Litecoin mining

Litecoin’s primary focus is to act as a medium for transacting payments without a bank or other third-party intermediary . Litecoin was designed to be used for cheaper transactions, and to be more efficient for everyday use. In comparison, bitcoin can often be used as a store of value for long-term purposes.1 Kas 2021

Investing in Litecoin has been incredibly profitable for early crypto investors , and several signs point to a repeat in the asset’s power breakout. If another 10,000 percent rally takes place, Litecoin investment now would be life-changing.

Utilising blockchain technology, litecoin can be used to transfer funds directly between individuals or businesses . This ensures that a public ledger of all transactions is recorded, and allows the currency to operate a decentralised payment system free from government control or censorship.