Bitcoin litecoin difference

A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with bitcoin. Transaction speed and confirmation speed are important as most merchants would allow zero-confirmation transactions for most purchases. It is necessary to bear in mind that a transaction is instant, it is just confirmed by the network as it propagates. Bitcoin Litecoin image via Flickr.

Mining Rig image via Wikipedia. I am a robot. I just upvoted you! I found similar content that readers might be interested in: What is the Difference Between Litecoin and Bitcoin bitcoin vs litecoin. Transaction differences The main difference is that litecoin can confirm transactions must faster than bitcoin. The implications of that are as follows: Authors get paid when people like you upvote their post.

Very informative, I'll definitely be investing a bit into LTC as well. Hope you the best: What abaut transaktion fee and quickly? Retrieved 24 April Litecoin surpasses billion dollar market capitalization".

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