Difference between BTC and LTC

[Shivam1 428]

Hey my intelligent friends I have a question 

We always use BTC and LTC in crypto currency for trade. We also know BTC and LTC both are coins. But what is the actual difference between these two coins. Please give a useful opinion.

[Whited35 15285]

Litecoin LTC is one of the Altcoin other than oldest Bitcoin. You can find some difference between these two cryptocoins in the crypto world. Bitcoin is highly expensive than litecoin in the cryptocurrency market. And litecoin uses its own blockchain. 

[bliznec 22268]

There are many differences why bitcoin is different from LTC. First of all, these are trading volumes on exchanges of exchanges. Then the price, bitcoin is much more expensive than LTC. 

[rekter 8129]

3 hours ago, Shivam1 said:

Hey my intelligent friends I have a question 

We always use BTC and LTC in crypto currency for trade. We also know BTC and LTC both are coins. But what is the actual difference between these two coins. Please give a useful opinion.

Litecoin uses Scrypt mining algorithm while Btc uses SHA-256. Also Litecoin is mostly being used for testing bitcoin implementations because the codebase is so similar. And there are tons of other stuff like litecoin blocktime is 2.5 minutes while bitcoin has 10 minutes etc...

Edited April 5, 2020 by rekter

[tienda 8776]

Bitcoin is more popular than Litecoin and also the price play a high role about the value. but technology might make it a better currency for spending. and Litecoin transaction is fastest than Bitcoin transaction.

[Ali_hmwi 966]

These informations could help you it helped me I search about your question alot and that what I found , Good luck

[Lover840 0]

10 hours ago, Shivam1 said:

Hey my intelligent friends I have a question 

We always use BTC and LTC in crypto currency for trade. We also know BTC and LTC both are coins. But what is the actual difference between these two coins. Please give a useful opinion.

There is not much more difference. Bitcoin is most popular and valuable cryptocurrency. And LTC is not much more valuable as it has low price and bitcoin is the first crypto currency. 

[BTC Future 3946]

The actual difference between Bitcoin and Litecoin is that Bitcoin is the original idea and implementation of P2P electronic cash, while Litecoin is just a copy paste of the code. Charlie Lee with his limited coding abilities managed to clone Bitcoin and create a copy of it, with 2-3 different options and created hype that it is digital silver. 

The options Charlie changed had to do with the maximum Litecoin supply, which is 4 times bigger than Bitcoin, and with the average block generation time. After Litecoin many devs cloned Bitcoin and created their own versions and their own blockchains.

[Rezort 846]

Well, it is very simple, litecoin was a first fork of bitcoin, that means ltc took bitcoin technology as a base to build its own. I also believe litecoin would reach new high.

[Upright 2688]

The two coins are both basically on the use of the blockchain network technology, as this is more like a similarities. But on the differences on this 2 coins, I might say on that of the btc was more purposely made to represent more of a digital currency but that ltc is more of an online payment method, they even both look the same on what the ltc and btc where even created for

[korazon 589]

LTC is forked of BTC. But its also mined thru GPU same as ETH, I believe ETH and LTC are ASIC resistant which is why BTC miners can't mine them. 

 

The reason why LTC because popular because LEE the creator is a Chinese and the Chinese love betting LTC on casinos. Because of it LTC became valuable. Years ago, there was an Litecoin forum, much like bitcointalk but suddenly disappear though. 

Edited April 7, 2020 by korazon

[bentayebsalah 2280]

There is no big difference between Bitcoin and Litecoin except that Bitcoin controls the Litecoin price and the strength and volume of trading between the two currencies is different.

[magd 5231]

Both are cryptocurrencies, but bitcoin is the main currency and is the highest price. The price of other currencies is related to the price of bitcoin, so I noticed by monitoring the prices, Ltc and Btc can be stored on the blockchain wallet.

[Ch Ayyan 9781]

We could can call btc and ltc different  for many  reasons. Both are crypto  coins but not same. Bitcoin is older then ltc. Also bitcoin  price is high then ltc.

[MrGox 880]

By far the most fundamental technical difference between Bitcoin and Litecoin are the different cryptographic algorithms that they employ. In my opinion BTC makes use of the longstanding  SHA-256 algorithm. But it is a bit different for Litecoin.  

[malik6314193 5449]

Yes both are crypto coins. BTC is more powerful than the LTC. BTC is more expensive and have its price round about 7000$ and while LTC have its price 5$.

[rianpedia 816]

1 hour ago, laska smrtici said:

For me, there is no difference between Litecoin and Bitcoin in terms of programming and the way the currency works, but there is a difference in price and trading volume only between Bitcoin and LTC

More precisely it is the type of coin only, similarities in the system but the difference in terms of market prices is very far. popular bitcoin coins and litecoin as it is still new in the crypto world.

[Ms.o 3322]

The most significant difference between btc and litecoin is the transaction process,bitcoin confirmation time takes longer and expensive while litecoin is faster and very cheap that's why litecoin is more attractive for merchants.

[Jimmy26 987]

Both are coming under cryptocurrency but one thing you have to be makes your dad you have enough knowledge about the currency is that all it is possible you will put your investments in the right place because me and I can see that also there who's value are not so good if you go for investments on those currencies then your money will be stuck for much time I'm and it is worth full to invest there so keep your knowledge and experience to go for englishman's on the safe place that will give you some profit even you will have some experience from there.

[Mohssine 1725]

What different you want . Technically i think  there is no different between LTC and BTC. But we have a different like bitcoin is really expansive than LTC really expansive, and also bit is famous more than LTC , many people know about bitcoin but the didn’t heard about bitcoin.

[Ridam 7455]

The btc broke and ltc was separated i have read this, and ltc and btc are quite similar but the price is completely different and the ltc is also doing good in altcoins section.  Other difference is their high and low popularity.

[Saj555 2250]

Difference between this two coin is quite relevant. Bitcoin is the oldest coin with highest value and litecoin is after added currency with less value than bitcoin. So the both coin has same value. But maybe the bitcoin is above all coin in the market and also it has a great investment value. 

[Trader21 1199]

In my opinion this video can explain difference between LTC and BTC. l hope it will be helpful. 

 

[Calvinpriva 17296]

They are difference because bitcoin is large and have big value than litecoin. But also in usage bitcoin its still the top one, there are many business owners who are using bitcoin in their services more than litecoin.

[bachnhuc8273 231]

On 4/5/2020 at 8:45 PM, Kgn78690 said:

There are a lots of difference between Bitcoin and litecoin first difference is age Bitcoin is created in 2009 while litecoin is created in 2011 and Bitcoin price is high and litecoin price is low as compared to Bitcoin 

yes, and algo 2 coins. The core contrst between the two is that Scrypt requires far less registering power, permitting everyday clients to partae in mining. Bitcoin and Litecoin likewise haven't diverse coin cutoff points and square reward. Bitcoin is constrained to 21 million silver coin, while Litecoin is 84 million.

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