Litecoin (LTC) vs Monero (XMR): a battle of speed and privacy!

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<p><em><strong>  With Litecoin focused on providing fast payments to its users, Monero is a privacy-based blockchain network, which of the two will be released at the summit in 2018? [19659003] Litecoin (LTC) and Monero (XMR) are both the top 10 coins with market capitalization at the time of printing, however both currencies have had a good share of successes and challenges from the start of 2018 (similar to the cryptocurrency in general) Most HODLs and cryptographic experts still believe that in 2018 it is time to witness the mass adoption of the underlying technologies and currencies all over the world. The Litecoin and Monero projects aim to conquer a share of the new market in the future. </p>
<p>  a brief comparison between two digital assets: Litecoin and Monero, to track the progress and perspectives of these two crypt based projects as the blockchain took and form. </p>
<h6><strong>  Litecoin Vs Monero Fundamental Value </strong></h6>
<p>  As would emerge, there must be good and bad digital resources such as securities within the financial markets. The purpose of Litecoin is to increase the efficiency of blockchain transactions within its ecosystem, while Monero is popular for its level of privacy. This is the fundamental value of the two altcoins, already priced by the encrypted markets at this time with LTC at $ 54 and XMR at $ 107. However, Litecoin holds a higher market share that is almost double the position of Monero. </p>
<h6><strong>  Instant payments of Litecoin </strong></h6>
<p>  The Litecoin infrastructure is an open source protocol that allows users to make changes, make and make copies of the software suitable for them under the MIT / X11 License. This makes Litecoin highly scalable, allowing the blockchain to handle a larger volume of transactions at a faster rate than Bitcoin. This is supported by the ability of Litecoin's network to facilitate block generations more frequently. LTC serves its users within a reasonable confirmation, so an increase in Litecoin payments, its 24-hour volume is currently well beyond the $ 250 million mark! <img decoding=

Litecoin will benefit from the Bitcoin domain

As the network provides faster and cheaper payments than Bitcoin, there are other blockchains like Stellar (XLM), IOTA (MIOTA) and XinFin (XDCE). However, Litecoin will survive to keep Bitcoin alive, which could still be used. Today is an advantage over most cryptocurrencies.

Monero privacy network

Monero d 'is another coin of privacy aimed at the completion of artists such as Zcash whose protocol is also private. The XMR ecosystem has led to the cryptographic arena a secure, untraceable and private channel of sending and receiving digital resources. This compared to Litecoin's focus is very different, but both coins seem to make the most of their competitive margins despite the fact that they are mostly bearish.

Monero (XMR) is currently ranked as the largest private currency (market capitalization) with ZCash (ZC and ZClassic (ZCL) is the next biggest competition. The fall of Verge (XVG) was a big boost to the success of Monero with the hard blow of success at the beginning of the year also a huge role.

Price analysis: LTC vs XMR

Both Monero and Litecoin have been adopted by a good number of coin exchanges to date Litecoin is a year older than Monero which dates back to its initial trading day on 28 April th 2013. Since then LTC has had a cumulative yield of 1.179.50% while that of Monero in its 4 years of trading is equal to 4,212.70% Clearly, the first XMR buyers are currently snatching more value from their initial investment than their counterparts Litecoin.

fo r both XMR and LTC in 2018

Both cryptocurrencies show to a high level of volatility as well as the trend with digital resources, a 150% increase would be a novelty but not a surprise for the crypto speculators. The 30-day volatility of Litecoin is 28% while that of Monero has registered 38%. Both altcoins are far below their all-time high, XMR is 78% cheaper than the $ 494 ATH price when the market has gathered in late 2017 while LTC is 85% cheaper than $ 366. This leaves a potential margin to break these resistance levels of all time once a market correction will occur in the future!

Both XMR and LTC were affected by the cryptic blood bath on 6 September losing respectively 24% and 7%. However, XMR is slowly becoming bullish based on the 1.12% increase in its price over the past 24 hours. LTC on the other hand has improved by just 0.02%.  Monero (XMR)

Charts of all time XMR vs LTC (Image: WalletInvestor)

In conclusion, both projects are a good chance of survival in cryptographic space, even if the correction of the market could set prices within a range of analysts' expectations given the uncertainty in the currency markets today.

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