HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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January 20, 2018, 03:03:07 AM

Hmmm

Just found something that says they are going to put Tether on lighting.

A US dollar denominated crypto on Lightning.   That’s extremely powerful.  Arguably that destroys Ripple and Litecoin.

I still trust Litecoin more. At least it's coin creation is based on proof of work and not blind trust like Ripple and Tether. Plus, Litecoin definitely will be implementing lightning and be engaging in atomic swaps. I enjoy the concept of atomic swaps because you can trade coins P2P without relying on a middleman exchange.

You could use Tether as a pricing mechanism and still pay / receive payment in litecoin.  Which does away with the volatility problem.