Litecoin, a digital currency launched in 2011 that is often called the “Silver to Bitcoin’s Gold” within the cryptocurrency sphere, has remained largely ignored by investors during last month’s altcoin craze, which pushed the value of the entire alternative cryptocurrency market . Digital currency LiteCoin has updated its service with the Segregated Witness ( SegWit ) update , attracting interest from investors . The activation of the update will enable instant payments through Lightning Networks , allowing the blockchain network to service hundreds of millions of potential users . The news raised the digital currency ’s price to $ 9.49 on 3 April , its highest price since 12 July 2014 . The take - up of SegWit has been hampered by disagreements among large mining pools in the bitcoin market .
Digital currency LiteCoin has updated its service with the Segregated Witness ( SegWit ) update , attracting interest from investors . The activation of the update will enable instant payments through Lightning Networks , allowing the blockchain network to service hundreds of millions of potential users . The news raised the digital currency ’s price to $ 9.49 on 3 April , its highest price since 12 July 2014 . The take - up of SegWit has been hampered by disagreements among large mining pools in the bitcoin market .