For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin vs. Bitcoin vs. Ethereum: The Differences. According to the CoinMarketCap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh as shown below: Despite their popularity, their intentions are entirely different. Although Monero beats Bitcoin on things like privacy, fungibility, transaction fees, and mining algorithm, Bitcoin definitely beats Monero when it comes to the "network effect", or amount of people using Bitcoin vs. Monero. Put in work and support what you believe in not just financially but socially and productively, New comments cannot be posted and votes cannot be cast. In the end, I think ETH is going to be top dog because the price is probably the least interesting thing about it. Charlie could be doing a few more things to help litecoin adoption but honestly the community here is very lazy. Perhaps start some Litecoin alternative alliance reaching out to companies to join such things. Litecoin never did and still doesn't have anything close to that. As mentioned earlier, Litecoin uses a different hashing algorithm known as Scrypt, in contrast to Bitcoin’s SHA-256 algorithm. Since the Ethereum blockchain was designed to be a platform for decentralized application services, the team decided not to cap the supply. We should be promoting litecoin ourselves. See CrzyJek's post. You can verify that block time by checking here.. The most interesting thing about ETH is the tech. That's not my focus of the post. I've said it then and I'll say it now. he has a lot of money. The altcoin even experienced a degree of merchant adoption in its early years. But I own 5x more ETH because I believe ETH is the future of the internet. Here is why I think Ethereum is one of the strongest projects in crypto right now. Litecoin was built on the original bitcoin codebase. And this year specifically where edge on the crytoworld has favour moving to Ethereum. Litecoin is a fork, or split, off the original cryptocurrency Bitcoin, which was envisioned as peer-to-peer digital cash. New comments cannot be posted and votes cannot be cast. Blocks are mined every 10 to 20 seconds. Its popularity faded somewhat as the Not too many people will be surprised to learn that Litecoin is a very cheap blockchain to use. As mentioned, Bitcoin is the original blockchain that began to operate in 2009. Reason vitalik can do everything he does is because...he's priviliged i.e. And I think that's by design. Litecoin will be better than Eth. I hate to say it but you sound like a kid throwing a tantrum. How is the community supporting the tech? /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/ReredditLink.f7b66a91705891e84a09.css.map*/ month!!! For a long time, that was the case. Ethereum is a completely different project that is years beyond any other platform as of now. Me me me, typical Ethereum fanboys attitude, they just don't buy into the philosophy of why Bitcoin was created. Even Ripple out of all things has a good PR team and is actively working with companies for adoption. The current market cap is more than $14.5 billion at the moment. If you want mass adoption, you need big companies adopting it. It's not just a currency or a currency lite it's something new. Honestly, I'm torn. Maybe I could get some of you guys to weigh in on this? Litecoin quickly emerged as the second largest digital currency after bitcoin, as measured by market capitalization. Cuz my impression is that you're only in it for the gains and it may not happen for a while. Is Ethereum going to dominate bitcoin. He's a techie. I want to say Ethereum, because I don't see much promise in a Bitcoin lite, tech-wise. I wish more people who are disciples of Satoshi would see the value of LTC. Maybe start a sub dedicated to this? ._2YJDRz5rCYQfu8YdgB_neb{overflow:hidden;position:relative}._2YJDRz5rCYQfu8YdgB_neb:before{background-image:url(https://www.redditstatic.com/desktop2x/img/reddit_pattern.png);content:"";filter:var(--newCommunityTheme-invertFilter);height:100%;position:absolute;width:100%}._37WD6iicVS6vGN0RomNTwh{padding:0 12px 12px;position:relative} I will answer that question for you here today. You can't rely on just the core devs to make the magic happen. There are also some concerns that it has become quite centralised as large mining companies take over the industry. The block time of Litecoin is faster than Bitcoin but much slower than Ethereum, i.e. Nevertheless, Swanson finds it “unlikely that the Ethereum network is generating economic activity equivalent to either Guatemala or Estonia.” Litecoin (LTC) Energy consumption. Ethereum is a decentralized platform created for developing decentralized applications and smart contracts, fueled by gas fees. Also, ETH will need to scale just like Bitcoin and soon. I'm a developer and I wanted to implement Litecoin into my developments, but if Litecoin is doing worse than Ethereum on most fronts, I have to ask why I should even bother with Litecoin? Here is how Litecoin compares with the two largest cryptocurrencies by market cap – Bitcoin and Ethereum. Ethereum has a fucking Alliance and a really good PR team. Litecoin vs. Bitcoin. When comparing Ethereum vs. Bitcoin for an investment, it is essential to understand these currencies’ long-term growth potential. Most of you will have heard of Binance, which started as a popular crypto exchange, but has since expanded into an entire crypto ecosystem.Having launched the Binance Smart Chain (BSC) in September 2020, the platform now hosts smart contract functionality. However, it does not have a good grasp of the corporate world. I have a choice myself. Bitcoin and Ethereum are potentially a better choice for long-term investments. I don't think LTC is going to change the internet. It's driven by news, publicity, etc. Bitcoin Cash (BCH), a fork of Bitcoin, and Litecoin (LTC), a clone of Bitcoin, have risen to be among the most successful of such currencies. Wait until ETH fees are high. I think BTC and LTC have potential to change the Internet, the world in general. Bitcoin or Ethereum. 2 minutes 19 seconds. No wonder you have such a sense of entitlement, you've been hodling for a whole._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Does anyone here think that Litecoin is better than ethereum. It needs Charlie or a spokesperson being highly active getting everything out there. I've seen it all. Here are the main differences and similarities between the three: The latter was also designed as a better Bitcoin alternative, but it comes with way more features than Litecoin. Bitcoin, the original cryptocurrency, was designed to be the first truly peer-to-peer digital cash.. On the other hand, Ethereum takes things one step further. That's because, and I'm pretty sure, this is Charlie's vision. My focus was the troubling PR that's involved with Litecoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Ethereum is a much faster blockchain than both Bitcoin and Litecoin. Nokia made the mistake of stagnation and the dominance of the cellphone market moved from Nokia to Apple, and Samsung soon after. To be fair, LTC will face a similar (but not as bad) a problem if it gets to that volume. r/litecoin For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. What Charlie does can affect a lot in Litecoin because a lot of trust in a coin is often through what it's maker does, Vitalik being a prime example. I've been holding litecoin since it had first raised to $20 so I'm not speaking as someone who's at a particular loss but I must be clear about a few things. There is 2 much money involved at this time. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. But what you did not realize is that Scrypt makes mining more attractive as it … Idk, I really really wanna stay in ltc but I'm considering slowly moving a portion into some other projects. Edit - I'm not trying to shit on LTC but I just think we as a community of LTC supporters are not pulling our weight.
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