Review on Litecoin by Hakan Altan
Bitcoin's brother
Litecoin offers instant and low-cost payments for everyone in the world. Litecoin is an open source cryptocurrency that operates on a completely decentralized logic with no central authority.
The amount of Litecoin is higher than Bitcoin. Generally, Bitcoin is described as "gold" and Litecoin as "silver". A more useful crypto currency with faster confirmation times and more efficient storage than Bitcoin.
It would not be wrong to say that Litecoin maintains its power because Litecoin, which has been forcing the first places in the cryptocurrency list in terms of market value since its launch, is still one of the most valuable cryptocurrency today.
Pros
- Low transaction cost
- Quick transfer
Cons
- Price uncertainty
