The peer-to-peer cryptocurrency that is Litecoin, is designed to serve as digital money after it was founded by Charlie Lee in October 2011 as a hard fork of Bitcoin and has been called the silver to Bitcoin’s gold.
Despite Litecoin being one of the oldest cryptocurrencies in the space, the long term goals of the project have been questioned over the years. Technologies in the blockchain space are always improving, so their development is quite significant leaving Litecoin with a lot of competition. There are new and old cryptocurrencies that can offer better technological solutions and have bigger communities than Litecoin but the team behind LTC are one of the most experienced around.
The team at Litecoin has targeted their focus on the active integration of technological innovations and its global adoption as a payment system to maintain and strengthen its position in the cryptocurrency markets. Without this work, they could lose a massive chunk of its market share and fall…
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