Review on Litecoin by Fábio Henrique Guimarães
Litecoin
Litecoin is a decentralized and open source project, sharing the same code as Bitcoin, with some differences. So as soon as it emerged, many called it bitcoin silver, referring to bitcoin as gold. With Litecoin we have a faster currency than Bitcoin, safe and with low transaction costs. Litecoin has a large number of supporters in its community. For the longest time the second largest cryptocurrency, behind only BTC.
Pros
- Decentralization and independence.
- Mathematically speaking it is more secure than your bank account.
- Cheap rates.
Cons
- Volatility is a problem when it comes to valuation.
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Comments (2)
April 29, 2020
Litecoins in my point of view is the altcoin that has the best yield in the cryptographic environment, transactions are fast, cheap and secure and its currency has a good global acceptance and its trading is present in several exchanges. I really like this altcoin.
