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The entries in the cryptospace argue that since Litecoin is a fork of Bitcoin, the two tokens have various similarities and this could also be true only to a certain extent.
Both coins have the same code base, they use work trials and are deflationary. But there are also some visible differences between the coins.
Main differences between LTC and BTC
It is more than obvious that LTC transaction times are faster than BTC and it usually takes about 10 minutes to complete a BTC transaction.
LTC, on the other hand, needs about 2.5 seconds, which is considerably faster.
The usability of Litecoin is the element that places it in front of the other coins making it suitable to compete with Bitcoin.
LTC is used according to Smartethereum for "standard procedures related to blockchain, such as lifting an intelligent contract, but also has the ability, technologically speaking, to be used as money, in terms of legal tender".
Predictions for litecoin for 2019
2018 was a bad year for cryptographic markets, and some of them say it's normal and has been a year of correction.
The strongest currencies with innovative and real use cases are those that worked.
Now, more and more cryptographic experts predict that 2019 will be a more successful year and will mark the year of traditional adoption.
Litecoin has a solid network that definitely has the potential to increase this year.
Bitcoin vs. Litecoin – reasons why LTC can exceed BTC
As mentioned above, LTC transaction times are faster. Smartethereum also brings out the dark network that promoted Bitcoin a few years ago, but it seems that some encrypted competitors have started to show more prominence here too.
The website notes that Litecoin can become the preferred encryption of Dark Web, because "It runs smoothly, is fast and, although it does not offer complete privacy or anonymity (which are perhaps the first two requirements to complete transactions in this kind of networks,), is starting to gain steam. "
Bitcoin, on the other hand, has high rates and lack of transparency and that is why sellers and buyers turn to other encrypted ones, including Monero.
Smartethereum notes that "Litecoin accounts for 30% of obscure web transactions in the present, which is much higher than any other currency that is not Bitcoin used in the Dark Web at this time."
Regarding the 2019 price forecasts, some expert items predict an increase from $ 500 to $ 600.
Another reason for the success of 2019 is the media attention that LTC is achieving thanks to its results.
In other words, Litecoin is able to overcome Bitcoin in terms of adoption and success.
