Review on Litecoin by Mr Benji

Name: Litecoin
Item: Litecoin
Rating: 5

November 05, 2018

After looking at the different options that are available today in the…

After looking at the different options that are available today in the cryptocurrency market, it only seems that mining Monero can be the best way forward during 2018. No doubt that the other cryptocurrencies are gaining much ground yet Monero has many other facilities like easy liquidity and robust algorithm in place. Moreover, if anyone has to invest for a particularly longer period of time, Monero can be the best suited for the purpose. However, the final call can always rest upon a user depending on his preferences at a period of time.
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Updated 5 years ago

Rating has not been changed

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Litecoin is on fire lately right we are getting close to the halving and people are very bullish on Litecoin. The sentiment towards it is growing as well as the price. We can only assume what will happened after halving. 
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News:
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- Electrum Wallet introducing Lightning Payments
- Halving is less than one month away.
- Flexa adds Litecoin to its Merchant Network.
- OKEx celebrating Litecoin halving with giveaway
- Litecoin Founder, Charlie Lee meets with US 2020 presidential candidate Andrew Yang.
- Litecoin hashrates reaching ATH
- Someone paid over 17,000 USD transaction fee :D Fun fact
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Pros

Scrypt algorithm is useful The Segwit and Anti-spam filter has been helpful Bitcoin clones are flooding Very fast transaction time The community is buzzing

Cons

If Bitcoin makes an upgrade – 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. It is a perception battle – In any case, Bitcoin and Litecoin are the same things and it is only that Bitcoin is more renowned. It can only be a battle of perception between either of them.