$LTC Store of value, digital cash, privacy enabled, fungible, cheaper & faster than $BTC, +14 years zero down time, SCRYPT merged mined with $DOGE, Hard money.
Blockchains prove their value when things go wrong.
Today, a network stopped producing blocks for hours.
Litecoin has been producing blocks without interruption for nearly 15 years.
Reliability is easy to ignore…
Until you need it.
They soft forked it to shut off orchard (a primary feature of Zcash privacy), then hard forked the chain to fix it, then brought the new version of Orchard online lol. So it’s basically a totally new chain. So not only did it go down, it died and its a new one. $Ztrash
LATEST: ⚡ Zcash developers patched a critical Orchard bug that could have allowed double-spending, with no exploit detected and the ZEC supply unaffected.
Imagine what happens after this brutal sentiment on crypto twitter suddenly turns positive again.
Only the chosen few will survive the longer we stay in this negativity pattern.
My suggestion is follow which cryptos have spot ETFs. That list is very small.
Zcash had a big I guess vulnerability (nobody even covered that).
And then they suspended txns for 24hrs (nobody noticed or covered it).
And all explorers are connected to single node (for some reason).
And retarded kol has some special explorer which says chain is working.
And CEXs withdrawals still suspended.
They can debate all day but zcash was down, not all of it but majority of it and some big vulnerability, some 3 pools (which are majority) decided to halt txns, literally.
This also shows that zcash is highly centralized:
1/3 of nodes (300+) sit on hetzner.
90 nodes sit on a single /24 subnet.
My team will kill me if I say anything, haha.
I know everyone wants mainnet asap. We are very close to mainnet. However, I want to take our time, add UI/UX fixes, complete the formal verification audit, and release a few things we haven't released yet before mainnet.
We could be earlier than Q4.
Contrary to popular belief, there are legitimate cryptocurrencies out there that serve a purpose and help make financial markets more efficient.
One of those is Litecoin.
Litecoin is not going anywhere. It can still be used as a means of exchange when market prices are down.
The last 4yrs for $LTC has been in a sexy little beautiful range which we just tapped the bottom of. We will blast out of here faster than many believe.
Wonder when $LTC will start its rapid ascension. The current price has been consolidating for years at this point. @litecoin will spoke up the same style as $XLM did recently. Especially with its upcoming DeFi implementations through @LitecoinVM and $cbLTC on @base!