Difference between litecoin and bitcoin reddit

difference between litecoin and bitcoin reddit

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The Litecoin designer consistently used tax, investment, or financial services negative press, or security issues.

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Difference between litecoin and bitcoin reddit The Bottom Line. You can buy Bitcoin using nearly any cryptocurrency exchange or through a brokerage that supports crypto purchases. Bitcoin Litecoin Block Time 10 minutes 2. There were While Litecoin is based on the same source code as Bitcoin, it shares no common blockchain history. Another of the main differences between Bitcoin and Litecoin concerns the total number of coins each cryptocurrency can produce. Bitcoin is more popular because of its ability to be mined by large farms and mining pools; also, demand for it has risen so high that it commands a very high exchange rate.
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What is Litecoin? LTC Explained with Animations
Now, I understand that Litecoin was initially a copycat clone of Bitcoin where they just changed one proof-of-work algorithm for another and. So if say you would call shib or doge a shit coin then Litecoin is diarrhea. I hold it, not much 10% of my crypto but watching my other holdings. Litecoin used to trade as a 'precious metal' but its actual highest and best use appears to be as a utility for transmitting value rapidly.
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