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I'd say no. The fact that it is GPU, not asic results in a more distributed, decentralized coin. It is probably more difficult to build a custom chip and do maj
by Ihmahr 13y ago
I'd say no. The fact that it is GPU, not asic results in a more distributed, decentralized coin. It is probably more difficult to build a custom chip and do majority mining within one company/agency.
Also the distribution of wealth is probably better in litecoin. This makes the coin more stable.
- k3oni 13y agoThe coin may be more stable from that point of view but the issue here is that it's value is fluctuating because of it's relation to BTC. If LTC would get it's own value instead of being tied up to BTC's value then that would make it stable indeed.