Litecoin; From Bitcoin’s Cousin to Ethereum’s Nightmare

Litecoin was created to be a faster and cheaper Bitcoin, aiming to improve the scalability and efficiency of the massive peer-to-peer platform. Now, it has opened the doors of opportunity by expanding its blockchain network to rival the capabilities of Ethereum.

    • Litecoin changes the landscape of peer-to-peer currency exchange, decreasing time and cost
    • Smart Contracts, DAOs, Tokenised Assets, and NFT functionality are now on the blockchain
    • From “Bitcoin’s silver” to the “Ethereum Killer” with the introduction of OmniLite

Litecoin was developed as a peer-to-peer cryptocurrency on a public blockchain network aiming to improve the scalability, speed, and efficiency of Bitcoin, the largest and oldest Cryptocurrency. Historically, Litecoin has not contained smart contracts and was designed to accomplish the same job as Bitcoin but at a cheaper and faster rate. Compared to Bitcoin, Litecoin …

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