The most common misconception about @litecoin I hear being repeated is that it was built to compete with @Bitcoin.
It actually wasn't, @SatoshiLite designed Litecoin to complement Bitcoin. Here's the simplest way to think about it: Bitcoin is a great store of value, but it isn’t optimized for everyday payments. Litecoin is.
LTC is faster and cheaper to use for day-to-day transactions, which is exactly why it continues to see real-world payment activity 14 years in.
Bitcoin and Litecoin each advance the “digital assets as currency” case together by playing different roles.
The compression on Litecoin is absolutely wild.
Once we breakout there’s no going back.
$1800-2400 is inevitable.
Get ready for $LTC to melt your face.🫠
LitVM joins CMC Labs accelerator program
🔥 Litecoin's first EVM rollup is here. Endorsed by the Litecoin Foundation and backed by Charlie Lee, @LitecoinVM brings smart contracts, DeFi, and Web3 apps to the Litecoin ecosystem.
Learn more 👉 https://t.co/QEbFce2SgU
(CMC Labs: Partnership)
Yesterday was an important day for Litecoin.
A 13 block reorganization has reversed an invalid MWEB transaction while the blockchain continued running.
The invalid transaction was caused by a bug, because specific LTC nodes were not updated and one or more entities tried to use this bug for themselves.
While this matter got popular on X, many people used the situation to spread fake news about Litecoin.
- "51% of the blockchain got hacked"
- "Litecoin has no 100% uptime anymore"
- "Users lost funds"
...
The reality is:
- Litecoin and the team reacted really fast and fixed the bug in hours while dropping an updated version of Litecoin Core for everyone.
- Not one LTC was stolen. All holders are safe.
- The chain didn't go down, just was slowed for some time while reorganizing the affected blocks.
This means that this was just a stress test and the team managed the whole thing with bravour!
Uptime is still 100%. ✅
$DCR (Decred) has been doing on-chain governance since 2016. Token holders vote on protocol changes. No CEO, no VC, no foundation override. D-Score 78 — full DAO. That's rare in crypto.
Full breakdown: https://t.co/wSdT69uvbl $DOGE $KAS
I’ve spent 25 years in finance and capital markets.
I thought I had seen every version of an undervalued asset until I looked at Litecoin.
This network processed more than 380 million transactions so far.
It provides hard money with a privacy feature that other assets lack.
And all this without a second of downtime for 14 years.
Despite this, there was almost zero publicly accessible equity exposure for investors who wanted it through a stock.
So we built it.
@LiteStrategy is the world’s largest publicly traded Litecoin treasury company.
Our goal? Bring Litecoin to public markets so millions can gain access to one of the world’s most enduring digital assets.
I am proud to be on this mission with our board members, @satoshilite, creator of Litecoin and @joshriezman, @GSR_io’s US Chief Strategy Officer and Head of US Legal.
I am here to share the thesis and the journey. The opportunity is bigger than the markets realize.
Payments. Privacy. Hard money.
To those reading from the other side of the screen.
Our world is under attack.
Greed and pride have taken a foothold in the hearts of powerful people.
Their actions are causing chaos.
We can combat this evil by doing good to the extent we are able.
There is no good too small.
Build, voice opinions, love, use decentralized blockchain tech like Litecoin, fight for what you know is right, and we will make it out the other side.