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Litecoin is the first fork of Bitcoin. It was launched back in 2011. It uses the Scrypt algorithm, which allows it to be more efficient in a number of ways than the original Bitcoin. Transactions in Litecoin run four times faster than those of BTC, and commissions in the system are almost nonexistent. Litecoin has remained steady as the world’s seven most popular cryptocurrency (by market cap).

Pros
  • What is Litecoin (LTC)?, it is an open source peer-to-peer internet currency that allows for instant, near-zero cost payments. Litecoin is basically just like bitcoin but only takes 2.5 minutes to confirm transactions not 10 minutes. Litecoin uses a different method of securing transactions that makes it better for GPU mining. This means that it is harder to hack than bitcoin in some ways. This gives a point of difference.
Cons
  • LTC has examined and lived the Lightning Network transactions along with atomic swap into its own system. This itself is a remarkable revolution in the world of cryptocurrency. The Lightning Network is an off-chain L2 layer protocol via which the funds can be sent faster and at a lower fee with no wait for blockchain confirmation. As a result, this enhances the scalability to thousands and millions of transactions in a second, which is an appreciable element in the crypto market. In terms of the cross-chain atomic swap, this has been programmed and deployed to assist transactions across several blockchains and without involving any third-party or exchange platforms. This reduces the company’s overheads and also maximizes security. Litecoin has now incorporated Lightning Cross-chain Atomic Swaps. Today, the development team of this coin is concentrated around integrating confidential transactions onto their network. This coin is really looking great from a technical perspective. Founder of Litecoin Charles Lee is a computer scientist, best known as the creator of Litecoin. He serves as the chairman and managing director of the Litecoin Foundation. He also works for Coinbase.

It is reputable and secure. As a pioneer of the latest blockchain technology litecoin is very good. Just some issues regarding the appearance of its website needs to be addressed.

Pros
  • Litecoin is among the first blockchain projects out there. It is reputable and trustworthy with value that keeps growing. It has a very solid team. It is evolving beyond finance and technology.
Cons
  • Litecoin can engineer more interesting user interface and graphics for its website to attract more visitors thus expanding its investment.

Revainrating 4 out of 5

Overall I feel litecoin has a long way to go. Since it's based on Bitcoin…

Overall I feel litecoin has a long way to go. Since it's based on Bitcoin codebase so unless the scalability issues surrounding Bitcoin is resolved nothing can be said much in advanced. Apart from all this litecoin is quite popular among investors.

Pros
  • * Very popular and widely accepted by people than most of the cryptocurrencies. * Core development team is well experienced. * Atomic swap between LTC and BTC have already tested. * Low supply. * Comparatively cheap transactional fees. * Supported by almost all hardware wallets and exchanges.
Cons
  • * Since it is based on Bitcoin codebase so that restricts it's flexibility a bit. * The project has suffered a lot after it's creator Charlie sold all his holding sending a message that he doesn't have faith in his own coin.

Revainrating 5 out of 5

Litecoin can have the effect between the day by day utilization of a…

Litecoin can have the effect between the day by day utilization of a considerable measure of Modern coins out there, they simply require more time to get it finished and afterward they will be set to run assist with their aspirations.

Pros
  • Litecoin is as I would like to think the silver where bitcoin is the gold , not just on the grounds that it is the second coin made yet in addition as a result of the potential that the lightning system hase toward an incredible economy without bounds. Litecoin can and will be executed in such a significant number of coins as a result of what they are able to do. This is a coin that have a devoted group with much and much potential.
Cons
  • Litecoin ought to have just had the lightning system up and running, anyway this undertaking is the hardest one to finish and as a result of the committed group and the authenticity behind it this shouldn't be an issue in the future

Revainrating 4 out of 5

Litecoin can make the difference between the daily usage of a lot of…

Litecoin can make the difference between the daily usage of a lot of Industrial coins out there, they just need a bit more time to get it completed and then they will be set to go further with their ambitions.

Pros
  • Litecoin is in my opinion the silver where bitcoin is the gold , not only because it is the second coin created but also because of the potential that the lightning network hase toward a great economy of the future. Litecoin can and will be implemented in so many coins because of what they are capable of. This is a coin that have a dedicated team with much and much potential.
Cons
  • Litecoin should have already had the lightning network up and running, however this task is the hardest one to complete and because of the dedicated team and the legitimacy behind it this shouldn't be a problem in the future.

Litecoin is a great Project. Probably, this Project will have a nice future. Its an excellent investiment option. Investing in Litecoin is a great way for long-term gains.

Pros
  • Litecoin is a project with a great team. Litecoin(LTC) is private and secure. An evolving, immutable, decentralised network. Transations are in high velocity, low fees.
Cons
  • I think the Project needs to be “up-to-date”.

So I have already introduced these overviews of Lithecoin. And this year 2018 is also the year for its development, really worth the investment. The rest of the time from now until the end of the year, it will continue to grow tremendously. If anyone likes this money should also swiftly to give this spring more warm! Good luck !

Pros
  • Litecoin is an online currency equivalent of the Internet that allows immediate and almost free payment to anyone in the world. Litecoin is an open source, purely distributed open source global network that does not require any central management entity. The network is secured by mathematical laws and helps each person control his or her own finances. Thanks to significant industry support, trading volume and liquidity, Litecoin is a viable commercial intermediary besides Bitcoin.
Cons
  • To this point, as far as I know, there is no difficulty with this currency. It still holds the top spot in the coinmarketcap ranking. Litecoin overcame its first enemies in cash and climbed into the world of electronic money with some development in the near future. Blockchains make improvements in speed, scalability and efficiency, with new consensual mechanisms that make Litecoin's PoW slow, though four times faster than Bitcoin.

Litecoin is an open source blockchain-based cryptocurrency that works in a similar way to ETH and BTC. It’s a peer-to-peer internet currency that allows for instant to anyone in the world with very low transaction cost. It’s a decentralized payment network that isn’t managed by any central authorities. Litecoin is currently on of the top 10 popular and actively traded coin according to CMC and is been used daily for transactions. Litecoin has wide wallet support and is being actively devloped.

Pros
  • LiteCoin is an open source, transparent and decentralized peer-to-peer internet currency that allows for instant payments to anyone in the world with a very low transaction cost. It is one of the top ten popular actively traded coin that is been used daily for transactions. Litecoin is quite popular and as a lot of wallet support available for both mobile, PC and even hardware wallet. Litecoin is actively been developed by a great team and follows a transparent release process due to it open source nature, this facilitates the independent verification of binaries and their corresponding source code.
Cons
  • Being a fork of bitcoin, this makes it quite difficult for litecoin to add new innovative ideas to the project. Litecoin is currently experiencing a large number of it investors​ dumping it for other project like BTC, this is really bad for the growth of the project

Revainrating 4 out of 5

I like this project because it's very good.

I like this project because it's very good.

Pros
  • I like this project because having a professional team and supporters.
Cons
  • I can't understand the future of this project, unclearly roadmap.

A few months ago, this publication covered a story on Litecoin’s founder, Charlie Lee, who had predicted LTC would become the fourth largest cryptocurrency by total value. His prediction of the Litecoin price was based on his belief that LTC would find greater mainstream usage than other cryptocurrencies.

Pros
  • Litecoin is one of those cryptocurrencies that are maintaining their position in the group of top five. It is the only alt-coin that has more than 2000% spike in its value. Litecoin is also a decentralized currency that facilitates the immediate and instant payments all across the world. Litecoin also works on peer to peer mechanism and there are no central governing authorities. It offers great security and user control to the investors. Litecoin has its own blockchain and works on innovative crypto frameworks. It was actually developed by keeping the flaws of Bitcoin’s blockchain technology in mind. It is the only coin that has steadily increased its value after Bitcoin.
Cons
  • LTC will continue to sink as investors shift towards projects that are more realistic in their goals. Successful projects aren’t those planning to replace the dollar: they’re the ones trying to fix problems otherwise unsolvable without blockchain and cryptocurrency. Litecoin is a peer-to-peer cryptocurrency and one of the oldest out there; having been developed back in 2011. When the LTC payment application, LitePay, surprised followers with the news that it was planning to roll-out Litecoin-ready payment cards in February, the price of LTC shot up to nearly $300.

Litecoin came into existence during 2011 and was one of the earliest ones into the business. The send receive feature of this decentralized online currency is fastest compared to most cryptocurrencies. This is the reason why people like to use it. Apart from this, there are also certain other features that can be cut out to show that it is one of the most profitable cryptocurrencies of the year.

Pros
  • Technical improvements like the lightning network and SegWit can be readily implemented by it. Therefore, it can be a better option than Bitcoin in this respect.
Cons
  • In case, if Bitcoin improves upon its transaction speed and scalability options, Litecoin can easily lose out to it. In any case, more investors always prefer Bitcoin and the term is more or less synonymous with the cryptocurrency trade.

Litecoin transactions are faster and cheaper than Bitcoin, and that is thanks to its design. This makes Litecoin a great option for payments. To facilitate this, Litecoin has been working hard to become accepted in more and more locations. Fast, cheap, easy-to-use, Litecoin has blossomed into one of the top cryptocurrency projects. With growing acceptance of Litecoin as a payment option, this project’s most exciting days may yet be ahead.

Pros
  • Litecoin is based on Bitcoin, so we are listing the original Satoshi Nakamoto Bitcoin white paper. To our knowledge, at present there is no Litecoin specific white paper. However, Litecoin is largely based off of Bitcoin, so the Bitcoin white paper will provide a great initial understanding of Litecoin.
Cons
  • However, that doesn’t mean that there isn’t space for altcoins to grow, and solidify their spots as successful ventures and companies. Among them, Litecoin seems to be the preferred option for savvy investors in the crypto universe. For reference, altcoins are all the distinct cryptocurrencies from Bitcoin, the industry’s leader since 2009, and Litecoin may the best, most secure, and the one with the most untapped potential.

Litecoin's Name-Value Storage is a simple yet powerful concept that allows you to store arbitrary data within the blockchain. This has already allowed a range of distributed services, from a decentralized network. Although Litecoin supports traditional PoW mining and merged mining with Bitcoin, its main mechanism is Proof-of-Stake mining. This eliminates the “arm’s race” for mining capacity.

Pros
  • Litecoin is an open-sourced peer-to-peer cryptocurrency which forked from Peercoin in 2014. It uses both Proof-of-Stake and Proof-of-Work mining protocols. Developers describe Litecoin as more of a development platform than a cryptocurrency.
Cons
  • Litecoin also benefits from an active and creative user community, where users come together and discuss ideas, Great team and community no problems.

Revainrating 4 out of 5

The best project like bitcoin and ether!

The best project like bitcoin and ether!

Pros
  • The good project of all the time like other! Good coins!
Cons
  • Sometimes cannot buy the coin! And the coins price sometimes goes down!

Revainrating 5 out of 5

Overall they are doing great. They are generally accepted and most…

Overall they are doing great. They are generally accepted and most organizations makes use ofthem

Pros
  • Wonderful Team work, Their Customer Satisfaction is wonderful and their response is always on point. With them i can send money to friends and families, with a less transaction fees. They have a great future. Kudos to them
Cons
  • They need to work on their transaction speed and upgrade their technology

Litecoin is a peer-to-peer currency that allows payments to people all over the world at minimal costs. Litecoin came about as a result of Bitcoin and is more or less a Bitcoin clone. Litecoin has aided essentially, the thought of why Crypto currencies exist. That speedy and quick transfer of funds is now seen as something unusual, thanks to their lightening fast technological project.

Pros
  • Solid team with numerous community activities in the works. I sent payment to my sibling in another country within a few minutes as opposed using other traditional ways of sending money that requires restrictions and bullies.
Cons
  • I've been to the ltc communuty and I believe they aren't as acrive as they should be. Maybe this can be worked on to make this project seen the way it should be seen.

Litecoin, a fork from the Bitcoin Core Client, differs only slightly from his ancestor Bitcoin. Charlie Lee set the block time to 2.5 minutes, as opposed to BTCs 10 minutes. And he increased the total supply to 84 million units. Additionally, LTC uses a different hashing algorithm than BTC, namely Scrypt instead of SHA-256. Litecoin is seen as a means of quicker and cheaper payments as of his role model Bitcoin, whose primary use case now is that of a store of value. Many people compared LTC as

Pros
  • I like Litecoin and I think it’ll have a successful future. Some people just consider to be a Bitcoin knock-off with 4x as many coins, but that’s not the case. I recently saw Charlie Lee speak about some of the things that they’re working on to improve the network that are completely separate from Bitcoin. On of those things is adding transaction fees to block headers. This should prevent miners from jacking up transaction prices and keep them low for all users.
Cons
  • Litecoin is a great, and smaller way to exchange goods and services. But, Litecoin is not perfect. I still don't like how the difficulty is so high, that a GPU miner hardly gets profits. But, I would love to see people start to accept Litecoin as it is, a smaller version of Bitcoin. Litecoin has a faster sync time as it only uses up to 7 GB for the wallet itself (and they even provide a bootstrapper for faster sync!). I don't think Litecoin will continue to rise, however as the price fell when GPU mining was obsolete. My final verdict: If you want a smaller and better way of transaction, or are a ASIC miner, I recommend you use Litecoin, or Bitcoin, but if you're a GPU miner, and want to create applications off the blockchain, I recommend Ethereum.

overall litecoin is a really very good project by which we can do whole global payment without any central authorities. and with that, the transaction fees are also less. all hardware wallets support litecoin. and also many benefits are there. progress is just very fast of lite coin and srely it will progress more and will be a fully developed coin

Pros
  • litecoin is the decentralized peer to peer cryptocurrency. also a great project. the transaction fee is also less. the progress is also great of this coin. also, all hardware wallets support Litecoin. if you compare Litecoin to other tokens at the top of the market the market cap is very low. also for users easy to use benificial and also less in fee
Cons
  • the market is still not very much progressed and if we look about transaction speed then the transaction speed is less

Litecoin is a best cryptocurrency overall but some speed and team these are to the major disadvantage of litecoin, but some people fully support litecoin

Pros
  • Litecoin is opensource and decentralised cryptocurrency, Litecoin use case increase day by day because of litecoin are used everywhere such as Ellenet and many more big merchants and retailers, litecoin Scrypt algorithm is too much useful litecoin founder name is Charlie Lee, the Charlie Lee also has great knowledge about cryptocurrency
Cons
  • Litecoin is using old technology there are so many excellent projects than litecoin, transaction speed is not much faster, team members are always inactive and not solving queries

Litecoin is a decentralized digital currency like Bitcoin. It uses the same encryption techniques to transfer and create funds and to confirm transactions. The main difference between Bitcoin and Litecoin is that Litecoin has a larger amount of coins that can be created and it has faster transaction rates. These above facts makes Litecoin one of the better cryptocurrencies in which to invest in and try to keep track of, because they still got more developments coming in.

Pros
  • I've had some ltc in my wallet for some time now and whenever I try to pay my workers (I pay them in Crypto), the speed at which they get their funds is very exceptional. I think this is a major advantage ti using ltc
Cons
  • Its weird that people always compare ltc to btc, when we all know btc got more popularity than ltc. I believe this wont work to thr favor of ltc because most newbies would dismiss it even before looking at its use, due to its widespread comparison with the godfather of Crypto, bitcoin.