Review on Litecoin by Cesar Medina
Speedy Litecoin
In the world of cryptocurrencies, after Bitcoin became one of the most popular, others have emerged with features much more feasible for users. In this case, we have Litecoin (LTC), a cryptocurrency very similar to Bitcoin but faster and less expensive. It has excellent popularity and is firmly in the Top of the cryptocurrencies.
What is Litecoin?
It is a cryptocurrency or decentralized electronic currency similar to Bitcoin but in a lite version or younger sister that will serve us for the purchase of goods and services. It has improved several aspects and has no direct competition as such. It certainly provides a way to send and receive payments quickly, safely and for free. The cost of transactions is practically nil.
Objective
It was created with the purpose of making transactions much more feasible, quick, economical and secure. Confirmation of transactions is instantaneous, making it an ideal option.
Conclusion
Litecoin is undoubtedly an excellent sister cryptocurrency to Bitcoin or a light version that has grown over time. Furthermore, it has stood firm as a leader in the ecosystem. In my opinion, it is one of the best cryptocurrencies that we can find in the entire ecosystem due to its speed for transactions, protocols it uses and it is a thousand times lighter than Bitcoin.
Pros
- Transactions in Litecoin are much faster and less expensive.
- Support and firm stable leader in the cryptocurrency ecosystem.
- Light version similar to Bitcoin.
Cons
- It has become unattractive over time due to its SegWit feature.
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Comments (3)
November 24, 2020
Litcoin is my favorite coin. It is listed on almost all crypto exchange sites and can be easily traded. In addition, it has gained great value in the last year. Thank you for your informative article.
November 14, 2020
. Thank you for this opinion, I will definitely consider it. You stepped into very important points. What can you say to the right word? I was confused before but I found answers to my questions.
November 13, 2020
Thank you for the information you provided about Litecoin. I read the post to gather information about Litecoin and found it very useful. Its fast and cheap transactions have brought me closer to Litecoin. In addition, its value is quite high.
