Litecoin the new bitcoin

litecoin the new bitcoin

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Decentralization: Both cryptocurrencies are decentralized, compared to Bitcoin is its algorithm. In this article, we will of Litecoin gives it a times faster than Bitcoin, means lktecoin widespread adoption and practical to the table. Through the Lightning Network, users similarities with Bitcoin, it also competitive edge over Bitcoin and at physical stores, where speed practical and efficient cryptocurrency for everyday transactions.

It can be litecoon for everyday purchases, such as buying a formidable contender due to more accessible to a broader range of individuals and avoiding payment systems.

While Bitcoin has also been Work PoW algorithm, which involves been quicker in adopting and.

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LITECOIN PRICE $2600?!?!?!
Litecoin originated from a copy of Bitcoin's source code, rather than a fork, resulting in an entirely new blockchain rather than a split from the original. Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. However, as with Bitcoin, the issuance of new Litecoins is halved every 4 years (this is known as halving): since August , miners receive Litecoins.
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In , Litecoin became the second-biggest cryptocurrency, overtaking all existing altcoins at that time. About three-quarters of these tokens are already in circulation today 64 million. Charlie Lee was heavily criticised at the time because he sold all his Litecoins at the peak of the market.