The first cryptocurrency created in 2008 was bitcoin. After that a lots of cryptocurrency created. Currently about 2000 cryptocurrencies are in the market, Litecoin is one of them. There are some difference between bitcoin and litecoin, here I will make some point about that.
- Litecoin network can create new block in every 2.5 minutes where bitcoin network takes 10 minutes to create a new block.
- Total number of litecoin is expected to be 84 millions, but number of bitcoin is 21 millions.
- Transaction speed for bitcoin is slower than litecoin.
- Litecoin mining is possible with low configured pc or laptop, where bitcoin needs high configured machine to make mining profitable.
- Litecoin can make high amount of transaction than bitcoin at a time.
Litecoin is nearly similar to bitcoin, but we can say that the litecoin is the faster version of bitcoin. Thanks for visiting my blog. Goodbye today.
Bitcoin is still the best and I don't think litecoin can get the place of bitcoin in future
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yes , but litecoin will try to reach in future if btc fails to increase its price. Because in one word litecoin is the faster version of bitcoin.
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You got a 71.43% upvote from @sleeplesswhale courtesy of @steemitgeek!
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You got a 29.51% upvote from @sleeplesswhale courtesy of @carnation!
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You got a 63.06% upvote from @sleeplesswhale courtesy of @steemitgeek!
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