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Review on Litecoin by Ed Dei

Revainrating 2 out of 5

Litecoin is old technology, sometimes I ask my self why should I keep my…

Litecoin is old technology, sometimes I ask my self why should I keep my litecoin when other cryptocurrencies outperform litecoin. I do not foresee a great progress with litecoin

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Pros
  • As one of the first cryptocurrencies, litecoin is faster than bitcoin in terms of transaction, to be exact around 1/4
Cons
  • When the founder sold his "litecoin" it was the point of no return for litecoin. I find it hard to see litecoin to return to its peak period. Although litecoin is faster than bitcoin its coin "production" is more expensive. There are so many cryptocurrencies out there that outperform litecoin in many ways.

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