Anonymous bought a million litecoin. Now he owns the biggest LTC wallet

Last week, the Litecoin system has processed one of the largest transactions in its history. Someone bought 1.15 million coins LTC totaling $ 61 million. It is noteworthy, that the fee for the group transaction was only 50 cents

Looks like the funds have been reallocated from several outdated addresses to a new address with multipoles Segwit. Now it is the largest number of litecoin. The most money in the previous address reset, indicating the same owner.

As they say on AMBCrypto, transfer of legacy addresses were made in multiple transactions 20 thousand LTC. At least four of them had the remains of more than 150 thousand coins. Data about the owner of the wallets are missing. It is also unknown whether address one person or group of persons.

What are the advantages SegWit?

A deprecated address different from SegWit addresses of the transaction speed and security. Operations inside SegWit have lower Commission. The innovation allows for a “group” of transactions, which saves time.

Also worth noting is a new opportunity to change the unique identifier of the transaction in advance of confirmation. This allows users to mask the transaction, even if all prerequisites are met.

Recently appeared information about the upcoming update Litecoin Core 0.17, after which a Commission within the network of Litecoin was to fall ten times.

Today Litecoin is trading at $ 51. The capitalization of the coins exceeds $ 3 billion and a daily turnover of 375 million.

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FineCrypto

History about how the maker of Litecoin, Charlie Lee, found out about Bitcoin

The Creator of the seventh volume of capitalization of the cryptocurrencies in the world of Litecoin Charlie Lee talked to Laura Shin in the broadcast of her popular podcast. They discussed Bitcoin and how he met cryptosphere. For starters, Lee said on the tenth anniversary of the publication of whitpaper Bitcoin and said that was very involved in activities in Cryptoprotected. He didn’t even notice that flew these years.

“I’m really surprised that so many years have passed. I have the feeling that I only yesterday learned about Bitcoin, although I first read about him back in 2011. Yes… just an amazing ten years.”

He further confessed to how really acquainted with Bitcoin. He read about the coin in the article about Silk Road, the most famous online market where in payment accepted bitcoins. This aroused his interest in the new form of digital currency that is resistant to censorship and is a much more sound form of money than the existing.

What will happen to Bitcoin next?

According to Ambcrypto, he also wished for Bitcoin to achieve its ultimate goal — to become the money we use for everyday payments. According to the Creator of Litecoin, cryptocurrency will soon replace Fiat money.

“Ten years have passed. Bitcoin and cryptocurrencies still act as a speculative asset. And we, as you know, so far only tickled the tip of the iceberg and very little progress in that direction to make them real money.”

Remembering the past, Li told how became interested in bitcoin during the Bitcoin price below $ 30. Then he had a strong feeling that the coin is “undervalued” and it had the potential to revolutionize. That was the trigger, why Do closely was fascinated by cryptosphere.

The post History about how the maker of Litecoin, Charlie Lee, found out about Bitcoin appeared first on FineCrypto.

FineCrypto

Three top Aldona according to Charlie Lee, Creator of Litecoin

At the summit of 2018 Litecoin Charlie Lee told us about the three most promising alduino, in his opinion.

First, Charlie does of course put the Litecoin. We will remind that itself is a fork of Litecoin, bitcoin, and the idea of the Creator to be used for daily shopping.

In the second place, the Creator of Litecoin put Monero – one of the most successful private cryptocurrency.

And finally in third place was – Decred that Litecoin is a fork of Bitcoin, but has some innovations and some features that need to solve management problems in the bitcoin network.

Recall that Decred (DCR) and Litecoin (LTC), starting from September 2017, the system works atomically swaps.

Charlie Lee also asked what investments in the cryptocurrency space, should refrain, in which he stated that we should not invest in ICO projects. According to him, “many of them are fraudulent projects, and even more will fail due to poor structure of remuneration”.

If not the only one who fears ICO. Popular YouTube blogger Britvr says that now should be avoided ICO until the market improves.

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Bittrex launches a pair of Fiat to Litecoin (LTC) and Tron (TRX)

One of the largest cryptocurrency exchanges of the USA announced the addition of new trading pairs.

Beginning September 17, the trade against the U.S. dollar will be available for the Throne and Litecoin.

Bittrex first announced the emergence of Fiat trade pairs in USD in the end of may. The possibility of trading with Fiat pairs was introduced in stages, starting with the States of Washington, California, new York and Montana. Now the opportunity to work with Fiat pairs have the residents of the following States:

  • AZ
  • Arkansas
  • CA
  • Colorado
  • Iowa
  • Kentucky
  • Massachusetts
  • Missouri
  • Montana
  • North Dakota
  • New Mexico
  • New York
  • Utah
  • Wisconsin
  • West Virginia
  • Washington
  • Puerto Rico

In order to be able to trade in Fiat need to make a request, which must be approved by the exchange.

The post Bittrex launches a pair of Fiat to Litecoin (LTC) and Tron (TRX) appeared first on FineCrypto.

FineCrypto

SVK CRYPTO PODCAST 220 – 11/09/2018 – WHY AMAZON MIGHT ADOPT LITECOIN?

https://www.podbean.com/media/share/pb-zv85c-998453

What would need to happen for Amazon to start embedding Litecoin as a payment option? Find out in todays episode…

Welcome to the SVK Crypto, 15 Minutes of Crypto Fame, brought to you by your host, Charles Storry. We provide daily cryptocurrency content and analysis on topics such as Bitcoin, Ethereum, Altcoins and ICO’s.

We not only produce our daily content we feature CEO’s of all exciting ICO’s! Stay tuned to find out more!

If you’d like to stay in touch or get more info from me, please SUBSCRIBE to the channel and spread the good word!

Follow us on Twitter: https://twitter.com/SVK_Crypto

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SVK Crypto – Daily News Blog

The new version of Litecoin

The developers of Litecoin announced the release of a new version 0.16.2 Litecoin.

The new version includes “new features, bug fixes, and bugs and improve performance, as well as updated translations”.

Among the features worth noting the lack of back support, i.e. wallets created in version 0.16.2 will not work on earlier versions of Litecoin

Among the operating systems that are supported by Linux kernel, macOS 10.8+, Windows Vista and later versions, Windows XP is not supported. Litecoin 0.16.2 also Dolna to work without problems on most Unix systems, but has been tested not all of them.

The post The new version of Litecoin appeared first on FineCrypto.

FineCrypto

Yahoo Finance integrates the ability to buy and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash

Yahoo Finance has integrated the ability to conduct trading transactions with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Cash and Bitcoin on its platform.

Although data on the price of these and some other cryptocurrencies (e.g. Ethereum Classic (ETC) and the EOS) is already present for some time on the platform, still not had the opportunity to purchase any of them.

Many analysts say that although Yahoo Finance did it without fanfare, it is nevertheless an important step towards the adoption of cryptocurrencies.

Option works only for US residents, as the purchase is through Coinbase or Robinhood.

BTC at the moment continues to trade slightly above the $ 7,000.

ETH is trading around $ 288 and for the last day fell by about 2 percent.

According to CoinMarketCap, LTC is currently trading in the area of 61.48 USD and the price for the last day did not change significantly.

As Bitcoin Cash, the cryptocurrency is trading around 548 dollars, and in recent days the price dropped slightly (by 1.25%).

The post Yahoo Finance integrates the ability to buy and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash appeared first on FineCrypto.

FineCrypto

Instacoin integrated Litecoin, and Bitcoin Cash Dash

Instacoin, a company that specializiruetsya on cryptomath announced the addition of their three new devices of cryptocurrency: Bitcoin, Cash, Litecoin, and Dash. Until that time, through a network of cryptomate Instacoin it was possible to conduct operations only with bitcoins.

Currently the company has over 90 cryptomate throughout Canada.

The company also said that in the near future intends to integrate Ethereum, and zcash for Monero.

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FineCrypto

Google has added Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) to your currency Converter

One of the most convenient tools to quickly determine the exchange rate of a currency is a service from Google.

Until recently, however, from the diversity of cryptocurrency in the service was introduced only Bitcoin. Recently, Google added to its service three cryptocurrencies.

Now, in order to quickly find out the exchange rate for Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH) simply enter the name of the cryptocurrency in the search string.

Litecoin

Bitcoin Cash

Ethereum

By default, the service shows the rate against the local currency, but in the drop down menu you can choose any other Fiat currency.

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