CEO of Abra Global, Bill Barhydt, took to Twitter to congratulate Litecoin on its impressive milestone, noting that it is the only cryptocurrency to achieve this feat. Barhydt also mentioned that Bitcoin is expected to join the list of cryptocurrencies with uninterrupted uptime in 2023. This claim is supported by a tweet from crypto insight provider Jameson Lopp, which shows the uptime of the Bitcoin network since its inception in 2009.
While Bitcoin has experienced some downtime in the past, with instances recorded in 2010 and 2013, it has maintained an uptime of around 99.9% since its launch. Ethereum, on the other hand, has achieved 100% uptime but has faced several attacks and issues, most notably in 2016.
Improving the LTC Ecosystem
Despite the impressive uptime achievement, some in the crypto community have called for improvements to the Litecoin ecosystem. A Twitter user suggested that Charlie Lee, the creator of Litecoin, work on larger projects for tokens and NFTs on the LTC platform.
It's worth noting that uptime for a blockchain network refers to the time it operates without downtime. While a 100% uptime score indicates that a network has experienced no downtime, it does not mean that individual nodes within the network have not experienced any downtime.
Litecoin's achievement of uninterrupted uptime for over a decade is a testament to the strength and reliability of the cryptocurrency. As the industry continues to grow and evolve, it will be interesting to see which other cryptocurrencies can join the ranks of those with extended uptimes.