Flare Networks Pivots to Litecoin (LTC) as SEC Alleges XRP Is Unregistered Security

in hive-116221 •  4 years ago 

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Flare Networks has announced that it will soon be integrating Litecoin (LTC), the fifth-largest cryptocurrency, ahead of its launch in the second quarter of 2021.

This will add smart contract functionality to the blockchain, thus significantly enhancing its capabilities.

Five billion tokens for Litecoin holders

Ripple-backed Flare Networks is set to hand out 45.8 billion tokens after the snapshot of XRP addresses that occurred back in December. Every eligible holder will get 1.0073 FLR per token.


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