Review on Litecoin by José A Rodríguez
Litecoin Goes Beyond an Alternative Solution to Bitcoin
Bitcoin users have been complaining about speed times in confirming block transactions, which is an impediment to have it as a funded brand to represent the economy of the future.
Due to these facts, the Litecoin Project was released as an alternative solution, and it has already become light to all blockchains systems. Futhermore, Litecoin is going beyond those facts and has already claimed its own purpose. LTC was one the best crypto assets of 2019. In our current year, LTC is performing leadership in the market and it's doing it even better than last year.
For this reason, This is perhaps, one of the most efficient networks in the virtual currency landscape. If we take a look on the current polls, we will se that this blockchain reveals its functionality during the last two years through a symmetrical triangle, which has been compared to the Bitcoin's itself.
Litecoin is still one of the most relevant cryptocurrencies and more than an alternative. I am truly committed to know how it will reach prices and surpass other cryptocurrencies at the end of this year.
Pros
- It has revealed better and faster transaction speeds during this year.
- Many world trade communities have suited it to service specific market segments.
- LTC has lower transaction fees and if often compared to any other of the best cryptos in the market.
Cons
- It has yet regulatory uncertainty. Like any other project, LTC is still in development and improvement.
- It has presented difficult adoption due to its upgrade system.
