Litecion is another type of cryptocurrency. It is based on similar principles to Bitcoin. However, litecoins differs significantly from Bitcoins in a few essential aspects.
Litecoins vs Bitcoins
Llitecoin is basically just an improved Bitcoin. Probably the biggest difference between them lies in the speed of processing the financial transaction, which is closely related to the extraction of new coins. It is for this reason that litecoins transactions are several times faster and therefore more suitable for current payments.
