‘@litecoin community, we bear some exciting news! Our #Litecoin #LightningNetwork is ready to be deployed and will soon believe on CoinGate! Keep up with the news as we’re getting closer! Here’s a sneak peek @LTCFoundation @SatoshiLite @starkness!”CoinGate wrote
A Second-layer Payment Solutions Going through Bitcoin and LitecoinCommenting on the development of the lightning network, Litecoin founder, Charlie Lee shared his enthusiasm about the project. He replied the crypto exchange’s tweet by cheering them on and highlighting what the development could mean for Litecoin.
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“Even Litecoin will soon have more than 1000 merchants accepting LN payments! Thanks @CoinGatecom!”He replied.Going by his recent interview with CNBC, Charlie Lee appears to be confident that the integration of the lightning network will proffer the much needed solutions to some of the issues faced in the crypto space. He explained that the lightning Network could be seen as a “second-layer payment solutions” for Bitcoin and Litecoin transactions. Highlighting the integration of Segregated Witness on the Litecoin network, he explained that the network was growing stronger.