Finally the long discussions of the possibility of Segregated Witness coming to Litecoin has been put to rest. Segwit has been fully activated with full support of the community including users, Litecoin devs, exchanges, and miners. This event is due to expand the features of Litecoin by enabling amazing solutions such as the Lighting Network while also expanding the amount of transactions on the network.
As a result of Segwit, Litecoin is now ready to provide the ecosystem with micopayments transactions that cost only cents in a matter of seconds. This upgrade to the codebase is set to cause an explosion of new developments to be release on the Litecoin network in the very near future.
0.00000001 LTC settled in under a second. Details on first Lightning micropayment on production blockchain. See https://t.co/BdPQRTn5b5
— Blockstream (@Blockstream) May 11, 2017