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Review on Litecoin by Kingsley Morgan

Revainrating 4 out of 5

Litecoin is the fourth largest and most popular blockchain technology in…

Litecoin is the fourth largest and most popular blockchain technology in Marketcap, and is a batch decryption feature that works much like Ethereum and Bitcoin. This is a P2P Internet call that allows instant payment to anyone else. A decentralized payment system managed by the state of networks and are protected by math, like any other block chain. Individuals can manage their own finances without relying on third parties, such as banks or traditional financial institutions.



Pros
  • Litecoin Blockchain can handle higher volume than Bitcoin. This is because Litecoin block chains generate blocks more often. The network supports more transactions without having to change software in the future. As a result, merchants have a faster check-in time but can wait for more confirmation when selling larger ticket items.
Cons
  • It's a project without a clear cut direction especially after there founder charlie Lee left the project.

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