Institutional money that has been sidelined since the beginning suddenly can use Litecoin’s reliability, speed, and low fees 24/7 for transactions. cLTC might not be for the common person to use, but institutions will gravitate toward the most trusted and reliable options. Litecoin is the chosen one.
Litecoin Foundation is hosting a surprise spaces with the tag “👀 Probably be something.”
We know the 15 year anniversary is coming up- that may be a spaces you don’t want to miss.
How about this:
Alice has 10 ltc in OutputA.
Bob has 10 ltc in OutputB.
Alice sends 1 lit to Bob.
Bob sends 1 lit to Alice.
Alice now has 2 Outputs 1. OutputA1 (the change) and 2. Bobs1lit.
Bob now has 2 Outputs 1. OutputB1 (the change) and 2. Alices1lit.
Now if they both consolidate you have an anonymity set of 2.
Its like mixing, but without actually mixing, your just mixing in 1 lit.
Because amounts and adresses are hidden, even before cutthrough.
And its almost trustless, because loosing 1 lit isnt a problem.
Only problem would be coordination. Its also similar to Payjoin for Bitcoin.
Gold and silver were obviously undervalued to anyone that understands finite supply assets in an infinite print fiat system. But it still took a decade for them to begin moving. Litecoin is almost ready to emerge. Two weeks.
hey there what are you guys thinking
those who are deeply into ltc