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RE: Charlie Lee, Litecoin Creator: "For Litecoin To Be Fully Decentralized, I May Need To Step Away"

in #bitcoin7 years ago

Litecoin is one of the first crypto coin after Bitcoin, that gained so much limelight and tagged as Silver to Bitcoin Gold. It is developed on core code of Bitcoin, containing many features similar to Bitcoin still stand different from it. Block transactions can be almost instantaneous and generally never exceed five minutes. It uses SCRYPT algorithm for mining, continuously proving it's worth and logevity. It is the most stable coin in the market. Some even believe it will one day overtake Bitcoin as the “Crypto King” making it a very popular cryptocurrency throughout the community