Litecoin has a good-natured community and a good roadmap. When Litecoin first launched in 2011, it was said that “if bitcoin is digital gold, then litecoin is digital silver”. Charlie can. It, therefore, becomes … 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. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Does anyone here think that Litecoin is better than ethereum. Bitcoin vs Litecoin vs Ethereum - Which should I Buy? Litecoin will be better than Eth. The altcoin even experienced a degree of merchant adoption in its early years. Wait until ETH fees are high. I've mined and held since 2013. However, it does not have a good grasp of the corporate world. After moving to the Proof of Stake algorithm, Ethereum can become a game-changer. For Ethereum, the blocktime is far quicker, sitting at about 15 seconds which is meant to make it more usable as a platform where lots of transactions are happening at once, not just transactions for the sending and receiving of value. r/litecoin For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. That's not my focus of the post. I don't think LTC is going to change the internet. Charlie needs to get out there like Vitalik. Bitcoin is the most popular cryptocurrency and is … You can verify that block time by checking here.. I have, like all the time in the world....and while not going to dedicate it all, I'd be willing to join in any communication efforts. Ethereum wasn’t designed to be a global payment platform. But I own 5x more ETH because I believe ETH is the future of the internet. I hodl both. The first thing you should know about Bitcoin vs. Ethereum is that they fulfill two very different purposes. I was never expecting crazy gains. This means that it takes about 10 minutes for a new transaction to be processed and included in a … Press J to jump to the feed. 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. Nevertheless, Swanson finds it “unlikely that the Ethereum network is generating economic activity equivalent to either Guatemala or Estonia.” Litecoin (LTC) Energy consumption. 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. Litecoin never did and still doesn't have anything close to that. Will it become the main cryptcurrency people use? 2 minutes 19 seconds. And because Scrypt is less mathematically complex than SHA-256, Litecoin mining is way faster than bitcoin mining. Litecoin is used as a purely digital currency. It's a game of whether I should focus my efforts on development of one coin that I'm starting to think might not succeed in comparison to another. 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. You can't rely on just the core devs to make the magic happen. Idk, I really really wanna stay in ltc but I'm considering slowly moving a portion into some other projects. That's because, and I'm pretty sure, this is Charlie's vision. 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. But tech aside, some coins do those things better. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Put simply, the most interesting thing about LTC is the price and potential Bitcoin fallback position. Bitcoin is the more mainstream and stable of the two, although the bullish sentiment among experts in the field appears to have only grown over the last year for Ethereum. And you're demanding Charlie do this and Charlie do that. Also, ETH will need to scale just like Bitcoin and soon. There is 2 much money involved at this time. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/ReredditLink.f7b66a91705891e84a09.css.map*/ month!!! he has a lot of money. At it's current stage, Litecoin has the potential to compete with Ethereum, but it's inactivity will soon render that moot. Comparing both cryptocurrencies, it is clear that Bitcoin is 6 times larger than Ethereum by market cap. Litecoin vs. Bitcoin. The problem is we are unorganized and no one wants to take control. P.S. The block time of Litecoin is faster than Bitcoin but much slower than Ethereum, i.e. My focus was the troubling PR that's involved with Litecoin. Ethereum’s Ether (ETH) is currently the second most popular cryptocurrency after Bitcoin. Here is why I think Ethereum is one of the strongest projects in crypto right now. When comparing Ethereum vs. Bitcoin for an investment, it is essential to understand these currencies’ long-term growth potential. Litecoin is Bitcoin but lite. New comments cannot be posted and votes cannot be cast. Maybe I could get some of you guys to weigh in on this? Press J to jump to the feed. Bitcoin or Ethereum. This is also not a simple game of holding for years. He's a techie. Eth and Ltc make up a large portion of my portfolio. If we compare the prices the difference is even bigger – over 35 times. It's not just a currency or a currency lite it's something new. 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. As mentioned earlier, Litecoin uses a different hashing algorithm known as Scrypt, in contrast to Bitcoin’s SHA-256 algorithm. Ethereum is a whole new way of computing on the internet. This community is waiting for things in the roadmap, and expecting mass adoption after it. Ltc as a transaction coin could be replaced. I don't have an answer to what the community can do directly right now, but any Litecoin prone company can. Press question mark to learn the rest of the keyboard shortcuts. The latter was also designed as a better Bitcoin alternative, but it comes with way more features than Litecoin. Here is how Litecoin compares with the two largest cryptocurrencies by market cap – Bitcoin and Ethereum. Every time I open up cryptocurrency information outlets I see Vitalik in some new meeting or conference about Ethereum, I see third party developers making intelligent token dapps for ethereum like golem, gnosis and status messenger for the public, and I see massive companies joining in an 'Ethereum Enterprise Alliance' solidarity. I support both ETH & LTC but without the support and development, it's hard to make a comparison. If you want mass adoption, you need big companies adopting it. There is a lot of power behind a decentralized currency. It has much more in common with Bitcoin than Ethereum does. Not selling Litecoin as 'Bitcoin silver' and giving roadmaps with no updates, dates, or blogs. :-/. Think a bit. It doesn't do the coin justice. How is the community supporting the tech? litecoin can also handle smart contracts like ethereum in next 6 months. And then after the fact, we try to sell the pedantic idea that 'litecoin is a currency and ethereum is not', like the masses will care when they can eventually buy their services and goods with ethereum instead of litecoin. If you really want them to invest more time into the LTC project, tip them. Nokia made the mistake of stagnation and the dominance of the cellphone market moved from Nokia to Apple, and Samsung soon after. Move your LTC to ETH. I hate to say it but you sound like a kid throwing a tantrum. Since the Ethereum blockchain was designed to be a platform for decentralized application services, the team decided not to cap the supply. And obviously many of us are looking to make good $$ from it. Honestly if I had to pull the trigger on one and not the other, I would kill off LTC, because the ETH platform is so crucial to the future of crypto. It is a measure of evaluation of mining devices, giving details about the hashrate value, strength of the devices and the speed of the mining calculations of the device. It's not just a currency or a currency lite it's something new. Unlike with the Ethereum software platform, there is no second layer for application development on Litecoin. You're selling a coin as a subset of another coin that will eventually be overtaken by another crypto, and then it'll start to become irrelevant. Is Ethereum going to dominate bitcoin. I hodl Litecoin because if BTC implodes LTC may increase in value. And this is the same shit over and over again. 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} I was making this post because of the balance of development between one cryptocurrency over another. That's fine and all, but that's also the reason why this isn't going anywhere. For a long time, that was the case. But i need to know which company we are targeting collectively to put enough pressure on them to accept litecoin. It's driven by news, publicity, etc. He didn't even attend Consensus because "he'd rather be working on Litecoin." Litecoin, as a hard fork off of Bitcoin, … Litecoin quickly emerged as the second largest digital currency after bitcoin, as measured by market capitalization. That’s because even though Bitcoin is the largest crypto by market size, it is still the first cryptocurrency with a limited scope. Therefore, it’s safe to say that the current market cap size is definitely a huge advantage for Ethereum. It is an impressive feat, given the public’s perception of the silver to Bitcoin’s gold.
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