- The Litecoin project has garnered worldwide scale of interpolation to the way payments are made
- Transaction fees on Litecoin is a near zero cost even when withdrawing from exchanges
- Fast confirmation of transactions usually in minutes
- Uses an open source protocol which allows for Many improvements on it's network that keeps getting implemented which helps Litecoin achieve it's P2P use case in speed and cost
- Uses Proof Of Work Scrypt algorithm which is more energy efficient and viable for the environment
- Controversies in the past makes Litecoin an asset that has lost its major credibility
- New competitive projects giving TPS exceeding that of Litecoin is on the rise, despite it's upgrades