Xavofat
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August 14, 2017, 02:49:38 PM |
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At this point there are Scrypt ASICs, so the Scrypt mining algorithm is not properly ASIC resistant.
Litecoin is basically just Bitcoin at this point with a few changed parameters. It's a legitimate and honest project but it's not a serious competitor as far as I'm concerned. Perhaps the shorter block time is somewhat relevant for Litecoin's onchain transactions, but that's about all I can think of.
You want big blocks, you go to Bitcoin Cash. You want SegWit or Lightning Network, you will go to Bitcoin soon enough. In terms of block size Litecoin is weirdly in between and doesn't particularly appeal to either "camp".
At this point Litecoin's high price is pointless. But then again, most cryptocurrencies' prices are pointless as of the last few months, so I can't really tell those speculators anything.
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