Review on Litecoin by Afif Setiawan
Litecoin Is One Of The Solution For Trading
Litecoin Review
Litecoin usually is callled LTC. As you know Litecoin is a virtual currency that cheap payments. It can be used globally by anyone. Charlie Lee is created Litecoin. He was engineer at Google and Coinbase.
You know that, Litecoin is a cloning from Bitcoin. This is Interesting to analyses it. These problems incloude high transaction cost, slow transaction times, and concentrated mining aggregates.
Litecoin is one of the solution for trading. Why ? Because these fees are cheap. Everybody has trading using litecoin.
There are Bad Accident In Litecoin. It called "dusting attack" On August 10. This attact is in the from of sending coins / tokens with a very small. It is called dust. The dusr will later continue to follow the transactions in wallet. And Mixing with the core coins in the wallet.
Pros
- Open Source Project
- Having Good Developer
- There are many Fans
- There Is LitePay Service
Cons
- Security Is Not Good Enough
- Centralization
