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Based on the Wikipedia article, it seems to me that Litecoin is only an iterative improvement on Bitcoin. Why are people choosing to use it?
by Flimm 14y ago
Based on the Wikipedia article, it seems to me that Litecoin is only an iterative improvement on Bitcoin. Why are people choosing to use it?
- a3voices 14y agoWell one possible reason is that speculators enjoy the drama of new currencies that compete with Bitcoin, and the trendiness of investing in them.
- haakon 14y agoTrue or not, the word is that Litecoin was created so that people who were bitter about not having been amongst the earliest of the early Bitcoin adopters can have a new chance at a steep value increase. It's not even clear to me that Litecoin is an improvement at all, it just contains certain tweaks.