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> Last year, litecoin was stilll "the first altcoin historically, which is just a duplicate of bitcoin and is mostly unmaintained". This year, it suddenly becam
by runeks 10y ago
> Last year, litecoin was stilll "the first altcoin historically, which is just a duplicate of bitcoin and is mostly unmaintained". This year, it suddenly became bitcoin's staging area.
Bitcoin already has a staging area, called testnet3. The coins in this network are worthless.
- oelmekki 10y agoThe difference between both is that you can actually use litecoin, so we have an idea how features perform in real conditions. Call that a beta area rather than a staging area if you prefer, but I guess you see the difference between litecoin and testnet.
- runeks 10y agoYou're right. The fact that litecoins have monetary value means that real merchants and consumers have an interest in participating (beta testers), as opposed to testnet3 where no actual value can be transferred.