Litecoin segwit fee how to get or give bitcoin on reddit
Interesting read! If Bitcoin activates segwit, lightning network, smart contracts, and is able to process more transactions quicker, will LTC even be necessary? In romania and bitcoin asic card ethereum of Litecoin or cryptocurrency more generally, what keeps you up at night right now? Get updates Get updates. Create an account. Want to add to the discussion? The main issue I see though, is Bitcoin Core has been using the technologies of Litecoin so heavily, that Bitcoin has become a clone of Litecoin. You are wrong. This can be done in two different ways. Submit a new text post. Get an ad-free experience with special benefits, and directly support Reddit. Now on coinbase and will be on bitstamp in June. It'll send the funds. Litecoin had a fair start while bcash did not. Hourglass image via Shutterstock. It is in the roadmap and is coming soon. Visit the official litecoin website at litecoin. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Not sure what you mean by "fair start" BCH split from the main Bitcoin chain so its technical start was identical to Bitcoin. Thank you for your understanding. This is precisely sybil attack ethereum moving bitcoin cash coins reason I dumped a big load on Vertcoin.
One Year Later, What’s Holding Back SegWit Adoption on Bitcoin?
Storing value on two complimentary blockchains is inherently furthering decentralization. Want to add to the discussion? Create is ethconnect being sold on etherdelta paxful bitcoin with itune account. But there may also be pushback from the community. Submit something new. The Math: Contact the mods Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. In terms of Litecoin or cryptocurrency more generally, what keeps you up at night right now? Still, both Russell and Aaron Lasher, the chief strategy officer at bitcoin wallet company BRD, suspect that pressure for SegWit adoption will increase for businesses in the event of a bitcoin how to enable two factor identification on bittrex how to get usdt on bittrex increase. This means even if a user's account is hacked through following transactions made for purchases they will not lose all their money. That said, Bech32 is actually more efficient than P2SH. However, in some private discussions with a user on litecointalk. Just holding does nothing, there needs to be an exhange of currency. Keep up to date with the Official Blog. Or do you not see it that way? He concluded: Watch a quick litecoin video to learn more Litecoin Websites Litecoin. Contribute and learn more here litecoin. Have cryptocurrency exchange script trading cryptocurrency for profit complaint? Get an ad-free experience with special benefits, and directly support Reddit.
I created it, I want to see it succeed, and, if it does well, I get pride, fame, whatever. As bitcoin does the same job. Regarding there are over 10 transactions daily, this process becomes impossible to fulfil. Think about it bitcoin didn't really take off until it was an internet currency in use. Click here to visit our Twitter. Become a Redditor and join one of thousands of communities. The information provided here or in any communication containing a link to this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject SFOX, Inc. I can confirm that this is incorrect. Indeed, since , the segment of the bitcoin community that disapproved of SegWit has focused its efforts around an alternative cryptocurrency called bitcoin cash now referenced on some exchanges as Bitcoin ABC and Bitcoin SV due to a recent chain split. Not because people have invested, you need to understand how that works. The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges. I have actually forgotten and made that mistake. Submit something new. That version is known as Bech
Satoshi Lite in 2018: An Interview with Charlie Lee
In the case of LTC, what makes the most sense would be to spend it and then buy just as much just before or. In terms of Litecoin or cryptocurrency more generally, what keeps you up at night right now? We really. I don t understand why Litecoin should be better than etherum. No "I just [bought sold] Litecoin" posts. I think the recent scare definitely gives me a wake-up call: I think this because Litecoin is more accessible on big exchanges bitstamp, coinbase and I am honestly curious to figure out how BCH even has that volume. I still need to set up the Nano S, do I pick legacy or segwit, or can you have both, if so do they share their private key? You have the payment information and don't need to halt transactions. Use of this site constitutes acceptance of our User Agreement and Price of litecoin prediction viabtc bitcoin expedite Policy. Contact the mods. Now on coinbase and will be on bitstamp in June. The Math: Got another minute?
I think the volatility of Bitcoin and Litecoin will solve itself over time: The technology, patented by Bitcoin Core developer Timo Hanke and Sergio Demian Lerner in , was recently made publicly available for all miners to use under the Blockchain Defensive Patent License. So the downside of that, obviously, is that the miner whose block got orphaned lost out on the value of the work they did. Oct 9, After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. I think that, for good reason, Satoshi remained anonymous and kind of left the project. One is a store of value like gold and the other would be used as a currency used on a daily peer to peer basis of micro transactions. And yes, the fees for Litecoin are actually very reasonable but if you send it from legacy to segwit you will pay fees twice and since you are just hodling, there is no reason that legacy won't work fine for you. For example, two years ago, I saw that Bitcoin was having all this trouble with activating SegWit. It's more like why would I want to invest in a prototype or 'test'?
“A pretty good guess”
I think BCH has done atomic swaps, but I've been on subs for quite a few cryptos so I could easily be mistaken here. Want to join? I still need to set up the Nano S, do I pick legacy or segwit, or can you have both, if so do they share their private key? If you wasn't around when BCH first arrive, it tooks like a day just to get confirmed. A cheaper alternative to support the LTC network. You can sell thousands and not crash the market. Many low value coins can be merge mined with it increasing profits for miners. Visit the official litecoin website at litecoin. Visit the official litecoin website at litecoin. While not yet released for bitcoin, Winklevoss promised migration to the new wallet system in Q1 of this year. Can anyone shed some light on this subject? Whether it's Litecoin or two Bitcoins or some other form - I'm not sure I feel comfortable with the idea of 1 single currency and road into the future where people don't have any choices or competing ideas. In the end, I think that sound money will win in crypto. If, as a company, you are unable to locate the keys for addresses that belong to you, you should probably not be in business.
Litecoin is smart contract compatible, bcash is not Litecoin is cryptocurrency coin alerts flip altcoin alert swapping compatible, bcash is not Overall Litecoins technology is more advanced. I still need ripple 2020 price3 of bitcoin set up the Nano S, do I pick legacy or segwit, or can you have both, if so do they share their private key? Don't know at the moment? LTC's 24 hour exchange volume is above the entire cryptocurrency market's in January of this year. This is precisely the reason I dumped a big load on Vertcoin. Get an ad-free experience with special benefits, and directly support Reddit. So, to give a little perspective: Storing value on two complimentary blockchains is inherently furthering decentralization. He concluded: When submitting a link to something with which you are affiliated, you must point it out in the title or body of your submission. A cheaper alternative to support the LTC network. What am I missing? Want to join? Are these two direct competitors? Get an ad-free experience with special benefits, and directly support Reddit.
MODERATORS
Want to join? If 50 percent of blocks get orphaned, and the network is gigahash, then the attacker only needs 50 gigahash to attack the network because 50 percent auty key for coinbase where to buy bitcoin in usa blocks were orphaned, whereas the attacker would not have any blocks orphaned, so they can build a longer chain with less work. Still mineable in many western countries even after electrical costs are factored in. No "I just [bought sold] Litecoin" posts. The Math: Create an account. LTC's 24 hour exchange volume is above the entire cryptocurrency market's in January of this year. Hourglass image via Shutterstock. Just to add to previous replies: Look at the chart selling bch from trezor jaxx wallet windows indicating volume in the last 24 hours relative to other coins http: The Math: Become a Redditor and join one of thousands of communities. I created it, I want to see it succeed, and, if it does well, I get pride, fame. This means there will be inconsistency in the confirmation time. I have actually forgotten and made that mistake.
And yes, the fees for Litecoin are actually very reasonable but if you send it from legacy to segwit you will pay fees twice and since you are just hodling, there is no reason that legacy won't work fine for you. As Russell explained: Many low value coins can be merge mined with it increasing profits for miners. I am nearly positive my nano has Bitcoin on segwit directly from coinbase. As Lasher told CoinDesk last November: It will always maintain the integrity of the blockchain no hard forks for special interests. But if they understand how the similarity is also an advantage, that might help people to digest the differences. Hope for your understanding. But the fact that people want to hoard a good is what gives it value when you decide to spend it. I usually don't post I'm like most on Reddit who just read check my comments I've posted before they are just commenting to comment but I'll throw this in to help newcomers out the best I can. Want to add to the discussion? All rights reserved. We really do. Any idea what's wrong. I see cryptocurrency bringing value to the world through the properties of sound money. I mean, being a public face for a decentralized cryptocurrency is kind of an oxymoron. Yes I believe crypto will never be taken seriously in the real world until we can both safely store lots of value and perform transactions exclusively, safely and quickly.
Welcome to Reddit,
Btc and Ltc need to be viewed as two sides of the same coin once atomic swapping is possible. And we can do that for other things in the future. Submit something new. I think some users here did not know about that and are bashing the old algorithm, which admittedly did cause huge fluxuations. I agree. With SegWit-enabled transactions making up nearly 40 percent of the bitcoin network, it means that transactions deliberately excluded for ideological reasons would reduce the total mining reward doled out to miners for validating a new block. As Russell explained: Click here to visit our Twitter. Interesting read!
He told CoinDesk in a former interview that: I'd much rather have a few choices and systems in case a single road forward runs into trouble. Fast well established network. And atomic swap transactions can't be back traced to the original btc wallet in the traditional way. In that case it just says "invalid address". The faster block time of litecoin reduces the risk of double spending attacks. We really. Litecoin gpu mining pool digibytes currency my Nano S has 2 litecoin wallet in it? So if you just send them from Coinbase to your legacy wallet, they will be stored safely xfx radeon r9 290x hashrate xmr coin mining nedir you will only pay fees once! That was totally unexpected. Capable of eight times as many transactions as Bitcoin in a ten minute period. As such, the later upgrade actually processes SegWit transactions in a more roundabout fashion than Bech Recently activated segwit on it's network with virtually percent consensus. Submit a new text post. This means even if a user's account is hacked through following transactions made for purchases they will not lose all their money. One of the main goals was to launch it in a very fair manner. If anyone wants to target Litecoin, they could attack me. We need both man. Have a complaint? Visit the official litecoin website at litecoin. To that end, one of the principles I always followed was to just keep close to Bitcoin.
Miner incentives
Just storing litecoin makes it pointless vs bitcoin. In the case of LTC, what makes the most sense would be to spend it and then buy just as much just before or after. Exchanges dont allow you to do what I outline as it adds a third party, no quick transactions between your "main" btc wallet and "debit account" ltc wallet. But on the other hand, if one of these really does become a worldwide decentralized currency, then the community will be the whole globe. Recently activated segwit on it's network with virtually percent consensus. Litecoin is smart contract compatible, bcash is not Litecoin is atomic swapping compatible, bcash is not Overall Litecoins technology is more advanced. I think one of the best uses of it today is Lightning Network: I haven't read that info before, being new to Litecoin. Bitcoin is obviously the soundest form of money around, and Litecoin, I would say, is the second soundest. Potential of using the Lightning Network as a method of increasing transactional capacity. Litecoin is small compared to Bitcoin: Hope for your understanding. Thanks to Charlie Lee for taking the time to talk with us and provide his views on the world of crypto.
It is, yeah. There are a lot of Chinese Litecoin miners. Still - Litecoin does process faster. Litecoin is smart contract compatible, bcash is not I haven't looked much into this on pay using coinbase gamestop future price of bitcoin cash side so I will take no strong stance on this one way or. Has high fees but is stable and trusted. Basically, there are two "parts" of the Litecoin and Bitcoin blockchains - the original part is called "legacy" and the newer part is called "segwit". If the BTC camps can't even get cryptocurrency help xrp in hardware wallet activated without risking splitting the coin I have very little hope for any future tech upgrades. That makes it very easy for Litecoin to help Bitcoin out in terms of handling the transaction value. Submit something new. This concerns all cryptocurrency mining contract do i need a contract to mine ethereum services you use, unfortunately, since there are no preventive measures at all. Sign in Get started. Here in Canada my Titans still make a profit long after shutting my Neptunes. Litecoin can act as a complement: And yes, the fees for Litecoin are actually very reasonable but if you send it from legacy to segwit you will pay fees twice and since you are just hodling, there is no reason that legacy won't work fine for you. We really. Visit the official litecoin website at litecoin. Click here to visit our Twitter. Contact the mods Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. You can sell thousands and not crash the market. Litecoin has segwit, Bitcoin cash does not. I haven't read that info before, being new to Litecoin.
Contact the mods Wells fargo bitcoin coinbase will ripple grow to 10 dollars are welcome to advertise new services, or the acceptance of Litecoin on their service. Contact the mods. First, businesses can reuse an older upgrade that has been around since called the pay to script hash P2SH. No "I just [bought sold] Litecoin" posts. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. This is precisely the reason I dumped a big load on Vertcoin. I see cryptocurrency bringing value to the world through the properties of sound money. Can Litecoins sent how to connect coinbase bitcoin to blockchain wallet transfer bitcoin to paypal coinbase a Bitcoin SegWit wallet be retrieved? I received a Reddit message two days ago and an email from the support team this morning. As such, back in late Octoberwhen bitcoin mining pool Antpool was seen to exclude SegWit-enabled transactions for a period of roughly one week, certain proponents of the bitcoin community harped back to old allegations against Bitmain — which operates Antpool — for secretly attempting to deploy the firmware. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. I haven't read that info before, being new to Litecoin. Watch a quick litecoin video to learn more Litecoin Websites Litecoin. No "I just [bought sold] Litecoin" posts.
This whole ecosystem is about decentralization. All submissions related to your affiliation will be blacklisted if found to be spamming. Got another minute? Overall Litecoins technology is more advanced. Contribute and learn more here litecoin. Litecoin Vs Bitcoin Cash self. Click here to visit our Twitter. When it was showing on blockcypher it showed bytes tx size so 0. No one will ever be using the account they store all their hard earned currency for front facing payments. Become a Redditor and join one of thousands of communities. Not the fact that everyone wants to get rid of it. Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. Contribute and learn more here litecoin. Contribute and learn more here litecoin. I agree.
Click here to visit our Twitter. You won't lose your coins. Were you uncomfortable with the idea of SegWit getting tested live on Litecoin first meaning, on a blockchain where your coins are actually being traded for money? Why the minimal adoption rate? So, no pre-mines: Visit the official litecoin website at litecoin. The one that got confirmation is non segwit one and Because the transaction is 24 hours late it won't now appear on blockcypher. I haven't looked much into this on either side so I will take no strong stance on this one way or another. Btc and Ltc need to be viewed as two sides of the same coin once atomic swapping is possible. If the project fails to gain contributors in a healthy manner, that will be when BCH can be fairly called out on this metric. What's the benefit of moving it to Segwit after recieving it on Legacy when I don't trade fees irrelevant then? In that case it just says "invalid address". I would like to exhaust all avenues before giving up.
As a side note, imagine if we could invest in the stock market with LTC right now Bitmain mines it. Become a Redditor and join one of thousands of communities. Visit the official litecoin website at litecoin. I think the recent scare definitely gives me a wake-up call: Watch a quick litecoin video to learn. You are wrong. For now This exactly; even if the unlikely situation where both coins are exactly the same, there is value in a seperation of chains so if something goes wrong with the governance of one, the other one is there to store value. As you can see this is rather distressing for me and I don't want to give up. Litecoin has segwit, Bitcoin cash does not. I'm glad you took the time to repost it. Satoshi Lite in Since scrypt is memory intensive it is known to be approximately times slower hardware wise in comparison to SHA So before you send them money, you have to actually think: So stuff like that definitely keeps me up at night. Even in there anonymity in cryptocurrency myetherwallet change wallet discussions of the limited transactional capacity of BTC, five years later it's still being discussed. I'd rather not put my money in a 'live testnet. Post a comment!
Instead of yelling FIRE in a crowded room like Bitcoin's community is doing you all are educating people even newcomers. Yes I believe crypto will never be taken seriously in the real world until we can both safely store lots of value and perform transactions exclusively, safely and quickly. Litecoin also has 2. We share your feelings about this case. A cheaper alternative to support the LTC network. I'd much rather have a few choices and systems in case a single road forward runs into trouble. In having already made a purchase with BTC I was dissatisfied with the slow confirmation times and the necessity of additional coins seemed obvious. Have a complaint? Whereas LTC can be the "cash card" for btc where people can transfer from btc to Ltc for free with atomic swapping. Submit something new. Submit a new text post.
