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Leskovac
1 Level
24 Review
12 Karma

Review on Litecoin by Luka Stanojevic

Revainrating 5 out of 5

Abot Litecoin

Litecoin utilizes the Scrypt calculation rather SHA-256 for mining. This implies that a Bitcoin excavator can not simply begin mining Litecoin without a moment's notice (not normal for Bitcoin Cash). This makes Litecoin safer against 51% assaults than it's other hardfork cousins. It's additionally simpler for individuals to mine Litecoin in the event that they don't possess a supercomputer.
It is a digital currency that isn't associated with any middle and is exchanged on an open code blockchain framework.
I can say that it is totally open source and has a high level encryption convention. Subsequently, it can deal with high volume exchanges.
Litecoin, which is the primary sub-coin, as of now has a market worth of more than $ 1 billion. You can move at low expenses.



Pros
  • Lower fees than Bitcoin
  • fast transactions
  • It is faster than Bitcoin and more scalable
Cons
  • low value

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