Are there 3 advantages that make a difference between Bitcoin & Litecoin?

By Lềm Thị Phiến | An an | 6 Jun 2020

1 Transaction speed:

Litecoin's block creation time is only 2.5 minutes, while Bitcoin is 10 minutes, which means Litecoin's transaction speed is much higher than Bitcoin.

2. Algorithm:

Litecoin uses the Scrypt algorithm and Bitcoin uses the SHA-256 algorithm. With SHA-256, Bitcoin mining becomes more and more difficult, while Litecoin's Scrypt makes it easier for miners to access and be more stringent than SHA-256.

3.Supply:

Total number of Bitcoin is 21 million BTC, and Litcoin is 84 million LTC.

Cryptocurrency Bitcoin (BTC) Blockchain BTC Litecoin (LTC)

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