THELOGICALINDIAN - On August 22 the architect of the Yours arrangement Ryan X Charles appear his blockchain based media belvedere is switching over from litecoin to bitcoin banknote The aggregation aloof afresh switched from the bequest bitcoin alternation to litecoin because of the protocols disability to action microtransactions
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The Yours Network Switches from Litecoin to Bitcoin Cash for Cheaper Micropayments
This anniversary Ryan X Charles afraid the cryptocurrency association with a new announcement. The architect of the Yours arrangement explained his development aggregation absitively the added day they would be activity “full on-chain” with the bitcoin banknote protocol. Castigation is a amusing media appliance that gives micro-payment incentives for agreeable such as accessories with pictures, stories, audio, and video.
When Charles appear the bendable barrage of Yours two months ago, he said he had adversity with micro-transactions because of bitcoin’s fees. After the bendable launch, the development aggregation absitively to utilize litecoin with the belvedere to abate arrangement fees and created a bigger acquaintance for users. Charles afflicted his apperception afresh and says he’s aflame to about-face to bitcoin banknote because it will acquiesce all the “product abstracts we’ve been absent of.”
“We’re activity to be the better aggregation on bitcoin banknote in three weeks,” explains Charles.
‘Reducing Code Complexity by Going On-Chain’
Following the announcement, news.Bitcoin.com accomplished out to Charles and asked him why they switched from litecoin to bitcoin cash. “Litecoin has fees of about bristles cents and no plan to calibration on-chain,” Charles explains. “Litecoin will eventually face the aforementioned botheration as bitcoin.
We again asked the Yours developer if the platform’s users will see a bitcoin banknote accomplishing in three weeks. “You will see it a lot eventually than three weeks,” Charles details. In accession to befitting the belvedere on-chain, the developer explains that the Yours agreement can abate its cipher admeasurement by at atomic 10x. “We were able to annal our micro-payments arrangement – we don’t currently charge it on BCC. We can advertisement our affairs on-chain with low fees, alike aloof one cent,” Charles tells news.Bitcoin.com.
The Yours Creator Wishes Bitcoin the Best of Luck
As for bitcoin and the protocol’s accessible Segwit accomplishing the Yours developer says he hopes it all works out.
“We ambition them the best of luck. Unfortunately, bitcoin fees are too big-ticket for us, alike with acquittal channels, because the amount of onboarding and offboarding users is too high,” Charles adds.
What do you anticipate about the Yours arrangement implementing bitcoin banknote instead of litecoin? Let us apperceive in the comments below.
Images via Shutterstock and Yours.
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