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Author Topic: How is bitcoin better than litecoin?  (Read 11702 times)
LiteBit
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June 22, 2015, 06:01:28 PM
 #61

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


monero is "money" or "cash" in Esperanto.
dash is short for "digital cash"

Which is better? I'd choose "monero" over "digital cash"
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Amph
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June 22, 2015, 06:47:20 PM
 #62

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


monero is "money" or "cash" in Esperanto.
dash is short for "digital cash"

Which is better? I'd choose "monero" over "digital cash"

still i think it is better to use english name, for a wider acceptance, this is my problem with it

dash is accepted already more than monero, this should tell you something

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June 22, 2015, 06:57:14 PM
 #63

Its maybe not better in the functions, but it will be better at anytime for the rest of cryptocoins.
Because its the first coin!

It will be hard for every other coin approximately come to this point that bitcoin come until yet.
When you look closely, every other coin is only a copy of this cryptocurrency.
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June 22, 2015, 07:10:07 PM
 #64

Its maybe not better in the functions, but it will be better at anytime for the rest of cryptocoins.
Because its the first coin!

It will be hard for every other coin approximately come to this point that bitcoin come until yet.
When you look closely, every other coin is only a copy of this cryptocurrency.

There are quite a few coins with unique blockchains now that differ greatly on many levels. The only problem is that many are caught up in demonstrating their techno weenie cleverness rather than attempting to market them.
BrianM
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June 22, 2015, 07:13:08 PM
 #65

I would rather want to know how is litecoin better than bitcoin?
Litecoin is just another litecoin, no different than Dash, kitty, shitty, titty, hobo ... or what ever they call them. All just copies of the one and only bitcoin. All of them will eventually die and be forgotten.
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June 22, 2015, 07:45:35 PM
 #66

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


monero is "money" or "cash" in Esperanto.
dash is short for "digital cash"

Which is better? I'd choose "monero" over "digital cash"

Monero is “coin”, not “cash”, in Esperanto.

An economy based on endless growth is unsustainable.
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June 22, 2015, 08:42:11 PM
 #67

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.
hikedoon
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June 22, 2015, 08:59:00 PM
 #68

 Bitcoin hasn't merged with a fucking joke/meme coin.Any credibility LTC had evaporated with that decision.
 I sent all my LTC to the exchanges and have been arbing them ever since they merged.I will never keep LTC again.
  I'm only keeping Bitcoin from now on.All the rest of the shit coins are just a way for me to get more BTC by flipping them,repeatedly.

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June 22, 2015, 09:11:03 PM
 #69

Bitcoin hasn't merged with a fucking joke/meme coin.Any credibility LTC had evaporated with that decision.
 I sent all my LTC to the exchanges and have been arbing them ever since they merged.I will never keep LTC again.
  I'm only keeping Bitcoin from now on.All the rest of the shit coins are just a way for me to get more BTC by flipping them,repeatedly.


A merged mined coin doesn't mean anything Bitcoin has Namecoin, Devcoin, ixcoin, i0coin and groupcoin merge mined. Does this mean Bitcoin is a joke now?
Fair point.  Merged mined was the wrong words to use.
  I should have written " Bitcoin hasn't become associated in my mind with a fucking joke/meme coin. IMHO"
 Grin
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June 23, 2015, 12:06:36 AM
 #70

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....well maybe XRP, that will take 4-5 years before that possibility can come true.
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June 23, 2015, 01:01:07 AM
 #71

well the answer is very simple
bitcoin is more popular and more established
LiteBit
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June 23, 2015, 01:57:46 AM
 #72

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....well maybe XRP, that will take 4-5 years before that possibility can come true.

That's a weak argument. That's like saying fiat is better than bitcoin because the marketcap is larger, and no ever currency will ever come close... well maybe CNY, that will take 4-5 years before that possibility can come true.
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June 23, 2015, 02:34:44 AM
 #73

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....well maybe XRP, that will take 4-5 years before that possibility can come true.

That's a weak argument. That's like saying fiat is better than bitcoin because the marketcap is larger, and no ever currency will ever come close... well maybe CNY, that will take 4-5 years before that possibility can come true.
the popularity that bitcoin has, litecoin will never have.
the number of people who have invested and will invest in bitcoin is going to always bigger.
there is much more places that one can spend his bitcoins, and that is not true about litecoin.

it is like comparing USD with a third world's currency and say why USD is better than that one!

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June 23, 2015, 02:39:12 AM
 #74

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....



That's the same exact thing they said about the Model-T Ford!  Lips sealed
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June 23, 2015, 02:56:34 AM
 #75

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....well maybe XRP, that will take 4-5 years before that possibility can come true.
That's a weak argument. That's like saying fiat is better than bitcoin because the marketcap is larger, and no ever currency will ever come close... well maybe CNY, that will take 4-5 years before that possibility can come true.

There's a reason why bitcoin's market cap is so much larger. LTC is nothing but a bad clone, offering little to no progress, and i don't see a reason why anyone would back it up, unless for quick profit
in times like now, when the halving is to happen. But even now, it's just bought for fast profit, and it's right back to btc again.
To me it looks like nothing more than an abandoned project, on it's way to crypto graveyard.

cheers
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June 23, 2015, 05:24:02 AM
 #76

Well? Let's hear it.
One of the key difference is, the Litecoin network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes, which its developers claim allows for faster transaction confirmation. The drawbacks of faster block times are increased blockchain size, and an increase in the number of orphaned blocks.

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June 23, 2015, 06:56:05 AM
 #77

Well? Let's hear it.

As far as I know nobody is stress testing the litecoin network like they are bitcoin. Which brings up the question: how much would it cost to run the equivalent stress test on litecoin? I think I read it costs around $5000 to do it to bitcoin.
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June 23, 2015, 07:48:21 AM
Last edit: June 24, 2015, 07:50:12 AM by Amph
 #78

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash has a better name

also monero wasn't the first that utilize cryptonight, it was bytecoin...
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June 23, 2015, 11:23:33 AM
 #79

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.
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June 23, 2015, 11:40:05 AM
 #80

Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....



That's the same exact thing they said about the Model-T Ford!  Lips sealed
Yes, and about gold.

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