Litecoin, an adaptive technology
Litecoin is one of the long-standing giants of the cryptocurrency ecosystem. The viewpoint is often that if Bitcoin is digital Gold, then Litecoin is digital Silver. Litecoin
is usually the first to integrate new technology that has been proposed for Bitcoin's core protocol. Litecoin has been testing Lightning network technology for a number of years
and more recently has been working to integrate the MimbleWimble privacy enhancing tech-stack.
LTC VPS Benefits
Litecoin differences from Bitcoin
Despite being based on the same core protocol, there are some fundamental differences between how Litecoin operates and how Bitcoin operates. Lets explore some of them.
Firstly, Bitcoin's block time (the frequency in which it processes new blocks of transactions on chain) is 10 minutes. Litecoin targets a 2 minute, 30 seconds block time. This results
in Litecoin transactions completing much quicker than Bitcoin transactions. Litecoin is also much faster and agile at adapting new technologies such as MimbleWimble and the Lightning network,
as mentioned earlier in this post.
VPS, Litecoin, Reliability
Litecoin has proven itself as a durable, reliable and robust alternative to Bitcoin. With confirmation times significantly quicker than on the Bitcoin network, buying a VPS with
Litecoin ensures that your server is deployed and set up much quicker than if you had opted to pay for the VPS with BTC.