Last week, the Litecoin system has processed one of the largest transactions in its history. Someone bought 1.15 million coins LTC totaling $ 61 million. It is noteworthy, that the fee for the group transaction was only 50 cents
Looks like the funds have been reallocated from several outdated addresses to a new address with multipoles Segwit. Now it is the largest number of litecoin. The most money in the previous address reset, indicating the same owner.
As they say on AMBCrypto, transfer of legacy addresses were made in multiple transactions 20 thousand LTC. At least four of them had the remains of more than 150 thousand coins. Data about the owner of the wallets are missing. It is also unknown whether address one person or group of persons.
What are the advantages SegWit?
A deprecated address different from SegWit addresses of the transaction speed and security. Operations inside SegWit have lower Commission. The innovation allows for a “group” of transactions, which saves time.
Also worth noting is a new opportunity to change the unique identifier of the transaction in advance of confirmation. This allows users to mask the transaction, even if all prerequisites are met.
Recently appeared information about the upcoming update Litecoin Core 0.17, after which a Commission within the network of Litecoin was to fall ten times.
Today Litecoin is trading at $ 51. The capitalization of the coins exceeds $ 3 billion and a daily turnover of 375 million.