Bitcoin (BTC) vs Litecoin (LTC) Comparison
On this page, you can compare Bitcoin (BTC) with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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User rating
| 2 user reviews | 5 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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Type
| coin | coin |
Founding Date
| 2009 | 2011 |
Country
| International | International |
Languages
| No data | No data |
Team
| Not Public | Public |
Protocol
| Public blockchain | Public blockchain |
Current price (USD)
| 94840.7140 | 84.3354 |
All-time high (USD)
| 20089.0000 | 375.2900 |
Price change (24h)
| 2.96 | -1.55 |
Volume (24h)
| 6481148069.87800 | 34171300.12742 |
Hashrate
| 93000000000 | 165730 |
Max Supply
| 21000000.00000 | 84000000.00000 |
Total supply
| No data | No data |
Circulating Supply
| 19785196.00000 | 75218939.48347 |
Transaction speed / Block time
| 7 | 56 |
Transaction fee
| 1 | No data |
Mining profitability
| No data | No data |
Algorithm
| SHA-256 | Scrypt |
Proof type
| PoW | PoW |
Fully premined
| No data | No data |
Smart contract address
| No data | No data |
Total coins mined
| 18433468.00000 | 65464957.99676 |
Is trading
| yes | yes |
Block reward
| 6.250000000000 | 12.500000000000 |
Block time
| 600 | 150 |
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 5 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
| About |
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
|
Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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|---|---|---|
| Type | Type coin | Type coin |
| Founding Date | Founding Date 2009 | Founding Date 2011 |
| Country | Country International | Country International |
| Languages | Languages No data | Languages No data |
| Team | Team Not Public | Team Public |
| Protocol | Protocol Public blockchain | Protocol Public blockchain |
| Current price (USD) | Current price (USD) 94840.7140 | Current price (USD) 84.3354 |
| All-time high (USD) | All-time high (USD) 20089.0000 | All-time high (USD) 375.2900 |
| Price change (24h) | Price change (24h) 2.96 | Price change (24h) -1.55 |
| Volume (24h) | Volume (24h) 6481148069.87800 | Volume (24h) 34171300.12742 |
| Hashrate | Hashrate 93000000000 | Hashrate 165730 |
| Max Supply | Max Supply 21000000.00000 | Max Supply 84000000.00000 |
| Total supply | Total supply No data | Total supply No data |
| Circulating Supply | Circulating Supply 19785196.00000 | Circulating Supply 75218939.48347 |
| Transaction speed / Block time | Transaction speed / Block time 7 | Transaction speed / Block time 56 |
| Transaction fee | Transaction fee 1 | Transaction fee No data |
| Mining profitability | Mining profitability low | Mining profitability low |
| Algorithm | Algorithm SHA-256 | Algorithm Scrypt |
| Proof type | Proof type PoW | Proof type PoW |
| Fully premined | Fully premined No data | Fully premined No data |
| Smart contract address | Smart contract address No data | Smart contract address No data |
| Total coins mined | Total coins mined 18433468.00000 | Total coins mined 65464957.99676 |
| Is trading | Is trading yes | Is trading yes |
| Block reward | Block reward 6.250000000000 | Block reward 12.500000000000 |
| Block time | Block time 600 | Block time 150 |
Social
Website
| bitcoin.org | litecoin.org |
| No data | @LitecoinProject |
| Website | Website bitcoin.org | Website litecoin.org |
|---|---|---|
| Twitter No data | Twitter @LitecoinProject |
Advantages
| - Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. | Open-source Network Decentralized Transactions Fees |
Disadvantages
| - Attack 51%; - Illegality in many countries; - Unpredictable rate. | Has some branding issues |
Rating
| User rating | User rating 2 user reviews | User rating 5 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - Anonymity; - Small commissions; - High translation speed; - Blockchain technology; - The new payment method officially legalized in a number of countries. | Advantages Open-source Network Decentralized Transactions Fees |
| Disadvantages | Disadvantages - Attack 51%; - Illegality in many countries; - Unpredictable rate. | Disadvantages Has some branding issues |
Bitcoin (BTC) user rating is 2, based on 2 user reviews. Litecoin (LTC) user rating is 5, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
At the moment Bitcoin (BTC) price is 94,841.714. Its 24h volume is 6,481,148,070.878. 24h price change is 3.96.
Bitcoin (BTC) max supply is 21,000,000.0. The circulating supply is 19,785,196.0.
Bitcoin (BTC) hash rate is 93000000000. Bitcoin (BTC) transaction speed/block time is 7. Block reward is 6.25.
At the moment the number of coins mined is 18,433,468.0. Mining profitability is low.
Bitcoin (BTC) Cryptogeek user rating is 2, based on 2 user reviews.
Litecoin (LTC) price is 84.3354. Its 24h volume is 34,171,300.12742. 24h price change is -2.55.
Litecoin (LTC) max supply is 84,000,000.0. The circulating supply is 75,218,939.48347.
Litecoin (LTC) hash rate is 165730. Litecoin (LTC) transaction speed/block time is 56. Block reward is 13.5.
At the moment the number of coins mined is 65,464,958.99676. Mining profitability is low.
Litecoin (LTC) Cryptogeek user rating is 5, based on 5 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
An important lesson: do not believe the news, study the topic yourself.
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Bitcoin (BTC) with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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