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Review on Litecoin by Mirza Ahmed
As a well-established coin backed by a strong development team, Litecoin has…
As a well-established coin backed by a strong development team, Litecoin has attracted the attention of many traders seeking further growth. However, this digital currency will also face a few key challenges moving forward.Overall, this is a very nice project.
Pros
- The Litecoin founder has built a notable presence on social media and also made appearances on mainstream media platforms like CNBC. While many cryptocurrencies are shrouded in secrecy and mystery, Lee’s media profile is a token of the legitimacy of Litecoin.
Cons
- There are many other peer-to-peer cryptocurrencies battling with Litecoin for market share. Bitcoin, in particular, is the most dominant player in the global cryptocurrency markets, but other peer-to-peer cryptocurrencies like Zcash (ZEC), Dash (DASH) and Ripple (XRP) could also pose a threat.
