27 Apr '17, 6am

Segwit Locks In on Litecoin, Will Activate

Segwit Locks In on Litecoin, Will Activate

Litecoin has surpassed the required number of signaling blocks needed to activate Segregated Witness (Segwit) on Wednesday. Segwit is therefore locked in on Litecoin. “After Segwit is locked-in, it will activate,” wrote Segwit’s development team. Also read: Litecoin Reaches Round Table Resolution for Protocol Upgrade Segwit Locked In Early on Wednesday, Litecoin creator Charlie Lee tweeted : “Segwit on Litecoin will be locked in in ~19 hours, but we already reached the required number (6048) of signaling blocks.” His tweet shortly followed the official Litecoin channel’s tweet. The activation threshold for Segwit on Litecoin was set to 75 percent by its development team. Specifically, “6048 out of 8064 (75%) blocks are required to reach ‘locked_in’ status,” the Litecoin tracking site Litecoinblockhalf explains . The site shows that currently 6328 out of 7911 or 79.99% of b...

Full article: https://news.bitcoin.com/segwit-locks-in-litecoin-will-ac...

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