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Review on Litecoin by Gino Boy
Litecoin came into existence during 2011 and was one of the earliest ones intoโฆ
Litecoin came into existence during 2011 and was one of the earliest ones into the business. The send receive feature of this decentralized online currency is fastest compared to most cryptocurrencies. This is the reason why people like to use it. Apart from this, there are also certain other features that can be cut out to show that it is one of the most profitable cryptocurrencies of the year.
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Pros
- Technical improvements like the lightning network and SegWit can be readily implemented by it. Therefore, it can be a better option than Bitcoin in this respect.
Cons
- In case, if Bitcoin improves upon its transaction speed and scalability options, Litecoin can easily lose out to it. In any case, more investors always prefer Bitcoin and the term is more or less synonymous with the cryptocurrency trade.
