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查看     | 回复 1 Pros of Litecoin

Coincoco

Coincoco
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Litecoin is an open source project, which means that it has the capability and flexibility to implement relevant and useful tech improvements, such as SegWit and the lightning network. In that matter, it is an improved Bitcoin version, which is logical since it was a fork of it.

It is considerably faster than Bitcoin, completing transactions in an average of 2.5 minutes, compared to the 10 minutes it takes to perform a similar operation in the latter.

It represents a cheaper option for people looking to perform transactions, with an almost zero transaction fee compared to Bitcoin.

The process of mining can be more straightforward on Litecoin than in Bitcoin (although that concept is debatable,) since it uses the new Proof of Work algorithm.

It was created by a former Google employee, which brings a sense of reliability and trustworthiness to the equation.

It has a less “toxic” community since it doesn’t quite have the reach of Bitcoin.

It is considerably less volatile during market crashes or corrections than some of its peers.

The developers and founders have shown excellent leadership skills throughout time: Charlie Lee left Coinbase as the head of engineering with the intention of focusing full-time on the Litecoin project.

There are atomic swaps between LTC/BTC.

The presence of the Lightning Network, a platform that fosters and promotes faster transactions.

The 84M total supply.

The market cap is very low if you compare Litecoin to other tokens at the top of the market.

Chinese people are fond of it, which is an excellent marketing development since it represents the most significant pool of potential users.

All hardware wallets support Litecoin.

If you have any opinion, welcome and respect your opinion.

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