Daily Litecoin News Update
The same week as Bitcoin’s new upgrade is rolled out, Litecoin developers release the Litecoin update in a bid to stay ahead of the curve. The just-released “Litecoin Core version 0.15.1” embraces lower relay fees.
Just to be clear, relay fees are different than transaction fees. Transaction fees will be lowered in the next major update, the “Litecoin Core version 0.16.0,” which is currently in the works.
So what’s the difference? What does the current upgrade offer?
In layman’s terms, a relay fee is the minimum fee you’re willing to pay for a transaction, while the transaction fee is the amount you actually pay. Confused? Let’s break.
The post Litecoin Price Prediction: Litecoin Update Out, Relay Fees Lowered to Compete with BTC appeared first on Profit Confidential.
Written by Palwasha Saaim B.Sc @ https://www.profitconfidential.com/cryptocurrency/litecoin/ltc-price-prediction-litecoin-update-relay-fees-bitcoin/ March 3, 2018 Palwasha Saaim B.Sc