Post
Topic
Board Economics
Re: Why litecoin had SegWit so fast?
by
culuuton
on 05/07/2017, 05:44:40 UTC
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.
Unlike bitcoin, litecoin is a well known currency, but it does not have breakthrough developments, even if it's not popular, segwit can help litecoin thrive. The reason for the litecoin's segwit is quickly accepted.
Let us say that the number of transaction of litecoin is not that huge like bitcoin,accept the fact,for a decentralized currency like bitcoin you need to have all the challenges and the developer came forward to talk to all the miners and so is the reason we could see a sudden upgrade.
The fact is transactions count can't grow past computational capacity.