Over past few years public's interest in cryptocurrencies increases drastically . Most famous cryptocurremcy in the market is
bitcoin. Litecoin is launced in october 2011 . According to creators litecoin could act as secondary cryptocurrency of bitcoin.
Gold is higher kind of precious metal than silver. Price of litecoin is $42.26369408.
Difference between Bitcoin and Litecoin.
One of the main difference between these two currencies that how much coins they can produce . Bitcoin can never exceeds
than 21 million coins. Where litecoin can mine upto 84 million coins.
There is difference between mining algorithms also, Bitcoin makes use of the longstanding SHA-256 algorithm, whereas Litecoin makes use of a comparatively new algorithm known as Scrypt.
Overall Litecoin is good replacement to Bitcoin .