Litecoin transaction fees are set to be lowered by ten times in the next Core release.
The team behind the seventh biggest coin by market cap revealed the news via a Medium post earlier today.
Litecoin Transaction Fees Set to Lower
Currently, the average Litecoin transaction fee equates to about $0.05 per KB. But the network’s upcoming release of Litecoin Core 0.17 is going to lower this by a factor of 10. With the new changes, the new fee should equate to $0.005, or half a cent.
At that price, Litecoin transaction …
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