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What About Litecoin vs. Ethereum?
What Is Litecoin?
When you ask yourself, “Should I buy Litecoin or Ethereum?”, you’re asking what is more valuable to you:

Smart contracts
or

Cheaper and faster (than Bitcoin, at least) payment
Why do we say that?

Even Charlie Lee, the creator of Litecoin, admits that it’s a clone of Bitcoin in most ways. The only difference between the two is that Litecoin was made to be a, yes, you guessed it, lighter version of Bitcoin.

Should I buy Ethereum: a Litecoin on a black keyboard.

Due to some technical mumbo-jumbo involving the Scrypt algorithm, which is used for mining Litecoin, it’s faster and easier to mine alone than its older brother, Bitcoin.

What Is the Difference Between Litecoin And Ethereum?
The difference between Litecoin and Ethereum is the same as it was in comparison to Bitcoin: purpose.

The answer to the question of “Should I buy Litecoin or Ethereum?” remains the same, unless Litecoin’s purpose hits closer to home for you than either Bitcoin or Ethereum.

Bitcoin’s two biggest weaknesses—slow transaction speed and price—are considerably lessened with Litecoin.

Litecoin is much cheaper than Bitcoin, costing around $48 per coin. Litecoin and Ethereum transaction speed is also close to each other, removing that downside.

So, what about it?

Ethereum is built on the idea of smart contracts that enable the creation of smart contract-driven dApps (decentralized apps). Litecoin is intended to be a lighter, faster and cheaper alternative to Bitcoin, used to pay for stuff and eventually replace real money.

When you ask, “Should I buy Litecoin or Ethereum?”, I answer:

Which idea attracts you more, small payments using cryptocurrencies or secure apps? If it is payments, go with Litecoin. If it is decentralized apps, choose Ethereum.



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The relationship between dollars and dollar credit keeps the Fed’s game in play, and central bankers believe this can go on forever. Create more dollars; create more debt. Too much debt? Create more dollars, and so on. Ultimately, in the Fed’s (or any central bank’s) system, the currency is the release valve. Because there is $73 trillion of debt and only $1.6 trillion dollars in the U.S. banking system, more dollars will have to be added to the system to support the debt. The scarcity of dollars relative to the demand for dollars is what gives the dollar its value. Nothing more, nothing less. Nothing else backs the dollar. And while the dynamics of the credit system create relative scarcity of the dollar, it is also what ensures dollars will become less and less scarce on an absolute basis.There is ongoing research on how to use formal verification to express and prove non-trivial properties. A Microsoft Research report noted that writing solid smart contracts can be extremely difficult in practice, using The DAO hack to illustrate this problem. The report discussed tools that Microsoft had developed for verifying contracts, and noted that a large-scale analysis of published contracts is likely to uncover widespread vulnerabilities. The report also stated that it is possible to verify the equivalence of a Solidity program and the EVM code.monero майнить bitcoin динамика monero сложность bitcoin fake all cryptocurrency краны monero bitcoin today сложность ethereum siiz bitcoin яндекс bitcoin bitcoin unlimited monero amd mmm bitcoin unconfirmed monero service bitcoin bitcoin hardware What is blockchain technology?The Seven Network Effects of Bitcoin

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