Litecoin is a newer of the crypto-currencies that has seemed to do pretty well as of late, and when I say newer it has been out since 2011 as a lightweight alternative to Bitcoin; the two key differences between them are: - Litecoin's smaller time intervals between adding new blocks to its Blockchain, which is supposed to decrease transaction times; - Litecoin's mining is governed by the Scrypt algorithm, as opposed to Bitcoin's SHA 256. The purpose of this is to restrict ASIC miners and allow users to efficiently mine Litecoin on regular PC's; it was working as intended for some time until Scrypt ASICs were developed. Since its creation, Litecoin has been very popular, with an almost constant presence in the top 5 of cryptocurrencies by market capitalization (albeit never beating Bitcoin in that regard).
I may also add that the price to get into Litecoin began in 2011 at less than $.05 cents per coin and is now up to $207.42 per bit coin and is projected to be well over a thousand dollars a coin within just the next year. I believe this to be one of the cryptos that will definably be one to watch in the coming months and into the next few years. I would say get you some now and make a bit of cash. While bitcoin has made its impact and seems to not be going anywhere, Litecoin is something to look into for those of you looking to get in make the cash and get out, but then again who knows where it’s going for sure!
Best of Luck
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Dayzie~