Post
Topic
Board Economics
Re: Why litecoin had SegWit so fast?
by
cellard
on 04/07/2017, 16:02:26 UTC
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.

Charlie Lee managed to get everyone on board somehow. The fact that he speaks chinese is I guess a way to connect with them. He probably (and dangerously) promised miners some sort of blocksize increase in the future...

This shows Litecoin is not really decentralized because it needed a leader to get everyone agreeing.