You are viewing a single comment's thread from:

RE: Litecoin to be Main Payment Coin Soon ?

in #litecoin7 years ago (edited)

Bitcoin Cash (Z-conf transactions) would work even better, but I suppose would be a lot more controversial so far. Litecoin devs have also gotten a lot closer with Bitcoin LS (BTC) devs and community over the years and that popular and financial support certainly plays in as well when trying to establish stable business channels.

Coinbase and Bitpay payment integrations do make things a whole lot easier across the spectrum though. Dash also has some major things brewing.

So while this obviously is good for Litecoin holders and users, I'm not really jumping up and down thinking I'll use Litecoin for payments in the future.

It's amazing though how well "meme-coins" such as Litecoin, Dogecoin, etc and smart contract platforms utility tokens like Ethereum have done in terms of transactions volume and price. Those same coins could all have been created and run in synergy with Bitcoin and even used as a complement to scaling the main chain, but because of developer decisions were never implemented that way.

Instead we now have them as independent chains, some of which are of course mere jokes and some of which are more serious. This works, but leads to lower chain security and probably some unnecessary need for 3rd parties when transferring cross different chains.