1 Level
5 Review
1 Karma
Review on Litecoin by Davidaon Cru
One unique aspect of Litecoin is its picky transparency. Certain transaction…
One unique aspect of Litecoin is its picky transparency. Certain transaction metadata inside the blockchain is confidential automatically, but can be disclosed to specific celebrations such as auditors or even regulators. The ultimate objective is to gratify each the openness and privacy that social structures require.
Pros
- Probably the most accepted and easy to industry crypto in the existing market, with satisfactory assets online for all to understand more about. Has a sizable community and unlikely to be able to disappear suddenly or found as spam which have got happened to other altcoins
Cons
- The artificial IPO type of launch result in an inflated trading price where the company investors marketed their first coins with a fat profit. From the technical analysis perspective, this is usually bad. a US business is behind Litecoin plus the company has made at the code degree a 20% tax upon all coins mined to purchase developpers and provide earnings for investors. This is usually contrary to the nature of digital currencies.
