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Review on Litecoin by zet david
Litecoin also has a very shorter response time. This brings pros and vs but…
Litecoin also has a very shorter response time. This brings pros and vs but essentially it doesn’t add anything of such difference to what Bitcoin offers. Litecoin is a blockchain-based cryptocurrency that works in a similar way to Ethereum and bitcoin. It’s a peer-to-peer internet currency that allows for instant, near-zero cost payments to anyone in the world.
Pros
- Litecoin was first created in 2011 by an ex-Google employee called Charlie Lee. Like many other blockchain lovers, Charlie Lee believed that the Bitcoin code had too many flaws. The block generation times are faster than with the BTC and the fast transactions saw it become the solver of the Bitcoin problems, in a way of speaking. It is cryptocurrency, possibly with the largest list of companies that accept it as payment for products and services.
Cons
- LTC was not affected as much as other coins. The speed and lightening transfer feature is nothing compared to Bitcoin abd the script of proof of work isn't anywhere what Lower version Bitcoin has to offer.
