Review on Litecoin by Douglas Cachazo
Litecoin LTC: robust and stable cryptocurrency
Very reliable cryptocurrency with fast and secure transfer processes, a great competition from bitcoin and due to its resulting low price encoded by investors, it has always been a stable cryptocurrency and has been trending upward. It was created to compete with bitcoin, it had a rapid growth and reached an all-time high to my understanding about valued, its creator abandoned the project and sold it, the cryptocurrency dropped its price abruptly at a time when others did too, but its potential It was such that I overcame the fall and since then a solid currency with a great future has been progressively on the rise and affected. Undoubtedly it is not only attractive to investors, it is also considered attractive to miners since Litecoin mining does not need large hardware resources for tools. It can be mined at home with a mid-range PC, which makes your mining process cheap.
Pros
- The strength of the cryptocurrency Used worldwide
- Attractive to investors
- Low transaction cost
- It does not require large resources for mining.
Cons
- Currently it does not have economic support to enhance its development
