Review on Litecoin by David Olayide
The Future of Litecoin
Just like its counterparts, Litecoin is also based on the peer to peer system and is not locked to a central board of authority. Since it started about 10 years ago, it has steadily seen an increase in growth and size as more and more people join the network, thus expanding its reach and horizons.
Litecoin has a supply limit of approximately, 84,000, 000 coins. Litecoin can be mined on cloud miners and even regular miners too. It is much cheaper and faster than bitcoin. Therefore many people are beginning to make use of the coin because of its safe transaction protocols.
Litecoin can also be kept in crypto wallets for as long as possible. It doesn't expire. Perhaps with time the coin will continue to grow exponentially and become a universally accepted digital currency.
Pros
- Litecoin is dynamic
- More available/easier to get
- Faster than bitcoin
Cons
- flunctuating prices
New products
Comments (1)
January 06, 2021
Good review . Litecoin is the silver coin of cryptocurrencies and I think that being a direct alternative to Bitcoin is very beneficial, as is its transaction speeds and others. Do you think that many users can continue to use this cryptocurrency and not forget it?
