RE: Litecoin Officially Hits $50 USD

You are viewing a single comment's thread from:

Litecoin Officially Hits $50 USD

in litecoin •  8 years ago 

Yeah too early to tell. I'm pretty bullish on Ethereum, but there is really no cap on the number of ETH, whereas LTC has a cap of 84,000,000, 4x that of BTC. We shall see, too early to call.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Is there any plan to cap the number of ETH? I thought I heard somewhere that new coins would drop off big time with the switch to POS. Not sure if that was true or not.

I heard the same, that the algorithm for mining would be changed heavily to discourage mining, but I don't remember when that would happen.