Difference between BTC and LTC

[pericor15 2]

Bitcoin (BTC) es conocida como la primera criptomoneda digital de fuente abierta y peer-to-peer desarrollada y lanzada por un grupo de programadores independientes desconocidos llamado Satoshi Nakamoto en el 2008. Bitcoin no tiene ningún servidor centralizado utilizado para su emisión, transacciones y almacenamiento, ya que utiliza una tecnología de base de datos pública de red distribuida llamada blockchain

[CryptoLover21 0]

Litecoin is newer than bitcoin and the value of litecoin is less than bitcoin in crypto market and user of litecoin is also less than bitcoin user because bitcoin is oldest and trustable. So bitcoin is popular than any cryptocurrency. 

[Moaz 7239]

I think that Bitcoin and Litecoin are two of the most similar crypto currencies, especially in terms of codebase. As for the difference, it is in the price of both Bitcoin and Litecoin in the crypto market and the size of each currency’s share in the exchange.

[Captain Karim 0]

The two currencies are similar in terms of usage and is the processing of payments, but they differ in the mining algorithm, also if Bitcoin is considered digital gold then Litecoin is considered digital silver.

[Brushless4500KV 4214]

There are some main differences and some similarities between Litecoin and Bitcoin. Bitcoin is a coin with a much higher mining difficulty. It is older than Litecoin and has a much bigger share of the market (higher market cap). Both coins have similar ecosystems which is proof of work. The supply of bitcoin is limited to 21 million but Litecoin is much higher at 84 million coins. In terms of transaction speed, Litecoin is almost four times faster than bitcoin. They use different algorithms. Bitcoin uses SHA-256 but Litecoin is a Scrypt coin. This is how they compare.

[BitcryptoHan 2557]

1 hour ago, Captain Karim said:

The two currencies are similar in terms of usage and is the processing of payments, but they differ in the mining algorithm, also if Bitcoin is considered digital gold then Litecoin is considered digital silver.

@Captain Karim How is bitcoin and litecoin mining algorithm differs? I will appreciate your explanation. 

The reason I asked is because you said the process of payment are similar but the payment part lies in the algorithm. 

[Thekingcallme 1975]

I think there is no difference between BTC and LTC coin very much and both processes have the same advantages only the difference completes in trading volume and price

[Raqeebzy 6456]

On 4/7/2020 at 5:57 PM, Rezort said:

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.

Your are wrong my friend. Litecoin is not a fork of, it is a separate cryptocurrency with a different blockchain so it's an altcoin. Although Litecoin blockchain technology is somehow related to bitcoin, the first bitcoin hard fork is BitcoinXT

[Wilmer Garcia 0]

Very good your question between Bitcoin (BTC) and Litecoin (LTC) there are several differences one of the most relevant is the commission fee when making the withdrawal of our money as you know it is much better to withdraw from Ltc than from Btc I think this is one of the most important differences to keep in mind that in mind that in mind that

[Virgil dijk 1431]

Well the both of them are cryptocurrencies, the difference is that bitcoin is the oldest and also it has a very high price and a very great potential, while lithcoin hasn't been long in crypto and it's price is still very down and it also has a good potential too.

[ETheHedgehog 3104]

litecoin is a coin that uses a different blockchain technology than bitcoin, created as a competitor to bitcoin

[koussai999 1986]

There are many differences for you. First, you must define your question and find the differences that you would like us to explain to you. From these differences, we can know what we define for you and where we will do the comparison.

[Omar Ommeish 4872]

There are many differences between the two currencies, one of which is that the LTC network is faster than the Bitcoin network, but in contrast, the bitcoin price is greater than the LTC price.

[Zalaks007 543]

Bitcoin is the first cryptocurrency to ever created while litecoin come some years after and litecoin is among one of the altcoin that is doing very good. There market values are even different bitcoin being the most expensive far ahead of litecoin. 

[Laboni 755]

Not much difference between BTC and LTC is good for both currency and investment but the demand for Bitcoin from LTC is huge The most popular currency in the crypto market is Bitcoin. Bitcoin is almost always on the market but LTC pumps very little time.

[Mcd0d0 5882]

On 4/19/2020 at 9:56 PM, Laboni said:

If there is a difference between BTC and LTC then there is not much difference.

Well, there has a big difference between BTC and LTC mate, first is the rank of it, bitcoin got the top one in the rankings in cryptocurrency, second is in their price, Bitcoin has a huge amount of value than LTC and i think LTC is just like a price of XRP not sure, and lastly, bitcoin has many users than LTC, many people used LTC just to withdraw their bitcoins because LTC has a small amount of withdrawal fee.

[hasan007 206]

Btc and ltc are different from each others, but they use same technology. The price of the  btc is much higher than the ltc. The term ltc reefers litecoin, the fess of the ltc for the fund trasnfer is less than the btc's fees. Its  advantage for the btc holder.  

[TheRaed 1247]

The difference in the creation date
Where the currency that achieved the largest spread is Bitcoin as the first cryptocurrency and has become the dominant in the world of cryptocurrencies, which made its value so large that it compares strongly to the liteCoin.

[gourav789 2834]

both rae valuable coin in Crypto market , Bitcoin is oldest than litecoin , bitcon is More expensive as compare to litecoin .

litecoin used it's own blockchain for withdraw and deposit purpose . bitcoin have More coinmarketcap value as compared to litecoin .

[Alimhana930 1605]

The difference is clearly the price Secondly, litecoin is based on the Bitcoin blockchain and is built on its basis, meaning in a guest form, and is used in its transmissions and transfers. There is a strange indication in the market and it is also correlated that despite the slow rise in litecoin compared to all currencies, this rise is an indication of the inevitable rise in Bitcoin as well.

[Tunuu 2235]

Their first difference start from their names, one is BITcoin and the second is LITEcoin. The second big difference is in the prices, Bitcoin price is $11K for now and Litecoin price is $58 for now.

[Honny143 13612]

On 4/5/2020 at 9:00 AM, 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.

Bitcoin and litecoin both are crypto currency but both works in different block chains, their mining algorithm and transaction confirmed timing also not same, bitcoin old currency and litecoin new and especially both currency prices, bitcoin expensive currency compare to litecoin.

[Dorjoy12 8962]

Firstly bitcoin the oldest crypto currency in crypto world but litecoin is a altcoin which is called alternative coin of btc... In the world bitcoin has lot of demand because of traders and mining company...while litecoin is not much popular like bitcoin becuase the price of litecoin depend on btc bull run.. You will get better profit if you trade on btc than ltc                

[Guru2050 8284]

Well the key major differences existing between these two important currencies are BTC is the first-class coin,top leading,most expensive and value coin in the whole Crypto world, while LTC (litecoin) is one fastest growing altcoins with very lower fees charges for making transaction.

[Izeal 4404]

On 4/5/2020 at 9:15 AM, 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.

We can say the actual difference but the difference is price of the coin. Both coin are developed for transactions and as bitcoin was first cryptocurrency with blockchain technology we can see very high price but even LTC is also evolving day by day. One thing I like about LTC is transaction fees is very less compare to BTC.