Review on Litecoin by Kar Tel
The Magical Litecoin
Litecoin was launched in 2011 as folk of Bitcoin .
It is an open source, global payment network that is completely decentralized, meaning there are no central authoraties.
Litecoin features faster transaction time. It coin limit is 84 million. It operated on an alogarithm of being scrpt.
It is one of the fastest growing crypto currency in the modern world
Pros
- It has a different proof of work alogarithm.
- It transaction is a fast type.
- It is a profitable software program.
- It can allow you to mine other crypto currencies.
- Low cost.
Cons
- It is prone to hackers.
- Risk of service attacks.
- The rewards are shared.
