Review on Litecoin by Bao Nguyen

Name: Litecoin
Item: Litecoin
Rating: 4

September 13, 2018

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
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Updated 5 years ago

Rating changed from 5 to 4

I have been watching Litecoin, litecoin is a very strong and successful currency from all other currencies and has a very high potential to achieve 100 more times in the next price increase.
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Pros

Small block sizes and lightening speed transfers, one of the highest in Blockcha.

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.