Pros
- very fast and very good in fees and i think its next silver of cryptoccurency market
Cons
- i think is very attractive and in near future most of investors watch the ltc like silver and the team is very good with hard working and future
Pros
- The speed of transaction its scalability and spped and litecoin solid team and members
Cons
- not at all at this point i havent faced any problem
Pros
- Low and reasonable fees Great leadership
Cons
- Lack of ability to process high volume of trasactions
Pros
- very fast, fees slow
Cons
- it lacks more publicity or a fauce to attract more investors
Pros
- First copy cat coin.
Cons
- Copy of Bitcoin Founder sold all of his Litecoin at the highest price
Pros
- In general, the bigger the volume, the better it is for the coin, because the coin will be easy to buy and sell. If the coin has a low volume, then the coin investor must wait longer to sell and it may be difficult to find a buyer at the current market price. So coinvestors must save the coin longer in the market to get the desired price or reduce the price so that it can be sold faster.
Cons
- Investing in cryptocurrency is a risky thing, and unlike other markets, the cryptocurrency market has no regulations. Even though there are many people who have benefited a lot in the marketplace, there are also those who suffer losses.
Pros
- For starters, it is evident that Litecoin’s transaction times are way faster than those of Bitcoin, which usually take an average of 10 minutes to complete an operation. Litecoin stops the clock at 2.5 seconds, and as you saw in the previous section, the number can be significantly less. Ethereum, another one of the top crypto networks on the planet, also struggles with network and speed problems. Litecoin’s usability is what puts it ahead of other altcoins and competing with Bitcoin for the market share. People use it for standard blockchain-related procedures, such as lifting a smart contract, but it also has the capability, technologically speaking, of being used as currency, in the way of fiat money. Litecoin, also to provide the best environment for quick and secure transactions, also offers a cheap option. The currently reviewed system implements scrypt in its proof-of-work algorithm, which is mostly a sequential memory-hard function that needs more memory than a not memory-hard algorithm. The use of the previously described method makes Litecoin mining harder than Bitcoin’s, which is a negative point in the comparison, but a difference nonetheless.
Cons
- People are still waiting for a counter-move now that Bitcoin added SegWit to its catalog of offerings. With that development, Litecoin lost one of the values that made it different. Since Litecoin is a fork of Bitcoin, or a new version of you prefer the term, it implies that there will be few, if any, new and innovative ideas, which is something that altcoins have to offer. Litecoin market will be somewhat damaged until Bitcoin’s scaling problem is solved. The people’s perception may hurt the name of Litecoin. Numerous people seem to think that it is the same as Bitcoin. It may be some time if it happens at all before Litecoin reaches the prominence and sustainability that Bitcoin showcases every year.
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.
Pros
- This is the currency that is called "digital silver". Litecoin is good because it is supported by many users around the world. It is convenient to send money from country to country. Litecoin is one of those currencies that will exist for a long time on the market.
Cons
- It is necessary to further increase the liquidity of the coin. Then there will be more willing to use it for payments.
Pros
- peer to peer crypto open source processes the block every 2.5 minute
Cons
- heavy algorithm
Pros
- One of the oldest crypto network without a hard fork, very low fees, strong community, on lots of top crypto exchanges, big global liquidity, hard money.
Cons
- More merchants accepting Litecoin would be nice.
Pros
- Litecoin Network: Fast transactions and very low fee cost
Cons
- the founder of this proyectm charlie lee selling all of they litecoins, which causes mistrust in the future of the currency.
Pros
- A block duration of 2.5 minutes with fewer centralization problems than BTC thanks to the SCRIPT protocol. Just after BITCOIN in the ranking of mining investments with low transaction fees. SEGWIT and LIGHTNING NETWORK already implemented. Big community. Accepted on most wallets. Possibility of attaching "smart contracts". Ease of integration on online sales platforms because "bitcoin-compatible".
Cons
- Probably lack on communication and roadmap despite a big community. Flat on stock market (low volatily 6 last months)
Pros
- Litecoin accounts for arund 30% of dark web transactions, which is much higher than any other currency. With Bitcoin slowly disappearing from the dark internet due to the fact its the most audited financial document in the world, the battle for its market share seems to be between Dash, Monero, and Litecoin, with the latter with a firm hold of the pole position.
Cons
- The fact that it is used to purchase illigal goods hurts the reputation of the project. Notably, Charlie Lee, the projects founder sold his Litecoin for bitcoin.
Pros
- its not pre-mined like many tokens so Litecoin has a real marketcap, its also very fast and a fiat on / off ramp for the entire crypto ecosystem
Cons
- weak future development plants apart from payments
Pros
- fast and good support in blockchain and all wallet
Cons
- sometimes delay with some wallet desktop or mobile like jaxx
Pros
- It's very fast and has zero compare to other crypto currencies. Mining is easier on litecoin . It's more secure than many overnight coins
Cons
- Litecoin is simply a modified version it doesn't introduce my development . It's advantages over Bitcoin is reduced
Pros
- For those who want to use it to make purchases, transactions with Litecoin are quicker and much cheaper than those with Bitcoin, the most widely used virtual exchange currency to date. LitePay, a payment system based on Litecoin and aimed at spreading this currency among traders all over the world, has recently been launched. Litecoins can also be obtained by mining, i.e. using the computing power of one or more computers to add a transaction block to the blockchain, the basic structure of the system (a block is rewarded with 25 Litecoins). The same does not apply to all other cryptocurrencies. The value of a Litecoin is still relatively low: investing small or large sums in this currency is therefore much easier. The age of Litecoin gives it some security in the eyes of investors and presents it as a valid candidate to diversify its virtual portfolio. The fact that a ceiling of as much as Litecoin 84 million (four times as many Bitcoins as planned) is envisaged gives investors ample room for maneuver and makes buying interesting even in the medium to long-term.
Cons
- If Litecoin's system is faster than Bitcoin to execute financial transactions, Ripple and Ethereum in comparison are extremely faster. Short-term financial speculation with some of Litecoin's most recent cryptocurrencies, including Ripple, seems more interesting: this currency, for example, has increased by 36,000 %, compared to 5,000 % for Litecoin. There are digital coins with a lower unit value than Litecoin, whose purchase is potentially even simpler. The system of contracts for difference also makes it possible to speculate even with Bitcoins. The evolution of some cryptomonads and their technologies, such as Ethereum with the Enterprise Ethereum Alliance, is supported by large companies and banks. This fact alone makes you understand the importance that some virtual currencies are assuming in the world economy, to the detriment of others.
Pros
- As if this were not enough, look at the reasons why investing in Litecoin can be a good move for the chess of your income: 1.- Litecoin has a high security. This makes it very difficult to counterfeit and you can feel secure about the money you invested in it. If you want to buy litecoins you do not have to worry about them being stolen, but about the fluctuations in the market. Cryptocurrencies are not like fiduciary coins that you can lose in your wallet, you can be robbed by someone in the street or you can suffer cloning of your bank cards. 2 .- It is one of the cryptocurrency of major circulation: and you know that the value of these is given by users, so the more people execute transactions with Litecoin the more its price will continue to increase. Also, Litecoin is the second cryptocurrency with the largest ATM network in the world - you know which is the first one. 3. Easy to use: it is true that Bitcoin is the most widely used worldwide, but due to its similar operations, you can use Litecoin in applications or stores that are compatible with Bitcoin. 4.- Litecoin is very efficient: this is because its operations take much less time to complete than Bitcoin operations, which means that you can manage your time much better. This is one of the reasons that has made more and more people use to use this cryptocurrency in the transactions of their day to day. 5.- You can get good profits: as mentioned above, Litecoin is one of the fastest growing cryptocurrencies, which means that if you know how to do the transactions correctly (buy down and sell at high) you can get very good profits .
Cons
- The creator of Litecoin would not buy his own cryptocurrency again........
Pros
- what is the difference between me and you
Cons
- You talk a good one, but you don't do what you supposed to do
