Litecoin vs Bitcoin - The battle continues

4,995 Views · Posted 7 years ago

Ignore the drama of bitcoin. It's time to pay attention to its little brother litecoin.

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Use a credit card to buy ethereum http://bit.ly/2sSqjdX

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Donations
Ethereum: 0x6dbb24c5796d117204d917eb7e3fda1beb1f1bef
Bitcoin: 1DRFx1Jr9jWs93ar13AZCkNDL7V9BebB5E
Litecoin: LfS9rRAYFUFN4R5A6E8e2YrsZmPoE6MgXE
EOS: 0x6dbb24c5796d117204d917eb7e3fda1beb1f1bef
ZCash: t1JqChNouGyThPdaLN9KJ7D5hHFYdn1AEoD

While the folks over at bitcoin argue about a bigger block size or segwit solution and transaction prices continue to climb Litecoin has been quietly working away to upgrade it's technology while offering a superior blockchain technology to bitcoin. I am not suggesting that bitcoin is going anywhere or that litecoin will over take it but litecoin can do something that bitcoin just can't.

For example the block time on litecoin is 4 times faster than bitcoin.

Transaction fees are lower and confirmed faster

The mining technology is different from bitcoins requiring a different type of specialty miner to be created. This gave gamers and other crypto currency miners plenty of time to mine and distribute their coins.

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