Bitcoin (BTC) vs Litecoin (LTC) Comparison

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Company

User rating

2 / 5 2 user review 5 / 5 5 user review

Cryptogeek rating

4.2 / 5 3.4 / 5

Trust Score

How it works
3.74 / 5 3.98 / 5

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.

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)

90182.4701 74.7132

All-time high (USD)

20089.0000 375.2900

Price change (24h)

2.05 -2.77

Volume (24h)

10848882748.81000 48877619.77081

Hashrate

93000000000 165730

Max Supply

21000000.00000 84000000.00000

Total supply

No data No data

Circulating Supply

19781878.00000 75192908.23347

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 User rating 2 / 5 2 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5
Trust Score How it works Trust Score 3.74 / 5 Trust Score 3.98 / 5
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.
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) 90182.4701 Current price (USD) 74.7132
All-time high (USD) All-time high (USD) 20089.0000 All-time high (USD) 375.2900
Price change (24h) Price change (24h) 2.05 Price change (24h) -2.77
Volume (24h) Volume (24h) 10848882748.81000 Volume (24h) 48877619.77081
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 19781878.00000 Circulating Supply 75192908.23347
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

Twitter

No data @LitecoinProject
Website Website bitcoin.org Website litecoin.org
Twitter 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 / 5 2 user review User rating 5 / 5 5 user review
Cryptogeek rating Cryptogeek rating 4.2 / 5 Cryptogeek rating 3.4 / 5
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?
Trust Score: 3.98 / 5 Write review
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