Like bittoin, light cone is a decentralized peer-to-peer cryptocurrency, which is not operated and controlled. Due to the number of user-centered benefits on bitcoine, LightCon soon became the second most cryptocourrency - a place that still exists today. People call this gold bedcrew "silver", it is a factor that ensures smooth adoption between traders and users by this date.
Since users have noted, in the case of light coin, the transaction confirmation time is four times faster than the bitcoin. In addition, miners prefer light quinine due to relatively less block production time, i.e. 2.5 minutes in case of bitcoin, which is approximately 10 minutes.
Finally, Lightcore uses the S-crypt algorithm: a rigorous sequential memory function that was first considered by Colin Percyal. It is said that this function is considered to be an important advantage in Bitcoine's SHA256 algorithm particularly with regard to fast and cost effective mining techniques. Therefore, a personal miner can choose light coin on bitcoine because it saves money and time. [We'll tell it in a different light quoin mining section]
Bitcoin Litecoin
Total Coin Limit 21 Million 84 Million
Average Block Confirmation Time 10 Minutes 2.5 Minutes
Algorithm SHA256 S-Crypt
Block Reward Halves every 210,000 blocks Halves every 840,000 blocks