Cryptocurrency platform Abra CEO Bill Barhydtwhich has been on whales’ radar last year Litecoin (LTC) made important statements about
Sharing on Twitter, the CEO of Abra said that Litecoin is a peer-to-peer payment system with a 10-year uninterrupted uptime, and with LTC Bitcoin (BTC) compared.
“Litecoin is the only decentralized p2p payment system with a 10-year uptime.
Bitcoin will reach the point where Litecoin reached in 2023.
I use Litecoin for peer-to-peer transactions whenever possible, and I use Bitcoin to hold money. “
Bill Barhydt, who thinks that Litecoin is important for several reasons, said that one of them is Litecoin’s new systems and technologies. bitcoinHe said it was faster to test than .
Litecoin is the only decentralized p2p payment system with 10 years of uninterrupted uptime. (#Bitcoin will get there in 2023.) https://t.co/35ascaN0AE
— Bill Barhydt (@billbarhydt) January 2, 2023
Litecoin Looking at the data announced on the issue, it was stated that in 2022, more than 39 million transactions were carried out on the Litecoin network and 52 million new addresses were added.
Apart from the CEO of Abra, crypto analyst Michael Van de Poppe also drew attention to the halving in Litecoin, which is planned to take place in August.
“As the halving in LTC approaches, we expect there to be a lot of rumors about it. The Litecoin strategy was successful, but we couldn’t get into it.
Repeating resistance in LTC. If the $72 resistance is broken, it will likely go to $80 quickly.”
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