Review on Litecoin by Wisdom BOATENG
A serious alternative to bitcoin
Litecoin is a digital currency with an innovative process. The latter offers quick and less expensive transactions. Stemming from a bitcoin fork, this fully decentralized network offers an alternative payment system in pair to pair mode.
Otherwise, litecoin is similar to bitcoin but it has allowed itself to improve the code and correct the flaws of the bitcoin blockchain. It has thus changed the way operations are verified in the blockchain using GPUs instead of ASICS, thereby reducing the consumption of electricity and simplifying the mining process.
Pros
- Good market capitalization ranked 7th cryptocurrency in the world, it has a very high daily trade volume
- Mature project
Cons
- No problem
