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.