Travala and Litecoin Partnership Showing Great Promise |
The quest for mass adoption is definitely a long adventure. Most people would easily point out that bitcoin has done the most in regards to popularizing cryptocurrencies. While there’s some truth to that statement, at the moment, no one is doing more than Litecoin in favor of mass adoption. The latest endeavor by Charlie Lee has recently been revealed to be a partnership with Travala.
Travala is a blockchain-based booking platform. It’s basically another blockchain company, but its ideas will definitely serve as a model for future agreements. Expedia can also rethink their decision on not accepting bitcoin if Travala can make the Litecoin payments work.
Travala is also by no means going to force travelers to make compromises in luxury and/or class. Clients who choose to pay via cryptocurrencies will have full access to over 600 000 properties spread over 103 countries.
Travala and Litecoin are showing how things must be done
There is a lot of talk about the “new version” of the Litecoin foundation. Despite the coin being the 5th-largest, it has more than doubled its value from last year. Keep in mind that the majority of cryptocurrencies lost more than 85% of their value during the bear market.
Charlie Lee’s vision about Litecoin is quite simple: A faster and cheaper cryptocurrency than bitcoin. With ever new software upgrade he seems to be getting closer. With the release of Litecoin Core 0.17.1 default transaction fees were lowered. The result was a 0.0001 LTC/kB minimum transaction fee.
You can also check out: