Community post
Litecoin Vs Bitcoin
The first cryptocurrency created in 2008 was bitcoin. After that a lots of cryptocurrency created. Currently about 2000 cryptocurrencies are in the market, Litecoin is one of them. There are some difference between bitcoin and litecoin, here I will make some point about that.
https://i.postimg.cc/Z5rtW1Nf/bitcoin-litecoin.jpg
- Litecoin network can create new block in every 2.5 minutes where bitcoin network takes 10 minutes to create a new block.
- Total number of litecoin is expected to be 84 millions, but number of bitcoin is 21 millions.
- Transaction speed for bitcoin is slower than litecoin.
- Litecoin mining is possible with low configured pc or laptop, where bitcoin needs high configured machine to make mining profitable.
- Litecoin can make high amount of transaction than bitcoin at a time.
Litecoin is nearly similar to bitcoin, but we can say that the litecoin is the faster version of bitcoin. Thanks for visiting my blog. Goodbye today.
Replies (9)
You got a 63.06% upvote from @sleeplesswhale courtesy of @steemitgeek!
Bitcoin is still the best and I don't think litecoin can get the place of bitcoin in future
You got a 29.51% upvote from @sleeplesswhale courtesy of @carnation!
yes , but litecoin will try to reach in future if btc fails to increase its price. Because in one word litecoin is the faster version of bitcoin.
You got a 28.84% upvote from @whalecreator courtesy of @carnation! Delegate your Steem Power to earn 100% payouts.
You got a 71.43% upvote from @sleeplesswhale courtesy of @steemitgeek!
The force is with you! You got a 36.84% upvote from @steemyoda courtesy of @steemitgeek!
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The force is with you! You got a 36.84% upvote from @steemyoda courtesy of @carnation!
http://ultraimg.com/images/2018/02/27/n8qb.gif
The force is with you! You got a 56.52% upvote from @steemyoda courtesy of @steemitgeek!
http://ultraimg.com/images/2018/02/27/n8qb.gif