Review on Litecoin by José Corro
The good service provided by Litecoin
Litecoin is a cryptocurrency inspired and practically identical in its technical aspect 2 to Bitcoin (BTC).
Its creation and transfer is based on a cryptographic protocol not administered by any central authority based on the consensus of a network
Litecoin's development closely follows the implementation of new features and patches of the Bitcoin (BTC) network, adapting them to their own network very frequently, taking advantage of innovation and maintaining the maximum possible code compatibility between these two projects. .
Pros
- Processes a block every 2.5 minutes on average instead of every 10 minutes, allowing a shorter wait for transaction confirmation
Cons
- None
