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Commission cryptocurrency in practice: How much is translation 99 million dollars in Litecoin

On Thursday, the Cryptocurrency community has focused all their attention on a single Transaction. Such a comprehensive interest was caused solely by the size of the transaction — the transfer of Litecoin in the amount of 99 million US dollars.

The operation was done between the two of cryptocurrency wallets and could not fail to attract the attention of Reddit users. The identity of the parties involved in the transaction are unknown.

Branch deliberations this transaction became the third on popularity in Reddit on Friday. Site users were impressed with the data transaction for the operation took 2.5 minutes, while the fee for miners made up a ridiculous 40 cents.

“By the saints! Translation litecoin in the amount of $ 99 million took only 40 cents and 2.5 minutes.”, – I wrote to the editor of the b30, the author of this topic.

Users also noted that the holding of such transactions in traditional financial systems require days, and the participation and signatures of several of the parties, not to mention the high fees.

Litecoin supporters now have something to show anyone who doubts the benefits of crypto-currencies: transaction 99 million proved that digital money is a cheaper, faster and more reliable alternative to existing payment systems, especially when it comes to international transactions.

Litecoin is the sixth largest cryptocurrency. Its market capitalization is $ 8.4 billion. USA. The cryptocurrency was created in 2011 as a quicker and cheaper alternative to Bitcoin.

The post Commission cryptocurrency in practice: How much is translation 99 million dollars in Litecoin appeared first on FineCrypto.



This post first appeared on Cryptocurrency News, please read the originial post: here

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