Charlie Lee is proposing a soft fork for Litecoin

In a recent post on twitter, Charlie Lee (creator of Litecoin) said that he is considering upgrading Litecoin with a soft fork.

The fork will presumably permit miners to signal their minimum accepted fee in the block header.

If the fork will happen, Litecoin will most probably become more popular to miners.

At the time of writting, Litecoin price is 302.98$ with a price increase of 20%.

Charlie Lee original tweet:

I’m proposing an upgrade to Litecoin with a soft fork that will let miners signal their min accepted fee in the block header. This will let a fee market develop without having us decide what the min fee is. Will also make it easier for users to estimate fees. More details later.

We will come with updates!