Finally, would Litecoin be the best alternative to the bitcoin?

In the jungle of cryptocurrencies, few currencies can afford to compete with the aura that the BTC has with investors and the general public. As a safe haven and sure for the subconscious of the insiders, the fact remains that the Bitcoin has technical limitations which at present discourages its use as a means of payment.

If we dismiss the Ether which is not really a currency but a tool that creates a decentralized network, some competitors can claim to do better than the illustrious Bitcoin. This is the case of Dash, Monero, Zcash but also Litecoin. And this is precisely what Litecoin, based on the source code of BTC, has, but has certain assets that would seem, in the long run, to be able to do better.

Make way for the great Segwit!

With the activation of Segwit last May, Litecoin allows better transactions, faster and cheaper than its comparse. This protocol also solves the problem of scalability suffered by bitcoin and even Ethereum. But what also makes all the interest of this currency, is that just like the king, it will be diffused in limited quantities. Only 84 million tokens, of course fractionable, will be available in all and for all.

A future risk for BTC holders?

An element that is likely to tip the balance in favor of the alt and especially LTC, is the future fork to come on the blockchain of the bitcoin. It may very well, that panicked, investors, withdraw their positions to Litecoin, if two blockchain emerge at the exit of this fork. From the fact that its capitalization surpasses that of the emblematic crypto, there is only one step. I sincerely think that traders can soon throw their sights on LTC for its easy and fast. Let us not forget also that the development on this blockchain is more and more active.

All this to say that LTC is underestimated at the moment and I am convinced that it will be part of the trio of crypto heads in the future.