Review on Litecoin by Luka Stanojevic
Abot Litecoin
Litecoin utilizes the Scrypt calculation rather SHA-256 for mining. This implies that a Bitcoin excavator can not simply begin mining Litecoin without a moment's notice (not normal for Bitcoin Cash). This makes Litecoin safer against 51% assaults than it's other hardfork cousins. It's additionally simpler for individuals to mine Litecoin in the event that they don't possess a supercomputer.
It is a digital currency that isn't associated with any middle and is exchanged on an open code blockchain framework.
I can say that it is totally open source and has a high level encryption convention. Subsequently, it can deal with high volume exchanges.
Litecoin, which is the primary sub-coin, as of now has a market worth of more than $ 1 billion. You can move at low expenses.
Pros
- Lower fees than Bitcoin
- fast transactions
- It is faster than Bitcoin and more scalable
Cons
- low value
