1 Level
20 Review
17 Karma
Review on Litecoin by Amr Mohamed
Litecoin blockchain technology is awesome, Litecoin is an awesome choice forโฆ
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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
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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
