore, recent developments within the community may prove to be game changing for the currency, as new developments may soon be integrated into its protocol. We are talking about Segwit. The popular scaling solution that could help Bitcoin’s transaction capability go up while fixing persistent issues in the network, like transaction malleability, may end up being activated in Litecoin before it does on Bitcoin. Segwit, unlike a block size increase, does not require a hard fork to take place and can instead be activated with a soft fork. Segwit removes the witness data from transactions in orde
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