Review on Litecoin by micheal cartie
ltc
This digital currency is one of the oldest coins on the market and, like other currency codes, is a global digital payment device based on blockchain technology.
Many cryptocurrencies limit their supply to create negative inflation and increase their value. That's $ 84 million for Litecoin, which is almost four times the total amount of bitcoins. Theoretically, the LTC price will reach about a quarter of the BTC value, but the analysis of the price chart shows something different due to the presence of other influential components.
Pros
- Each transaction is approved approximately every 2.5 minutes, which is less than Bitcoin with an average of once every 10 minutes. This feature effectively speeds up the resolution of equations by about 4 times faster and can do more transactions.
Cons
- Its current value is extremely low compared to its capabilities
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Comments (1)
May 27, 2020
Exactly it is a currency for transactions faster than the btc, and if its value is extremely low, but in previous times it had an excellent value, this is a recommended currency due to its diversity of uses and it is reliable and safe.
