The project is fine, obviously all the crypto are excellente, but LTC is so fast.
Pros
i guess is the most easy and fast crypto. Also, I think LTC has an important role to play in the future, maybe that speed is what makes it the crypto of the future.
Cons
i supossed the price, will be a little more, because the market all expended
Halving Litecoin is on its way. The last time LTC was at the bottom 200 days before the fall in the size of the remuneration that occurred in 2015. And we already see how LTC behaves. After the reward falls, there is a strong increase in value for 2 years. If this time everything goes according to the same scenario, we will observe growth until 2021, when Lightcoin reaches its peak.
With each subsequent rise in the LTC price, the force fades away, which indicates a weakness of the bulls and an…
Pros
Litecoin LTC offers fast transaction confirmation (2.5 minutes on average), uses the scrypt algorithm and Proof of Work confirmation type, which makes it available for mining on ordinary computers and graphics processors that many people have; this is the main difference from Bitcoin.
The Litecoin network is designed to produce 84 million units of cryptocurrency; the block reward is halved every 4 years, as with Bitcoin. The coin was created by Google employee Charles Lee. Litecoin is the second version of Bitcoin, which has already produced many clones. However, it has strong support in the face of a team of dedicated developers.
Cons
Unfortunately, failures in the work of clients to store cryptocurrency occur quite often. As a rule, they are caused by the mistakes of the users themselves, but sometimes external factors influence the appearance of a problem. All programs responsible for receiving and transferring electronic money are subject to failure. Even if an official wallet is used, say, for Bitcoin or Litecoin, problems can still appear (and suddenly). Today we look at the most common failures in the example of the Litecoin Core client. We will try to figure out what caused them, how they are eliminated, and what to do to prevent their occurrence.
In all this coin functions really well and will only grow in price once the Lightening Network gains mass adoption.
Pros
Compliments Btc with very fast trxs and responsible for the construction of the Lightening Network and inspired the Liquid Network too. LTC for trading has a lot of potential growth aswell.
Cons
Doubts about the coin due to lack of work on the LTC repositories on GitHub. However this might be due to the fact that LTC could be the finished product.
I've been following Lite coin for over a year now and cant say enough about how awesome this coin/project is. I've used Lite coin for several purchases and they where seamless and fast.
Pros
"Litening" fast transactions!!!
Cons
I have had no problems with Lite coin. My only gripe, would be not buying more or buying them earlier.
NICE AND GREAT COIN BUT NOT SO FAMILIARS ,EXAMPLE IN TELEGRAM GROUPS MANY ASKING WHAT IS THE BEST WAY CAN DIRECTLY BUY LITECOIN BUT ADMIN DOSENT GIVE AN GOOD ANSWER
Litecoin it's a great coin want to be one of the top coins in the market, has a huge potential and a great community of developers that support this coins, can be in the future the coin that can replace FIAT when get massive adoption
Pros
Fast, reliable, great market cap, huge potential to get more value'
to sum up transfer peer-to-pee very fast if in the world of cryptos the bitcoin is compared to gold the litecoin is compared to the money and the head of the project there is Charlie Lee
Pros
litecoin is one of the oldest crypto, created on October 7, 2011 by Charlie Lee, developed in open source with an Algorithm that is the Scrypt the litecoin is faster but there is more token than bitcoin, Max Supply 84000000 LTC Circulating Supply 60383125 LTC currently the logo has been changed to blue
Cons
it does not have too many disadvantages to there is more corner than bitcoin but tekniquement it is a very good crypto later it's a story Algorithm and robustness
Generally speaking, I believe that LTC has a bright future and will continue to expand it's network/nodes/user base. As long as the team continues to innovate and market Litecoin, I believe the price will continue to gain value as Litecoin gains traction as a coin that was designed to be used daily as a fiat replacement(unlike Bitcoin which has become a store of value rather then a fiat alternative/replacement.
Pros
I like this project because it checks off most of what I consider to be absolutely necessary aspects of any solid crypto project that i believe will continue to grow, in price/nodes/transactions/innovation. Some of the questions I ask myself(and ultimately thoroughly research before even considering investing) are:
1.) Who is the team behind the project?
-what is the background of individuals who hold management and or important decisions in the company?
-where did they work prior to this project?
-what is the reputation of management/founding members?(are they known and trusted?)
2.) Does the whitepaper make sense?
-is the technology discussed physically possible?
-has this kind of tech worked in a real world scalable environment?
3.) What does the Roadmap tell me about the team?
-Is it ambitious without infringing on impossible?
-Have they met key dates on the roadmap?
4.) What is the total supply on the market today and how many total coins will be mined?
-Is there a cap on total supply?
-who controls a majority of the current supply?
-is there lockups in place and if so when do they expire?
-How many coins are mined per block and how often? Do they halve at some point and if so when and how often?
Based on those questions, I am positive about the future of LTC because of the founder Charlie Lee who previously worked at Google and has been active in almost every aspect of LTC since its inception
Cons
Litecoin is a fork of the Bitcoin software and as such the technology is similar and will face similar hurdles as it pertains to scalability. Litecoin does not have the first movers advantage. Also due to its inception date in early 2011, blockchain tech is constantly improving and Litecoin does not have the advantage of learning from other projects mistakes.
litecoin is good choice for daily use or even trading but needs more development
Pros
I think litecoin is ideal for daily trading. it's price is not too high neither too low, beginners in crypto world can use this cryptocurrency for start
Cons
development is slow, it still has old school method in 2019
I love Litecoin, as I said it has staying power. I think it'll be around a long time. With more development and upgrades to the code, blocks size, and network upgrades it will possibly the top tier with bitcoin.
Pros
Litecoin is the first altcoin I have purchased. I like it because it is you could say an offspring of bitcoin. Basically based on the same code/blockchain as it was a hard fork. I believe it has stay power. When I first bought it was at 102 dollars. It's way down but I believe in it.
Cons
Keeps depreciating but everything in crypto is for the most part depreciating.. Need more marketing and advertising to allow further implementation into brick and mortar establishments as well as online.
Lite_coin is a decentralized entity, which means that it functions without a central authority or governance agency. The system allows the creation and transfer of tokens, based on an open source cryptographic protocol.
The latest release of Lite_coin is the 0.15.1 version, from March 2018. C++ is the code language, and the compatible Operating Systems are Windows, OS X, Linux, Android. The Lite_coin Core Development Team is the one in charge of the development.
Pros
Bitcoin is still hands down the most prominent cryptocurrency in a market with increasing appreciation of the benefits that cryptography and the blockchain technology can provide transactions.
Cons
For reference, alt_coins are all the distinct cryptocurrencies from Bitcoin, the industry’s leader since 2009, and Lite_coin may the best, most secure, and the one with the most untapped potential.
General speaking it is still one of easiest coin to buy at varies of different portals, They have an excellent team trying to be innovative and be the top of the cryto world, Maybe not best but one of the key players!
Founder selling their Litecoin at Top Value is very disappointing. Was it an intentional manipulation to drive? Not too sure.
I think at the this project definitely catching my attention.
Pros
It started at 2011
I consider it as a root of Bitcoin
Same algorithm as Bitcoin
Yet its vay faster than Bitcoin and cheap too!
Quick transcations with fast clerance
High liqudity
They have good team very functional
Cons
Founder of Litecoin gave his when it hit top,
it takes alot of trust away
some investors consider it copy cat company
Eventually it will continue being produced 4times as Bitcoin