The simple answer is that Litecoin IS faster than Bitcoin. It takes Bitcoin 10 minutes to mine a block but it only takes Litecoin around 2.5 minutes. Because Litecoin makes more blocks it’s easier to get a transaction on the Litecoin blockchain.
Is Litecoin a better investment than bitcoin?
Of course, all these key differences make litecoin a better investment but only for small merchants. However, in terms of market capitalization Bitcoin is something that other currencies like dogecoin on the list can’t even compete with. It is still at the top of the list with a total market value of $866.23 billion.
What is Litecoin and how does it work?
What Is Litecoin and How Does It Work? Litecoin is a shared (P2P) virtual cash, and that implies it isn’t managed by a focal power. The Litecoin network gives moment, almost zero installments that can be made by people or associations anyplace on the planet.
