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5 Review
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Review on Litecoin by Quang Tran
With technology more powerful than Bitcoin, it is not strange that the LTCโฆ
With technology more powerful than Bitcoin, it is not strange that the LTC community is developing strongly. Forums, groups are sold, traded, traded LTC in a vibrant way. The Litecoin community is growing even more as LTC prices are slowly catching up with big names like Bitcoin or Ethereum.
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Pros
- Provided by the Peer to Peer system, the transaction is free of charge everywhere in the world. The transaction is 4 times faster than Bitcoin because it takes 2.5 minutes to create a block. Operated globally and heavily used, many ATMs can be traded Litecoin. Litecoin is so decentralized that it has absolutely no headquarters, the money is extremely safe, no one has the right to manage or release Litecoin. Easy to use for shopping, transferring money or buying coffee. Not subject to any management should reduce management costs. The Litecoin earned through litecoin mining should be able to withstand inflation. Safe and very confidential.
Cons
- Still not popular so many people still do not know Litecoin, usually only deal in small transactions. Money laundering by criminal organizations, Litecoin's lack of any organization behind it, is also a question of who is using Litecoin money, which causes gangs to launder money that can not stop them. block out. Hard to use if you do not have the knowledge, you need to learn a new time is likely to transaction Litecoin.
