This is not just great news for LTC, but for the entire crypto-sphere! LTC was designed for real world application and LitePay and LitePal seem like two very prominent steps in the direction of mass adoption of blockchain based value transfers. Very excited to see what this year has in store for LTC hodlers...!
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Of course it is for all crypto.
When things are advancing in the good way and in this moment to merge the both old and new worlds we can only be glad.