If you haven't read it already, here's yesterday's Coindesk article on Litecoin and Lightning Networks:
http://www.coindesk.com/cross-blockchain-trades-lightning-gives-new-life-atomic-swaps/
Litecoin is now, potentially, the most technologically advanced coin in the crypto-universe with Core developers working on it to deliver full implementations of Lightning, the game-changing 'atomic cross-chain transactions' and other goodies.
"Another point to note: now that SegWit has activated on litecoin, users can begin sending test cross-chain transactions from litecoin to the bitcoin testnet."
When news of full Lightning implementation breaks it will be too late - the train will have left the station.
http://www.coindesk.com/cross-blockchain-trades-lightning-gives-new-life-atomic-swaps/
Litecoin is now, potentially, the most technologically advanced coin in the crypto-universe with Core developers working on it to deliver full implementations of Lightning, the game-changing 'atomic cross-chain transactions' and other goodies.
"Another point to note: now that SegWit has activated on litecoin, users can begin sending test cross-chain transactions from litecoin to the bitcoin testnet."
When news of full Lightning implementation breaks it will be too late - the train will have left the station.
Great article giving very nice insight into the potential of Lightning Network. Problem is though that the Devs of SegWit activated coins aren't acting on their opportunity and other technologies are already filling the niche first.
Why this foot dragging and lack of action on the part of the SegWit activated devs? I imagine that it's most likely a combination of converging factors from being overwhelmed, to incorrectly thinking that time is not of the essence, to perhaps even possibly thinking that they have a monopoly on the holy grail. AFAIK they aren't even talking to each other about network integration - either that or they're keeping it top secret. What's it been? 60 days now since activation and we've heard nothing? 60 days in crypto is like 60 weeks in the rest of the world - you wake up to find out that nobody needs you anymore because your technology, even though it's good, is not as good as what's already been put to work. They've got to get on it now. I've got a jump start idea that would guarantee Lightning Network almost instant and universal acceptance that I've offered to the SegWit Devs risk free, and haven't even received a reply. I've no idea what's going through their heads.
Thanks for posting the link!
Totally agree. If LTC doesn't move (now) with advancements, it'll be left in the dark. The price will leave no room for anything (no paid devs, no usage. no nothing). Where are the updates? If you can't get lightening and smart contracts going now, others will. If you can't get others to start switching to LTC now, because of its speed, other will. The window and door is open right now, but only for a very short period of time.
Nice tweet from @SatoshiLite - RSK on Litecoin. SmartLitecoins. 2-way pegs. Atomic swaps. Drivechain. More details on twitter.
Litecoin taking big steps forward.
Faster, faster, faster!
That was then and this is now. Segwit's been activated since April. What's happened since? One hell of a spring break in Florida?
Resting on your laurels will get you killed in this business.
You can bet that someone, somewhere, is busting their butt to take your market away, and we all know just how nasty folks are in this space - the more it hurts you, the more they'll laugh.