One of the Top 5 Most Viable Digital CurrenciesLitecoin is an altcoin or a bitcoin alternative, and it is the second largest altcoin. Litecoin has a faster confirmation time and it also has four times as many currency units than bitcoin.Litecoin is electronically produced using cryptographic software and it is electronically stored in litecoin wallets that have a unique numeric and alphabetic digital code. It is an open source peer-to-peer digital currency and litecoin digital transactions such as buying, selling and spending litecoin are recorded on blockchains. Blockchains are electronic ledgers of digital money transactions and these digital transactions are open to public view. Crypto currency exchange sites are also peer-to-peer networks and they adhere to the same digital protocols. Litecoin is Internet MoneyBuy and sell litecoin at crypto exchanges, make payments and shop at litecoin accepted merchant sites. Use Coinbase to exchange digital money and deposit cash to Paypal or directly to your bank account. |
