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Tag Archives: Litecoin

Date Set for First Litecoin Mimblewimble Testnet Launch

Sep 8, 2020

Olusegun Ogundeji

Following its August progress update, the developer of Grin++ who has been working for several months with the founder of Litecoin, Charlie Lee and others, to design a Mimblewimble extension block has disclosed the date for the anticipated launch of the feature which is expected to bring co...

Litecoin Losing Spot but Hopeful

Jul 3, 2020

Olusegun Ogundeji

Litecoin (LTC) is gradually becoming the latest digital asset among the top ten by market cap on the verge of relegation despite the glimpse of hope in its capability to bounce back. In recent weeks, the Charlie Lee-led cryptocurrency has gone a spot or two lower going by the current ranki...

Why Litecoin’s Appeal for Miners’ Funding is Voluntary

Feb 11, 2020

Olusegun Ogundeji

Litecoin Pool now has a setting that lets miners voluntarily donate a percentage of their revenue to Litecoin Foundation, the Litecoin founder has said. Charlie Lee had at the end of January suggested that a better way to fund the network's development would be through mining pools who volun...

Chinese Chat Groups Use LTC Hype to Push the Price Up

Feb 19, 2019


The price of Litecoin (LTC) surged dramatically around the Lunar New Year celebrations. On Feb. 8, LTC price upped 23 percent in a single day and surpassed EOS became the 4th ranked cryptocurrency in terms of the market cap on the following day. This is the first positive moveme...

Litecoin Pushes Adding Privacy Feature

Feb 5, 2019

Olusegun Ogundeji

Litecoin's creator announced via Twitter that they are planning to add Confidential Transactions (CT) into a future release of full node implementation later this year. Charlie Lee states that the idea to add CT, which could softforked in, is to make the cryptocurrency more fungible. He a...

Litecoin to Lose Steam as Lightning Network Gains Traction?

Jan 20, 2019

Olusegun Ogundeji

A payment gateway for blockchain payments has launched the processing of Lightning Network payments on Litecoin network. The news from CoinGate comes in the wake of claims raised that more Litecoin in existence are getting concentrated in fewer hands. Published figures show that the top 100...