Is Litecoin a Better Investment Option over Bitcoin?
Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features: To regulate the generation of LTC units To verify the transfer of funds and secure transactions network WHAT IS LITECOIN VALUE? LTC is one of the top-10 cryptocurrencies listed in Coinmarketcap.com. It is traded around the globe with the most common trading pair being Bitcoin ( LTC/BTC ), Tether (LTC/USDT), and (LTC/INR) in the Indian scenario. Just like BTC, Litecoin prices are also determined by the markets’ perceived value by supply & demand At the time of writing, the price of 1LTC is $48.3 which is Rs.3556.60 in the INR market. ...