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Revainrating 5 out of 5

Widely Available Resources: You can find general information as well as a list…

Widely Available Resources: You can find general information as well as a list of services and exchanges that support Litecoin. General information can be found at the Litecoin Wiki, while up-to-the-minute network stats can be found at Litecoin Block Explorer Charts. Meanwhile, the source code for Litecoin Core is all open and available to anyone through GitHub. Open Source Software: Like most members of the cryptocurrency community, Litecoin is open source software. The software project was…

Pros
  • Litecoin is the world’s fourth most popular cryptocurrency by market cap, after bitcoin, Ethereum, and Ripple. Find out everything you need to know about the global decentralized currency today.
Cons
  • Litecoin is a blockchain-based cryptocurrency that works in a similar way to Ethereum and bitcoin. It’s a peer-to-peer internet currency that allows for instant, near-zero cost payments to anyone in the world. It’s a decentralized payment network that isn’t managed by any central authorities. The network, like other blockchains, is secured by mathematics. Individuals can control their own finances without relying on third parties – like banks or traditional financial institutions.

Revainrating 4 out of 5

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero…

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency

Pros
  • Litecoin aims to improve Bitcoin. Compared to it, Litecoin has three advantages: 1. Litecoin network can process a block every 2.5 minutes (instead of 10 minutes) so it can provide faster transaction confirmation; 2. The Litecoin network is expected to produce 84 million Litecoins, which is approximately four times the circulation of the Bitcoin network; 3.
Cons
  • The community is not as supportive to newcomers as lets say

Revainrating 5 out of 5

Great cryptocurrency. Fast confirmation times, cheap transaction fee. Unique…

Great cryptocurrency. Fast confirmation times, cheap transaction fee. Unique use cases compared to Bitcoin. Active development and reddit community. Probably the only cryptocurrency with a recognizable brand name besides Bitcoin. People have ignored Litecoin for years, but it has remained a consistent store of value that is supported by many exchanges. Litecoin, with the agreement of participation from most of the hash-rate leading pools, is at the door of activating Segregated Witness. A…

Pros
  • Fast (6x faster confirmation times than bitcoin) - More scalable than bitcoin by default - Top 3 in terms of security (money invested into hashing power) - Cheap transaction fee
Cons
  • Not the most user friendly - The community is not as supportive to newcomers

Revainrating 5 out of 5

Litecoin is an online currency equivalent of the Internet that allows…

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.

Pros
  • In 2017, many people have predicted that Litecoin will grow strongly to step by step match Bitcoin. With the virtual currency market, it is unpredictable, 2016 is considered as the year of Litecoin 2017 probably will have a great development.
Cons
  • Even though Crypto markets are really not stable at the moment, I think Ltc depreciates more than it should and this is a serious worry

Revainrating 5 out of 5

I always envied the CEOS running Litecoin. They are extremely experienced and…

I always envied the CEOS running Litecoin. They are extremely experienced and seem to know how thr market functions and are akso wise to implement new updates where and when necessary. They've proven overtime that they are the payment gateway to look at at the long run

Pros
  • Lightening transfer and low fees are a major pro for ltc. Haven used this coin for payments before, I can attest to this
Cons
  • Higher block transfers and system security leak would be a major setback at this point and it should be seen as something that needs a quick fix.

Revainrating 5 out of 5

Its the PayPal of Cryptocurrencies. A one stop payment gateway to numerous…

Its the PayPal of Cryptocurrencies. A one stop payment gateway to numerous services and it gives me joy that this project went the extra mile to provide efficiency at low costs

Pros
  • Have you tried sending out ltc to ltc wallets? The mining fees are extremely cheap and to me this is a pro.
Cons
  • Even though Crypto markets are really not stable at the moment, I think Ltc depreciates more than it should and this is a serious worry

Revainrating 4 out of 5

Litecoin is fast, has liquidity, has community, has a good developer, has a…

Litecoin is fast, has liquidity, has community, has a good developer, has a good future,,

Pros
  • Litecoin (LTC) continual adoption will inevitably take a new great turn during its first summit in San Francisco, this September. This could bring in companies like Tesla, Uber, and Starbucks into partnership with the network. There’s a good reason to suggest that the bearish season will end with Litcoin (LTC) rebounding to the January high of 200 USD if not more.
Cons
  • Since Litecoin is a fork of Bitcoin, or a new version of you prefer the term, it implies that there will be few, if any, new and innovative ideas, which is something that altcoins have to offer. Litecoin market will be somewhat damaged until Bitcoin’s scaling problem is solved.

Revainrating 4 out of 5

Litecoin’s success definitely is in the hands of Bitcoin and the successful…

Litecoin’s success definitely is in the hands of Bitcoin and the successful integration of the Lightning Network. Litecoin is currently struggling trying to recover from the fallout from LitePay, which was supposed to help Litecoin reach more users. Litecoin, like any other coin out there is a risky investment.

Pros
  • Litecoin($LTC) is a decentralized peer-to-peer cryptocurrency created in October 13, 2011 by Charlie Lee. Litecoin was inspired by Bitcoin and is similar in many ways. Litecoin differs from Bitcoin because the Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes, allowing Litecoin to have a faster transaction confirmation. Litecoin touts itself as being silver to Bitcoin’s gold. The Lightning Network is a system of smart contracts built on top of the base Bitcoin blockchain that allows for fast, cheap payments directly between two parties. The Lightning Network’s use of payment channels effectively allows users to transact with each other directly rather than broadcasting their business to the entire world. By tracking their payments between each other on their own, the two parties are able to avoid expensive and time-consuming interactions with the blockchain. If there is some sort of dispute regarding balances on the Lightning Network, either party can send the last valid state signed by both parties to the blockchain which is immutable and cannot be changed. The key benefits of the Lightning Network include: lower fees, instant payments, and the potential for improved privacy since these transaction are not stored in a public ledger forever. However, a downside to the benefits of the Lightning Network is that it requires users to open at least one payment channel to get started. Some people say the Lightning Network on Bitcoin will kill any reason to use Litecoin. However, it makes economic sense for a Lightning Network transaction to go through Litecoin when Bitcoin networks are congested. Charlie envisions both Litecoin and Bitcoin will work together to solve the world’s transition needs in the future. Litecoin is an open source project, which means that it has the capability and flexibility to implement relevant and useful tech improvements, such as SegWit and the lightning network. In that matter, it is an improved Bitcoin version, which is logical since it was a fork of it. It is considerably faster than Bitcoin, completing transactions in an average of 2.5 minutes, compared to the 10 minutes it takes to perform a similar operation in the latter. It represents a cheaper option for people looking to perform transactions, with an almost zero transaction fee compared to Bitcoin. The process of mining can be more straightforward on Litecoin than in Bitcoin (although that concept is debatable,) since it uses the new Proof of Work algorithm. It was created by a former Google employee, which brings a sense of reliability and trustworthiness to the equation. It has a less “toxic” community since it doesn’t quite have the reach of Bitcoin. It is considerably less volatile during market crashes or corrections than some of its peers. The developers and founders have shown excellent leadership skills throughout time: Charlie Lee left Coinbase as the head of engineering with the intention of focusing full-time on the Litecoin project. There are atomic swaps between LTC/BTC. The presence of the Lightning Network, a platform that fosters and promotes faster transactions. The 84M total supply. The market cap is very low if you compare Litecoin to other tokens at the top of the market. Chinese people are fond of it, which is an excellent marketing development since it represents the most significant pool of potential users. All hardware wallets support Litecoin.
Cons
  • People are still waiting for a counter-move now that Bitcoin added SegWit to its catalog of offerings. With that development, Litecoin lost one of the values that made it different. Since Litecoin is a fork of Bitcoin, or a new version of you prefer the term, it implies that there will be few, if any, new and innovative ideas, which is something that altcoins have to offer. Litecoin market will be somewhat damaged until Bitcoin’s scaling problem is solved. The people’s perception may hurt the name of Litecoin. Numerous people seem to think that it is the same as Bitcoin. It may be some time if it happens at all before Litecoin reaches the prominence and sustainability that Bitcoin showcases every year.

Revainrating 4 out of 5

LITECOIN can be used as an intermediate currency. For example, there is not…

LITECOIN can be used as an intermediate currency. For example, there is not always an opportunity to benefit from buying Bitcoin, because the exchangers make a large extra charge, and on the stock exchanges it is necessary to go through a complicated procedure of varication to make it possible to replenish the purse from the card. But having bought LITECOIN in the exchanger at an adequate price (sometimes even lower than the rate), you can easily throw it into the purse on the stock exchange…

Pros
  • Recently, as Litecoin's price hit new lows and attracted wide attention and discussion, Litecoin changed from 1LTC to 0.051BTC in the glory period to 0.001BTC to 1LTC, a drop of up to 86%, and the market value of Litecoin shrunk by 7.5 times. Compared with NEO , it decreased even more. Big. The market is sluggish, the mining industry is shrinking, and the application scenario is scarce. Feel that Litecoin is participating in fewer and fewer people. The outlook does not look optimistic. Some reasons may need to be explored
Cons
  • price fluctuation is much

Revainrating 5 out of 5

Litecoin($LTC) is a decentralized peer-to-peer cryptocurrency created in…

Litecoin($LTC) is a decentralized peer-to-peer cryptocurrency created in October 13, 2011 by Charlie Lee. Litecoin was inspired by Bitcoin and is similar in many ways.Litecoin’s success definitely is in the hands of Bitcoin and the successful integration of the Lightning Network. Litecoin is currently struggling trying to recover from the fallout from LitePay, which was supposed to help Litecoin reach more users.

Pros
  • Litecoin is an open source project.It has the capability and flexibility.It is considerably faster than Bitcoin.It represents a cheaper option for people looking to perform transactions, with an almost zero transaction fee compared to Bitcoin.There are atomic swaps between LTC/BTC.All hardware wallets support Litecoin.
Cons
  • People are still waiting for a counter-move now that Bitcoin added SegWit to its catalog of offerings. With that development, Litecoin lost one of the values that made it different.Litecoin market will be somewhat damaged until Bitcoin’s scaling problem is solved

Revainrating 5 out of 5

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero…

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and…

Pros
  • Litecoin aims to improve Bitcoin. Compared to it, Litecoin has three advantages: 1. Litecoin network can process a block every 2.5 minutes (instead of 10 minutes) so it can provide faster transaction confirmation; 2. The Litecoin network is expected to produce 84 million Litecoins, which is approximately four times the circulation of the Bitcoin network; 3. Litecoin uses the script encryption algorithm first proposed by Colin Percival in its workload proof algorithm, which makes it easier to perform Litecoin mining on ordinary computers than Bitcoin.
Cons
  • The community is not as supportive to newcomers as lets say.. dogecoin -The creator could use more energy on parading his own cryptocurrency and interacting with the community

Revainrating 5 out of 5

They promote it and create value so that the coins that they mined themselves…

They promote it and create value so that the coins that they mined themselves would be worth something. not a get rich quick scheme

Pros
  • As Litecoin is being built upon Scrypt, this makes it strong as compared to other ALT currencies. It is quite beneficial for the entire ecosystem of crypto currency. Moreover, everything is electronically done and one doesn’t have to use any physical money or credit cards to make any purchase online. Instead you can use your electronic currency thus, can keep your financial information safe and secure. With Litecoin you get the possibility to make purchases anonymously. Litecoin confirms in 1/4th time as done by Bitcoin which is yet another benefit of the same.
Cons
  • Since, litecoins are not managed by any central authority, it sometimes make you feel risky while choosing it. If it happens that your coin is stolen or lost then the money is gone and you can do nothing about it. Moreover, the client code is not maintained properly and is based on an obsolete Bitcoin version. Its price is a pure speculation and as of now there are almost negligible applications for Litecoins.

Revainrating 5 out of 5

Litecoin has remained steady as the world’s fourth most popular cryptocurrency…

Litecoin has remained steady as the world’s fourth most popular cryptocurrency (by market cap). The only currencies ahead of Litecoin in market cap are bitcoin, Ethereum, and Ripple. With a market cap of over $2 billion, Litecoin has grown from a small bitcoin fork project into a giant of the digital economy. You can learn more about Litecoin by visiting Litecoin.org today.

Pros
  • -High hashrate support that allow a fast secure chain. -Very low transaction fee -High developement potential with 'segwit' activation - IOS/Android Mobile wallet - Miners add value with merged mining- Fast (4x faster confirmation times than bitcoin) - More scalable than bitcoin by default - Top 3 in terms of security (money invested into hashing power) - Cheap transaction fee
Cons
  • - Not the most user friendly - The community is not as supportive to newcomers as lets say.. dogecoin -The creator could use more energy on parading his own cryptocurrency and interacting with the community. Very resilient to price(LTCUSD) change; -Not very proactive in developpement; it got its code and core from BTC

Revainrating 4 out of 5

Litecoin blockchain technology is awesome, Litecoin is an awesome choice for…

Litecoin blockchain technology is awesome, Litecoin is an awesome choice for new investors or best investment for hold, transaction speed is much better than bitcoin and ethereum

Pros
  • Provided by the Peer to Peer system, the transaction is free of charge everywhere in the world. The transaction is 4 times faster than Bitcoin because it takes 2.5 minutes to create a block. Operated globally and heavily used, many ATMs can be traded Litecoin. Litecoin is so decentralized that it has absolutely no headquarters, the money is extremely safe, no one has the right to manage or release Litecoin. Easy to use for shopping, transferring money or buying coffee. Not subject to any management should reduce management costs. The Litecoin earned through litecoin mining should be able to withstand inflation. Safe and very confidential.
Cons
  • Not the most user friendly - The community is not as supportive to newcomers as lets say.. dogecoin -The creator could use more energy on parading his own cryptocurrency and interacting with the community. Very resilient to price(LTCUSD) change; -Not very proactive in developpement; it got its code and core from BTC

Revainrating 3 out of 5

Litecoin blockchain technology is awesome, Litecoin is an awesome choice for…

Litecoin blockchain technology is awesome, Litecoin is an awesome choice for new investors or best investment for hold, transaction speed is much better than bitcoin and ethereum

Pros
  • rovided by the Peer to Peer system, the transaction is free of charge everywhere in the world. The transaction is 4 times faster than Bitcoin because it takes 2.5 minutes to create a block. Operated globally and heavily used, many ATMs can be traded Litecoin. Litecoin is so decentralized that it has absolutely no headquarters, the money is extremely safe, no one has the right to manage or release Litecoin. Easy to use for shopping, transferring money or buying coffee. Not subject to any management should reduce management costs. The Litecoin earned through litecoin mining should be able to withstand inflation. Safe and very
Cons
  • - Not the most user friendly - The community is not as supportive to newcomers as lets say.. dogecoin -The creator could use more energy on parading his own cryptocurrency and interacting with the community. Very resilient to price(LTCUSD) change; -Not very proactive in developpement; it got its code and core from B

Revainrating 5 out of 5

Litecoin is an open source, worldwide payment network that does not have any…

Litecoin is an open source, worldwide payment network that does not have any central authorities. It is released under the MIT/X11 license and the creation and transfer of coins are facilitated by an open source cryptographic protocol. Because this fully decentralized network is secured by mathematical algorithms, it allows individuals to be in complete control of their finances.

Pros
  • Litecoin (LTC) is a network currency based on "peer-to-peer" technology and an open source software project under the MIT/X11 license. It can help users instantly pay to anyone in the world. Litecoin is inspired by Bitcoin (BTC) and has the same technical implementation principle. The creation and transfer of Litecoin are based on an open-source encryption protocol and is not managed by any central agency.
Cons
  • In the copycat currency that competes with Bitcoin, the follow-up innovation and promotion of the development team is obviously insufficient

Revainrating 4 out of 5

Overall performance of this project is very good as the Litecoin founder has…

Overall performance of this project is very good as the Litecoin founder has built a notable presence on social media and also made appearances on mainstream media platforms like CNBC.

Pros
  • Litecoin is backed by the Litecoin Core development team and the Litecoin Foundation, a nonprofit organization with a mission “to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies”.
Cons
  • As legislators around the world scramble to catch up with the growth of digital currencies, there’s always the threat of new laws or tightening of regulations surrounding crypto assets. For example, media reports of rumored “crypto crackdowns” by governments around the world, notably China, can have a substantial impact on cryptocurrency prices.

Revainrating 5 out of 5

With technology more powerful than Bitcoin, it is not strange that the LTC…

With technology more powerful than Bitcoin, it is not strange that the LTC community is developing strongly. Forums, groups are sold, traded, traded LTC in a vibrant way. The Litecoin community is growing even more as LTC prices are slowly catching up with big names like Bitcoin or Ethereum.

Pros
  • Provided by the Peer to Peer system, the transaction is free of charge everywhere in the world. The transaction is 4 times faster than Bitcoin because it takes 2.5 minutes to create a block. Operated globally and heavily used, many ATMs can be traded Litecoin. Litecoin is so decentralized that it has absolutely no headquarters, the money is extremely safe, no one has the right to manage or release Litecoin. Easy to use for shopping, transferring money or buying coffee. Not subject to any management should reduce management costs. The Litecoin earned through litecoin mining should be able to withstand inflation. Safe and very confidential.
Cons
  • Still not popular so many people still do not know Litecoin, usually only deal in small transactions. Money laundering by criminal organizations, Litecoin's lack of any organization behind it, is also a question of who is using Litecoin money, which causes gangs to launder money that can not stop them. block out. Hard to use if you do not have the knowledge, you need to learn a new time is likely to transaction Litecoin.

Revainrating 4 out of 5

Litecoin has remained steady as the world’s fourth most popular cryptocurrency…

Litecoin has remained steady as the world’s fourth most popular cryptocurrency (by market cap). The only currencies ahead of Litecoin in market cap are bitcoin, Ethereum, and Ripple. With a market cap of over $2 billion, Litecoin has grown from a small bitcoin fork project into a giant of the digital economy. You can learn more about Litecoin by visiting Litecoin.org today.

Pros
  • -High hashrate support that allow a fast secure chain. -Very low transaction fee -High developement potential with 'segwit' activation - IOS/Android Mobile wallet - Miners add value with merged mining- Fast (4x faster confirmation times than bitcoin) - More scalable than bitcoin by default - Top 3 in terms of security (money invested into hashing power) - Cheap transaction fee
Cons
  • - Not the most user friendly - The community is not as supportive to newcomers as lets say.. dogecoin -The creator could use more energy on parading his own cryptocurrency and interacting with the community. Very resilient to price(LTCUSD) change; -Not very proactive in developpement; it got its code and core from BTC

Revainrating 5 out of 5

As a well-established coin backed by a strong development team, Litecoin has…

As a well-established coin backed by a strong development team, Litecoin has attracted the attention of many traders seeking further growth. However, this digital currency will also face a few key challenges moving forward.Overall, this is a very nice project.

Pros
  • The Litecoin founder has built a notable presence on social media and also made appearances on mainstream media platforms like CNBC. While many cryptocurrencies are shrouded in secrecy and mystery, Lee’s media profile is a token of the legitimacy of Litecoin.
Cons
  • There are many other peer-to-peer cryptocurrencies battling with Litecoin for market share. Bitcoin, in particular, is the most dominant player in the global cryptocurrency markets, but other peer-to-peer cryptocurrencies like Zcash (ZEC), Dash (DASH) and Ripple (XRP) could also pose a threat.