The founder of Litecoin, Charlie Lee predicted Bitcoin’s future issues with payment and took a step to design a more payment-friendly blockchain, eliminating the primary problems by offering timely and cost-effective payments.
After leaving his job at Coinbase, the San-Fransisco based crypto-exchange, Mr.Lee sold his Litecoin to be a supporter of digital currency instead of facing accusations of being a hoarder.
Litecoin has existed in the shadow of Bitcoin, however, in light of recent weaknesses from Bitcoin in the payment front has paved the way for Litecoin to shine.
This week, crypto debit card supplier Wirex has announced it will now support Litecoin for its cards. This integration allows users to spend Litecoin with the company’s card. Furthermore, other coins and crypto currencies can be exchanged into Litecoin, thereby significantly simplifying the process of cashing out a crypto.
According to customers of Wirex, Litecoin is a hefty rival to Bitcoin, offering faster payments, chapter blockchain fees and the potential to become the next payment option in major brand websites.
Litecoin’s faster service and an increased number of maximum coins, of about 84 million are shaping it up to be the faster and more practical alternative to Bitcoin.
More like stealthcoin, glad to see crypto being used.
@whatageek what attracts me to stealthcoin is that it is a network traffic protection mechanism this mechanism makes your transactions completely impossible to find is of great help for those who want to keep everything low profile
Hello @spinpond .Litecoin certainly has the capabilities to top bitcoin in the crytosphere provided it can increase its speed of transaction and have little or no transaction fee also making litecoin tradeable between between cryptos is a huge boost for the coin.
I really do not know litecoin's ability so far it seems profitable thanks for the information
i dont think that anything in the near future can throw btc from its throne. its just too hard. its too damn hard
Another strong competitor of BTC. This really good. Because, competition is always better for the consumer.
Damn, I just sold my litecoin! Ah well, I'll have to sell some freshly mined monero. I did buy some EOS, hopefully that will sky rocket and I can get some more litecoin.😀
Litecoin es rapidez en sus pagos a cualquier parte. Buen Post.
Good news.
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STOPThis is good news for Litecoin. It gives a boost for the cryptocurrency and also encouragement for other coins. As part of the growing community, Blockbasis thinks that most coins have the ability to grow and make dent for themselves. It is only a matter of time before cryptocurrency becomes mainstream.