Charlie Lee proposing Litecoin soft fork

Charlie Lee, a creator of Litecoin, stated that he is considering upgrading Litecoin with a soft fork to let miners signal their minimum accepted fee in the block header
07 January 2018   1264

In a recent tweet, Charlie Lee claimed that Litecoin should undergo a soft fork that will let miners signal their minimum accepted fee in the block header, which should let a fee market develop without having developers to decide what the minimum fee is. Also, it will make it easier for users to estimate fees.

At the moment of press, these are main market parameters of Litecoin:

  • Average price: $298,78
  • Marketcap: $16 329 161 287
  • 24h volume: $1 305 250 000

Lite.IM Beta to be Released

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system
09 August 2018   519

Developers of the Zulu Republic blockchain project presented Lite.IM software that allows users to make transactions in the Litecoin network using SMS messages and the Telegram messenger.

Zulu Republic is convinced that Telegram is the safest messenger and provides all the necessary opportunities for testing the concept before launching SMS payments.

Representatives of the project emphasize that a lot of people live in countries with limited access to the Internet, under conditions of strict censorship by political regimes, without access to financial services. In addition, 64% of the world's population owns mobile phones, but only 33% have smartphones. This is the reason why Zulu Republic is convinced of the need to link SMS messages and Litecoin blockchain, not relying on the availability of the Internet.

By opening the world of cryptocurrency to these underserved and vulnerable populations, we aim to provide a degree of financial agency, autonomy, and (perhaps most importantly) security that they’ve been denied up until now.
 

Zulu Republic

Lite.IM will allow users to interact with Litecoin blockchain using text commands through a special API-system. At the moment the community already has the opportunity to use Telegram-bot to check balances and send Litecoin to LTC-addresses or e-mail. The solution is written on JavaScript. More info is available at GitHub.

The creator of "digital silver" Charlie Lee is convinced that the bear market allows us to focus on developing solutions for mass adoption of technology.