Litecoin Vs Bitcoin

The first cryptocurrency created in 2008 was bitcoin. After that a lots of cryptocurrency created. Currently about 2000 cryptocurrencies are in the market, Litecoin is one of them. There are some difference between bitcoin and litecoin, here I will make some point about that.

• Litecoin network can create new block in every 2.5 minutes where bitcoin network takes 10 minutes to create a new block.
• Total number of litecoin is expected to be 84 millions, but number of bitcoin is 21 millions.
• Transaction speed for bitcoin is slower than litecoin.
• Litecoin mining is possible with low configured pc or laptop, where bitcoin needs high configured machine to make mining profitable.
• Litecoin can make high amount of transaction than bitcoin at a time.

Litecoin is nearly similar to bitcoin, but we can say that the litecoin is the faster version of bitcoin. Thanks for visiting my blog. Goodbye today.