Litecoin (LTC) Transaction Fees To Be Drastically Slashed, Dev Calls For Adoption4.67

Since fees temporarily eclipsed $50 per Bitcoin transaction at the peak of 2017’s unprecedented bull run, which saw BTC rise from $1,000 to $20,000 in a 12-month time span, the topic of scaling solutions and reducing transaction (tx) fees have been on the minds of developers, investors, and industry leaders alike.

But even amid the period that BTC tx fees amounted to an arm and a leg, so to speak, Litecoin, an early Bitcoin spawn, quickly proved itself to be a great alternative to the ‘big daddy’ of the cryptocurrency world. And as such, since then, Litecoin has quickly gained traction as in the online payment world Bitcoin’s little brother, if you will.

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