![Litecoin [LTC] Foundation to Organize First Annual Conference, Lighting Network, Smart Contracts, and LTC Payments to be Discussed](https://blockchainreporter.net/wp-content/uploads/2018/08/litecoin.jpg "Litecoin [LTC] Foundation to Organize First Annual Conference, Lighting Network, Smart Contracts, and LTC Payments to be Discussed 1")
The first annual Litecoin Summit will be held at San Francisco Conference Center on September 14 and 15, 2018, to discuss, augment, and explore newer use cases and adoption avenues of the world’s seventh largest cryptocurrency (by market cap) and general blockchain topics.
Litecoin’s Educational Push
As per a press release on August 23, 2018, the event brings together cryptocurrency and blockchain enthusiasts, in particular, the Litecoin community to explore “current and further happenings.”
A fork of Bitcoin, Litecoin has created divided groups in the broader cryptocurrency community. While some favor the currency’s faster transaction times and quicker adoption of the Segregated Witness (SegWit) and the Lightning Network protocols, naysayers question the very existence of LTC itself.
However, founder Charlie Lee maintains an underrated approach towards his work for the Litecoin Foundation, which has in essence, captured several use-case partners across a variety of spectrums, such as retails, travel operators, and banks.
Lee explained the significance of the conference:
“There has been a lot going on in the blockchain & cryptocurrency ecosystem in the past year and there is no better group of people to explore current and future happenings.”
As noted on the release, the lineup includes and is not limited to:
Charlie Lee, Creator of Litecoin
Elizabeth Stark, CEO, Lightning Labs
Bill Barhydt, CEO, Abra
Eric Winer, VP Engineering, Gemini
Naomi Brockwell, Blockchain personality and producer
Adam Draper, Founder, Boost VC
Derek Capo, CEO, TokenPay
As noted, the group of speakers intend to focus on both technical and fundamental topics governing litecoin. These include scaling solutions via the Lightning Network, exploring Sidechains, smart contracts, and RootStock, discussing the importance of a non-custodial wallet, and finally, details on relevant and responsible taxation for trading and investing in cryptocurrencies.
The press release highlights the recently launched #PayWithLitecoin being an integral part of the conference. The campaign helps educate businesses and customers on the benefits of accepting crypto-payments, with a virtual store popup at the San Francisco venue giving a live demo of their campaign to event attendees.
