Litecoin is an open-source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Litecoin development pioneers technologies including Lightning for an instant global settlement of funds and Atomic Swaps for cross-blockchain trustless trading. “Litecoin is a powerful, political and economical tool which anyone, anywhere can use without permission to transact with anyone else in the world and partake in a genuinely global economy.”
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Will Litecoin reach $10,000 by 2025? The short answer is NO WAY! Certainly not by 2025 at least. ... That being said, there is a lot of potentials for the Litecoin valuation to rise higher in the next few years, with a lot of industry experts, investors, and exchanges sharing the same sentiment.
Because of the low transaction fees for Litecoin, the coin can be used more readily. Transactions on the Litecoin network also happen faster (3) than those on the Bitcoin network, on average every 2.5 minutes as opposed to 10 minutes for Bitcoin. But from a technical standpoint, it's not all good news.
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Originally Answered: Does Litecoin have a future? Yes, Litecoin has a future because if we called Bitcoin a Gold then Litecoin could be called a Silver. And another point is that.. Litecoin has a Block time of 2.5 Minutes which was too good for others.
Litecoin has faster block generation. It required 2.5 minutes to mine a litecoin block. The holy grail of mining its faster block generation. Rewards are earned only when blocks are generated, so the faster you can generate those blocks, the better.