/biz/ - Business & Finance

WHAT IS LITECOIN?
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

>>30026076
Agree

>>29631169
This is a deadcoin, blud

>>29445065
Noglewomble, when?

>What is Litecoin?
https://litecoin.org/

Litecoin (LTC) is an open source peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin (BTC)

>How is Litecoin different to Bitcoin?
https://litecoin.info/index.php/Comparison_between_Litecoin_and_Bitcoin

One way to view Litecoin is as silver to Bitcoin's gold, in that it is a relatively less valuable cryptocurrency that is easier to obtain and transact with

Litecoin uses scrypt instead of SHA256 for proof of work
Total amount of LTC is 4 times the total amount of BTC
Transactions are 4 times faster than with Bitcoin

>Why invest in Litecoin?
https://litecoin-foundation.org/the-case-for-litecoin/

Litecoin, one of the oldest cryptocurrencies, has proven itself a reliable and secure money with the advantages of name-recognition and high liquidity (available on almost all exchanges), consistently ranking in the top 4 in trading volume. It’s also the second most available coin in cryptocurrency ATM’s. Bitcoin continues to be the ‘gold standard’, but Litecoin has proven itself the silver to Bitcoin’s gold. According to Coinbase’s metrics, Litecoin’s price is 98% correlated to Bitcoin’s

>What's new with Litecoin?

https://decrypt.co/57876/why-litecoins-charlie-lee-hates-to-be-compared-to-elon-musk
https://news.bitcoin.com/litecoin-attempts-to-redeem-its-original-sin-as-ltc-markets-gain-momentum/
https://www.fxstreet.com/amp/cryptocurrencies/news/litecoin-price-prediction-ltc-faces-just-one-key-resistance-level-before-new-high-to-280-202102151627
https://cointelegraph.com/news/record-584m-litecoin-futures-open-interest-signals-institutional-inflow

>Support /LTC/ - Litecoin General