1 Level
11 Review
5 Karma
Review on Litecoin by Aabha Granit
I will definitely choose litecoin over other payment methods... Litecoin is…
I will definitely choose litecoin over other payment methods... Litecoin is popularly known as silver coin to Bitcoin’s gold and second best cryptocurrency. It has a proud reputation as smarter, cheaper, and faster. As compared to Bitcoin’s 10-minute mining time, Litecoin takes only 2.5 minutes to mine a block. In addition, the cryptocurrency also possesses lower transaction fees in comparison to Bitcoin. The Litecoin network has a market cap of 84 million that is four times more as compared to Bitcoin Network
Pros
- Transactions have this super speedy ways of confirmation compared to other networks and payment systems. This, thus is a major advantage of litecoin over other crypto similar projects
Cons
- Usurping the major payment system in PayPal is a hard task ti carry out, but I believe with time and the right mix if experience and tenacity in place, more and more updates will displace the world's most traditional systems of payments
