Litecoin is proof that if a coin has a nice sounding name, it can find followers regardless of the tech behind it.
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Litecoin is proof that if a coin has a nice sounding name, it can find followers regardless of the tech behind it.
Litecoin was the first fork off bitcoin that made it, with the argument that using the EXACT same code EXCEPT the PoW algorithm. They swapped out SHA256 for SCRYPT to prevent ASIC miners. Well today we have ant miner ASICS and other brands that mine SCRYPT coins... So the "benefits" that the ORIGINAL concept of Litecoin was created out of is already flawed and defeated.. ASIC proof was the marketing term of Litecoin.. Funny we NEVER hear that term anymore ;)