19 May '17, 3am

Yours Network Moves to Litecoin, Plans Full Launch on May 30

He continued to point out what the cost of dealing with Bitcoin’s transaction fees and delays would specifically do to his system. This has made the whole platform unworkable, despite all the hard work he has put into developing the micropayments solution for Bitcoin. Just for users to add funds to their Yours account, which still creates an on-chain transaction, is already too expensive. “Given average transaction sizes on our system, this costs about $3,” he claimed. “This means a consumer can’t just put $1 onto the system, because that would not even cover the cost of the bitcoin transaction fees.”

Full article: https://news.bitcoin.com/yours-network-litecoin-full-launch/

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