Why Did Segwit Activation ♨ On Bitcoin Cause LiteCoin To Jump 📈 In Price To $50? (The Cryptoverse)

[marketingmonk]

On today's episode of The Cryptoverse:
Segwit finally activates on the Bitcoin network. But how did that lead to a jump in the price of LiteCoin back to $50?

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Comments

[cookin4u]

Just made my first lite coin purchase. Hope it is a good move.

[docomputing]

It was a combination of factors, prompted by segwit

1. Lightning Labs introducing a Lightning wallet that was developed for Litecoin
2. Litecoin introducing Node software to support Atomic Swaps
3. Roasbeef introducing a development toolkit for Lightning

My brief summary of it here:
https://steemit.com/litecoin/@docomputing/just-now-lightning-has-arrived-to-litecoin

[twitterbot]

Lightning tweeted @ 23 Aug 2017 - 17:32 UTC

@abou_imran10 @starkness @SatoshiLite Yup, stay tuned for BTC <--> LTC cross-chain swaps. 💱⛓️

Charlie Lee tweeted @ 23 Aug 2017 - 19:50 UTC

I'm working with @MLPFrank and @TheRealXinxi today to test out Lightning on Litecoin mainnet. Any real litecoins lost will be worth it! 😁

Disclaimer: I am just a bot trying to be helpful.

[steemboad]

What are BeyondBits and WhaleShares?

Beyondbits gave @officialfuzzy a power similar to the Whaleshares token that we started thanks to the delegates from @blocktrades just a little over 1 month ago. Because secondhand items are rapidly becoming one of the most vibrant and growing communities in the crypts because of this token , It is time for me to start testing a new token in preparation for "The Great Unleashing," when the whaleshares platform is open for some whales. In Steem. So I can now start giving my personal upvote tokens to the helpers in the same way as WhaleShares benefit the community . And since I also have some whaleshares stuff, maybe we will also see some winners here too!

[holl.boll]

Amazing
hope to visit it once :)

[bankholiday]

Wow I didn't know any of that. Trying to learn everything I can about Litecoin, thanks for the breakdown, good luck!

[kaitlynmoore01]

Good points in this article. I was about to post a similair post. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. Does anyone know about: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. Go to: https://www.coincheckup.com/coins/Litecoin#analysis For the Litecoin Investment analysis.