1 Level
11 Review
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Review on Litecoin by Mardy Mason
Litecoin is a decentralized digital currency like Bitcoin. It uses the same…
Litecoin is a decentralized digital currency like Bitcoin. It uses the same encryption techniques to transfer and create funds and to confirm transactions. The main difference between Bitcoin and Litecoin is that Litecoin has a larger amount of coins that can be created and it has faster transaction rates. These above facts makes Litecoin one of the better cryptocurrencies in which to invest in and try to keep track of, because they still got more developments coming in.
Pros
- I've had some ltc in my wallet for some time now and whenever I try to pay my workers (I pay them in Crypto), the speed at which they get their funds is very exceptional. I think this is a major advantage ti using ltc
Cons
- Its weird that people always compare ltc to btc, when we all know btc got more popularity than ltc. I believe this wont work to thr favor of ltc because most newbies would dismiss it even before looking at its use, due to its widespread comparison with the godfather of Crypto, bitcoin.
