Post
Topic
Board Altcoin Discussion
Re: Advantages of Litecoin?
by
kelsey
on 11/03/2015, 01:29:44 UTC
What are the advantages of Litecoin over bitcoin (or any other altcurrency)?

It's faster, but too fast?
more secure?
is acceptance and an economy emerging, like for btc?

Just some thoughts.. Interested in the forum opinions, thanks.


Its way faster than bitcoin. It is not popular yet. Litecoin founder is not interested in improvements except implementing side chain. There are many new alt-coins with rich features.
False. The confirmations are faster but that's it. The network security is also much weaker.

Raw hash doesn't add security the spread of it does, and in this both btc and ltc are less secure then they previously have been.

Personally anyone who considers any crypto as having bullet proof security is living a fairy land.