1 Level
12 Review
6 Karma
Review on Litecoin by Anika Chowdhury
Overall performance of this project is very good as the Litecoin founder has…
Overall performance of this project is very good as the Litecoin founder has built a notable presence on social media and also made appearances on mainstream media platforms like CNBC.
Pros
- Litecoin is backed by the Litecoin Core development team and the Litecoin Foundation, a nonprofit organization with a mission “to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies”.
Cons
- As legislators around the world scramble to catch up with the growth of digital currencies, there’s always the threat of new laws or tightening of regulations surrounding crypto assets. For example, media reports of rumored “crypto crackdowns” by governments around the world, notably China, can have a substantial impact on cryptocurrency prices.
