Where does Litecoin stand on the Core vs. Knots debate?

Development
1

The biggest issue facing Bitcoin currently is the direction of development. This is increasingly taking Bitcoin from being purely money (as Satoshi intended) and instead making it into a playground / permanent file storage solution. In my opinion this direction is a disaster for Bitcoin. We have seen this in the terrible performance of the Bitcoin price in 2025 compared to gold.

Where does Litecoin stand on this? Will they also implement the OP_RETURN limit changes that Bitcoin Core introduced? I really really hope not. Not going down Bitcoin Core’s lunatic direction could be Litecoin’s chance to shine.

2

We have seen this in the terrible performance of the Bitcoin price in 2025 compared to gold.

Citation needed.

Gold = safe haven asset, Bitcoin = risk asset. World politics were turbulent in 2025. Where would you invest?

And what’s the result if you compare gold’s to Bitcoin’s price evolution since late 2022 when the Ordinals spam wave started? (Yes, I call it spam.) Hint: Bitcoin performed better :wink:

At least I hope immature proposals which seems to have been coded by a 9-year old such as the so called “Bip-110” don’t proliferate here too.

3

I agree with the original poster. Litecoin’s claim to fame is that it is the most reliable, most easy-to-use form of digital cash. Any development which takes it towards some vague and risky kind of decentralized database would be a big blow to its claim to fame. Hence, Litecoiners should be firmly on the Knots side of the debate.

As Nick Szabo said, all you need in a data field is enough for a hash plus some metadata. That can then link to terabytes on a Layer Two network if needed.

4

I wouldn’t base an argument on this. Yes, if you open the World’s dominant cryptocurrency up to ways which VC funds and dodgy entrepreneurs can get their spam involved, it will pump the price. That’s very short-sighted.

5

The crypto scene is much too small to have a great impact. Compare the amount moved with the amounts moved by the NY stock exchange.

6

@Nickz

Maybe I don’t get what you’re saying, but it was the relatively small size 2021-4 which allowed the pump. Litecoin is still in that dangerously small market cap, allowing big price pumps, and, in turn, ‘pumping’ the arguments of people who use market price to make software-design decisions.

7

Just look at the daily trade volumes the NY stock exchange has: NYSE Equity Daily Volumes vs the network activity of Ctypto.
Coins with the Most Daily Active Addresses — TradingView

One stock exchange data vs the activity of all popular coins.
Litecoin has 4 billion Marketcap which is low due to its low price at the moment.
Infrastrurewise Litecoin is one of the best.