Maybe it's because I'm new to crypto, but I failed to see why LTZ is better than ZEC?
Not necessarily better, but different. How is it different than ZCash?
Is it even competing with ZCash?
Not necessarily better, but different. How is it different than ZCash?
Is it even competing with ZCash?
no one said LTZ is better than other coins. It's another coin. That's all
How is it different then? Why would people use it instead of ZCash?
Well, because many people might not like the dev reward that ZCASH simply pays to itself from the miners. If you don't want to support such a model, LTZ might be the right place for you as they don't rip you off by taking a piece from other peoples' cake.
Thanks. Now, that's an answer I was looking for.
You could have found that out yourself by just doing a little bit of research. If you are not willing to invest any time I am not sure crypto is the right place for you
Risk taking is fine. But you should be able to at least slightly quantify that risk. You don't get more from jumping down a bridge into a dry river with closed eyes if you were allowed to open your eyes beforehand and check whether the river was dry.