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Litecoin ( LTC )

28
Total Score 7.5
Design
7.0
Performance
9.0
Usability
8.4
Functions
7.0
Support
6.4

Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Inspired by and technically nearly identical to bitcoin (BTC), Litecoin creation and transfer is based on an open source protocol and is not managed by any central authority.

Statistical data provided by Coinmarketcap.com
Litecoin ( LTC )
7.5 Total Score
5 reviews
Add your review
Design
7.0
Performance
9.0
Usability
8.4
Functions
7.0
Support
6.4
5 Comments
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  1. Andrey 1
    Andrey 1 March 19, 2017 at 10:16 am
    1.8
    Design
    0
    Performance
    60
    Usability
    80
    Functions
    0
    Support
    40

    Copy-past coin which was made in 5 minute. No development, no promotion, no innovation. Forget about LTC.

    Helpful(1) Unhelpful(13)You have already voted this
  2. nor_turing
    nor_turing March 19, 2017 at 12:16 pm
    4.8
    Design
    100
    Performance
    100
    Usability
    100
    Functions
    100
    Support
    80

    Great cryptocurrency. Fast confirmation times, cheap transaction fee. Unique use cases compared to Bitcoin. Active development and reddit community.

    Probably the only cryptocurrency with a recognizable brand name besides Bitcoin.

    AKA the Bitcoin reserve currency.

    + PROS: -Scales better than bitcoin. -Fast confirmation time. -Active development -Bitcoin and Litecoin are the only cryptocurrencies with a recognizable brandname. -
    - CONS: -The creator could use more energy on parading his own cryptocurrency and interacting with the community.
    Helpful(6) Unhelpful(2)You have already voted this
  3. Maemon
    Maemon March 19, 2017 at 8:31 pm
    4.3
    Design
    90
    Performance
    100
    Usability
    70
    Functions
    100
    Support
    70

    Litecoin is the silver to bitcoin’s gold that has stood the test of time! 😀

    + PROS: - Fast (4x faster confirmation times than bitcoin) - More scalable than bitcoin by default - Top 3 in terms of security (money invested into hashing power) - Cheap transaction fee
    - CONS: - Not the most user friendly - The community is not as supportive to newcomers as lets say.. dogecoin
    Helpful(8) Unhelpful(2)You have already voted this
  4. omgosaurus
    omgosaurus March 19, 2017 at 9:57 pm
    4.3
    Design
    70
    Performance
    100
    Usability
    70
    Functions
    100
    Support
    90

    People have ignored Litecoin for years, but it has remained a consistent store of value that is supported by many exchanges. Litecoin, with the agreement of participation from most of the hashrate leading pools, is at the door of activating Segregated Witness. A potential investments opportunity, a LTC value and usability will definitely increase.

    + PROS: -High hashrate support that allow a fast secure chain. -Very low transaction fee -High developement potential with 'segwit' activation - IOS/Android Mobile wallet - Miners add value with merged mining
    - CONS: -Very resilient to price(LTCUSD) change; -Not very proactive in developpement; it got its code and core from BTC ; (Subject to change with segwit deployment) -It does noting exceptional except what BTC currently suck at.
    Helpful(5) Unhelpful(2)You have already voted this
  5. finitemaz
    finitemaz March 20, 2017 at 1:06 pm
    3.7
    Design
    90
    Performance
    90
    Usability
    100
    Functions
    50
    Support
    40

    Overall, a well established coin. No fairy dust scam utility to attract gamblers, but it’s one of the best out there.

    + PROS: Silver to bitcoins gold. Same functions, but much faster, capable of 4x the transactions. Greater possibility of segwit activation.
    - CONS: Follows Bitcoins footsteps. Less support over the last couple years after ATH crash
    Helpful(2) Unhelpful(0)You have already voted this

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