Longer indepth post here: https://steemit.com/cryptocurrency/@docomputing/crypto-news-tuesday-29th-august
In this article I cover why Bitcash is doomed for failure and why Monero has a future.
Litecoin has some incredible features coming out soon. Litecoin founder Charlie Lee sounds like his baby has grown up and has it's own path. The Lightning network teams are changing Litecoin's course. Charlie says that his ambitions for the coin are irrelevant as the coin has a life of it's own. The fact that Charlie is launching a marketing strategy to rebrand the 0.1 Litecoin and 0.01 Litecoin decimal values into something more comparable to FIAT is exciting. Decimal values of Litecoin would become ; Litecoin T and Litecoin M because consumers will find it difficult dealing with decimals, and when Litecoin reaches "a thousand dollars", an understanding of Litecoin's values would allow a longer term recognition and acceptance from consumers. Litecoin would be perceived and recognised as an understood functional currency if it compares to what people already understand, rather than the current cryptocurrency decimal norm. Marketing seems as much of a big deal as the coding developments to wholesale adoption.
