1 Level
34 Review
40 Karma
Review on Litecoin by Julio Arvelo
With substantial industry support, volume of transactions and liquidityโฆ
With substantial industry support, volume of transactions and liquidity, Litecoin is a proven means of commerce complementary to Bitcoin.
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Pros
- It is a global and open source network of completely decentralized and without central authorities. It is a P2P type Internet currency, which allows instant payments and almost zero cost anywhere in the world. The block generation times are faster than with the BTC and the fast transactions saw it become the solver of the Bitcoin problems, in a way of speaking. It is cryptocurrency, possibly with the largest list of companies that accept it as payment for products and services.
Cons
- The closing of LitePay, which was supposed to help Litecoin reach more users.
