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Lagos
1 Level
120 Review
16 Karma

Review on Litecoin by Natasha Williams

Revainrating 4 out of 5

Litecoin has some unique features compared to other cryptocurrencies

Litecoin is a digital currency that can be used to boost the worth of anyone anywhere on the planet. An open source project is a semi-circular with no real world problems. Litecoin, rather than math-related cash, has the most straightforward approach to verify exchanges and make additional deductions. Because it uses a Proof of Work architecture to defend its network, the project has never had a security breach. It is quite secure, and I don't believe a breach is possible. It is highly dispersed, making it impervious to a 51 percent attack. Following a recommendation from a friend, Litecoin has become my primary currency for completing transactions, particularly from exchanges with hefty fees.

Pros
  • It is listed on many exchange
  • Fast transaction speed compared to Bitcoin
  • It has a good market value
Cons
  • It's not as popular as Bitcoin and Ethereum

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