Bitcoin and Litecoin – How Are They Different?
After Bitcoin’s introduction in 2009, the public's interest in everything cryptocurrency-related has been on a steady rise. Even though Bitcoin is synonymous with digital money in many ways, there are hundreds of non-Bitcoin cryptocurrencies available today.
In this article, we want to focus specifically on Litecoin. In the world of cryptocurrency, Bitcoin is often referred to as gold and Litecoin as silver. But are they competitor cryptocurrencies, or are they complementary?
A Brief History of Bitcoin vs. Litecoin
Bitcoin rules the cryptocurrency market, and it can be tough for other digital coins to stand out. However, despite Bitcoin’s domination and the overall crowded field of digital money, Litecoin has stood up well to the competition. In fact, as of March 2021, Litecoin has th...