Litecoin (LTC) Litening Series II on September 15, 2020 at 10 AM PT Mimblewimble testnet September 30, 2020

Fibo Quantum

Litecoin Litening Series II on September 15, 2020 at 10 AM PT.  The event is presented in partnership between The Litecoin Foundation and HUB.

David Schwartz tweeted:  “Join us this upcoming Tuesday for our 2nd Litening Series! A fun exclusive announcement, plus @CelsiusNetwork, @RevolutApp, & @stormxio as well. Join by clicking the link and watch live as @SatoshiLite & the team provide you your monthly #Litecoin fix.”

The Agenda consists of a Welcome Address by the Litecoin Foundation; Exclusive Announcement by Charlie Lee, Creator of Litecoin and Managing Director of Litecoin; Litening Round 1: Ed Cooper, Head of Cypto for Revolut – Litecoin activation in the US; Litening Round 2: Alex Mashinsky, CEO of Celsius.Network – Celsius & LTC as collateral; Litening Round 3: Simon Yu, CEO StormX – How to earn rewards on StormX & the StormX platform; and an AMA Q&A for 15 mins.”

Sydney Ifergan, the crypto expert tweeted: “Litecoin (LTC) are doing it all to provide the best of the best confirmation times with each attempt.  Their Virtual Events is a Hub of proof for their professional achievements.”

The progress in the nodes are continuing.  In the August progress update, David Burkett stated, modes are able to sync and verify the initial state (similar to the Initial Block Download). Improved UTXO management logic. Get ready for the first Mimblewimble testnet on LTC, launching September 30th! More details soon.

So, are we expecting a testnet on LTC, launching September 30, 2020?

Litecoin (LTC) ATM Map

Litecoin Foundation recently expressed that Litecoin is the 2nd most supported coin in crypto ATMs. When one of the users wondered if there were such ATMs and asked them to show where it is, something called the Litecoin ATM Map was published with details of the locations.

With the Litecoin ATM the use case for LTC is pretty phenomenal and the network is also strong.

The Litecoin is so strong in ATM support and the actual potential usage; however, it is yet to show its potential translate to the LTC price.  This makes one feel that it is either unimportant to the market, or the market is in denial or LTC is incorrectly priced cheaply. A mispriced market will eventually adjust and correct accordingly.

Some of them are waiting to see Charlie to come up with some staking project so that they will be able to earn some interest on the stakes they are holding.