1 Level
6 Review
10 Karma
Review on Litecoin by ashish todkar
Overall litecoin is the best cryptocurrency for making transaction instantly…
Overall litecoin is the best cryptocurrency for making transaction instantly with lower fees as compared to bitcoin and by lightning network, people do the transaction without any third party agencies. Litecoin is universally accepted as a payment method. many big companies accept litecoin. but some cons which must be improved by litecoin's team.
Updated 5 years ago
Rating changed from 4 to 5
Litecoin is the best asset in 2019 because of halving news litecoin price surges more than 500%+ also so many updates and many technical difficulties are solving
Pros
- Litecoin is decentralized peer to peer cryptocurrency which used for instant payment with low transaction fees as compared to other cryptocurrencies.Litecoin acquires high marketcap in total marketcap and ranked in top10 according to marketcap. Litecoin is an open source project and lightning project which enables transfer payment between two parties without any third party agencies. Litecoin is listed on all major exchanges so people will trade easily with litecoin.
Cons
- There are very few cons about litecoin but some of the cons are litecoin market some damaged until bitcoin's scaling problem is solved. sometimes ago litepay which is litecoin gateway similar to bitpay is closed. development of litecoin is slow as compared to other cryptocurrencies.
