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Review on Litecoin by Denim Jeany

Revainrating 4 out of 5

In 2011, when Lee spawned his creation, the open-source Bitcoin code fork was…

In 2011, when Lee spawned his creation, the open-source Bitcoin code fork was looking to off another alternative to “greedy people” and pre-mined coins. The fair launch saw Lee only mining the genesis and the first two blocks to ensure that “everything worked.” That fork birthed an advanced project or coin name Litecoin which has since defiled odds to operate x4 in lightening speed as opposed to what bitcoin has to offer.



Pros
  • I hold some LTC and they are my primary form of sending out payments to workers and I can attest to that fact that the technology is super fast and what more? Transaction fees are at a very low cost which makes litecoin more useful to me compared to other Currencies.
Cons
  • Charlie Lee broke ny heart when he sold his lot earlier this year. I had to offset some on Binance and it didn't really go down well with me

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