Litecoin Vs Bitcoin

in #bitcoin6 years ago

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.


Source

  • 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.

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Bitcoin is still the best and I don't think litecoin can get the place of bitcoin in future

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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