Post
Topic
Board Economics
Re: Why litecoin had SegWit so fast?
by
freedomno1
on 02/07/2017, 07:38:26 UTC
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.

The creator of litecoin Charlie Lee supported it, talked with the necessary people and implemented a plan that no one had any real issues with hence it was approved sealed and a done deal.
https://www.cryptocoinsnews.com/litecoin-creator-charlie-lee-urges-jihan-wu-to-signal-for-segwit-antpool-obliges/
(Also the transaction capacity was not near the 1MB limit yet so a lot less impact they have more time to study things later)
Bitcoin the foundation and other groups suggested it met pushback and hence we had a blockscale debate on the best implementation due to a variety of political monetary and strategic issues that scaling presented and the transaction limit was approaching so issues and debate hence drama.