Litecoin's prospects in its reliability

in #crypto6 years ago (edited)

Now the "51% attack" will cost $ 68,000 per hour
At this stage of market development, analysts are increasingly eyeing the technical side of crypto assets. The network Litecoin shows a fairly high quality stability. If you analyze the hashed network Litecoin, you can see a significant increase, and especially over the past 3 months.

"The Litecoin network hash has increased from 143.4 TH / s to 342 TH / s" - according to Bitinfo
Hashrayt Ethereum has slightly lower rates, and in comparison with Bitcoin Cash, Litecoin has more active addresses and the number of transactions.

Using the same "ASIC" increased the processing power of the LTC network. If we talk about a possible attack of 51% - its cost to the organizers is also gradually increasing.

Charlie Lee on the technical characteristics of Litecoin
These characteristics of the network can only favorably influence the choice of investors, since the reliability of the network, after the last 51% attacks, should not be neglected. Confidence in the crypto-act was expressed by founder Charlie Lee. Do not forget about the sufficient choice of mining pools that work with Litecoin. And this also indicates reliability and protection. Miner attracts sufficient compensation for the block, and the price of the crypto currency in the market. Litecoin is also considered one of the liquid assets, which can easily be exchanged for Fiat, using services and platforms.

"Litecoin received an overall rating of C + rated Weiss. This is the final mark, which combines the level B, assigned to the technology and the degree of its adoption, as well as the level of C + for the ratio of risk and profitability of the coin "
The behavior of the miners and their interest in the asset, can only favorably affect the optimistic mood of investors.

http://hyipstat.top/blog.php?id_n=3741

Sort:  

This user is on the @buildawhale blacklist for one or more of the following reasons:

  • Spam
  • Plagiarism
  • Scam or Fraud

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.029
BTC 68144.21
ETH 2432.74
USDT 1.00
SBD 2.54