Quote from: bs.glory on July 21, 2017, 08:35:51 AM

Litecoin can handle a higher volume of transactions thanks to its faster block generation. If bitcoin were to try to match this, it would require significant updates to the code that everyone on the bitcoin network is currently running.

The disadvantage of this higher volume of blocks is that the litecoin blockchain will be proportionately larger than bitcoin's, with more orphaned blocks.

The faster block time of litecoin reduces the risk of double spending attacks this is theoretical in the case of both networks having the same hashing power.
A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with bitcoin.

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Ltc would never overtake bitcoin in terms of it's usage. It wouldn't be able to because litecoin is created to be a silver in cryptocurrency in the first place with bitcoin as gold at the time it was created. Also, even if litecoin is faster to use in sending money, it would still dominate unless all bitcoin users decided to use litecoin as main cryptocurrency to be usef instead of bitcoin. The chance of it happening for now is very low.