Litecoin, with more coins issued, may have more liquidity than Bitcoin —but the scarcity of Bitcoin may make it more valuable. The prices of Bitcoin and Litecoin are notoriously volatile, but Bitcoin’s price is consistently orders of magnitude higher than the price of Litecoin.
Read moreIs Litecoin built on ethereum?
Ethereum is a blockchain platform. Ether is the cryptocurrency that’s created by the Ethereum blockchain platform. The unique feature of Ethereum is the functionality of a smart contract. Litecoin is created in the image of Bitcoin .
Read moreWho owns LTC Crypto?
LitecoinOriginal author(s)Charlie LeeInitial release0.1.0 / 7 October 2011Latest release0.18.1 / 11 June 2020Code repositorygithub.com/litecoin-project/litecoinLitecoin – Wikipedia en.wikipedia.org › wiki › Litecoin
Read moreWhat is the purpose of Litecoin?
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
Read moreIs Litecoin worth buying?
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.
Read moreWhat can you do with Litecoin?
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.
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