Yesterday we witnessed something truly remarkable. A transaction worth $99 million in Litecoin was done for only $0.40 in fee cost, and it was confirmed in only 150 seconds. This is a great example of how strong Litecoin really are. The funny part? As soon as LightningNetwork is completly tested on main-net, 150 seconds will be milliseconds instead.
We can’t really find more specific information about where the transaction was conducted, however, we do know that someone took “pay with Litecoin” to the next level.
This is also a big statement from world of cryptocurrency, being able to transfer $99 million across the globe in 150 seconds via a decentralized manner with the only cost being $0.40, is amazing.