LTC or Eth as payment solution

[hiburak]

The scalability issues still do exist for both Eth and LTC, so I wouldn't prefer either one at this time. I think Stellar, Bitshares and NEM are much more suitable for businesses as a payment solution.

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[Hamstead]

As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?

Ethereum have taking much advantage than of Litecoin in a matters that Ethereum have been established first and it is getting much stronger today. Ethereum market trend signifies how it build up trust and confidence from the community. It really think that, Ethereum have much capable of taking place bitcoin as a main currency used for payment if time comes.

[neolite]

If I had a choice as to choose ethereum because it has a range of options and can be easily interlinked in the business environment.

[debuni]

As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?

LTC because they will launch Lightning Network very soon. This mean lowest possible taxes for business and fastest transactions.

ETH is flooded from time to time from ICOs and games like CryptoKitties. At those moments, taxes are $4-$6 per transaction.

[Olivia_Nielsin]

As for me, i prefer ethereum as a payment solution because it is mostly used by quite a good number of people. The transaction fee is also good.

I also choose Ethereum for similar reasons. This currency is easily converted and well received by other people.

[matsusomoto]

LTC would be better payment solution because it has faster transcation speed and confirmation compare to ethereum's network because ethereum is very congested,LTC has advantage if we are talking about the speed of confirmation also LITEPAY is also going to be released by the LTC's team few months from now it will give these small vendors the ability to use litecoin as their main payment.

[batang_bitcoin]

The scalability issues still do exist for both Eth and LTC, so I wouldn't prefer either one at this time. I think Stellar, Bitshares and NEM are much more suitable for businesses as a payment solution.

I don't have those 3 coins that you mentioned but for the closest one would be LTC.

LTC because they will launch Lightning Network very soon. This mean lowest possible taxes for business and fastest transactions.

ETH is flooded from time to time from ICOs and games like CryptoKitties. At those moments, taxes are $4-$6 per transaction.

Yeah that's why I didn't consider ETH as payment solution though its still good but for someone that wants to be sure that he's running his business well when it comes to crypto payments, LTC will play the role better.

[FaucetKING]

I'm really a fan of Ethereum more than Litecoin, I follow the news about both coins, i've used the transactions system of ethereum but i never tested the system of Litecoin to be clear
But, The both coins are great and have a bright future for the both communities, Good luck!

[TooDumbForBitcoin]

Ethereum is not payment system. ETH can function for mean of exchange but the purpose is for fueling internal proceses

[dangershadow]

As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?

LTC can Be used as a payment solution as it has low transaction fees as compared to Ethereum whose fees's are comparatively very high and would not be suitable for Large transactions.

[Gorgeous011235]

I think none of them is the best solutions for payments...Ethereum and LTC have both a very low number of transactions per second and they are not so fast...i see Stellar Lumens as a better option and the upcoming Universa blockchain is pretty interesting too.
If Ethereum can solve the scalability problem it might work in the future for our everyday payments but at the moment i am still skeptical about it.

[bigdogdan2]

payment wise LTC is definitely better.  ETH network is already bogged down, so we don't need to complicate things with having it be a payment system as well.

[keung0109]

You should look into Havven. ICO is going on right now, but their project is solely a payment network and stablecoin. Very fascinating idea that would be ideal for everyday use. https://havven.io/

[bhnetwork]

ETH has more use cases and therefore more inherent value.

[ModaFuka1994]

Both LTC and ETH are good for payment. But the problem is not ETH or LTC, it's cryptocurrency still not legalized in any country yet so use LTC or ETH for payment is impossible at the moment, you still have to exchange them to fiat if you want to pay for anything atm. Although you can think that LTC and ETH are better than Bitcoin but the fact that Bitcoin is the only crypto can be used for payment directly atm at few countries in this world .

[frost_wind]

As of now , LTC is a better payment solution , because eth often suffer from network overload and thus increased transaction time and fees. But I believe in nearest future bitcoin will become a payment solution #1 with a instant transactions and zero fees .

[mpufatzis]

Both coins are good for transactions because they have low fees.
I would choose both coins because in business you have to be ready to accept anything that your customer has to offer.
But if I had to pick one of them I would choose Litecoin. I am a little bit sceptical on how the Ethereum blockchain will manage a so huge number of data with so many smart contracts and coin transactions running (forever) on it.
This is my concern otherwise both are perfect altcoins.

As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?

[sateyaam]

I think ethereum is better to payment solution than litecoin,
In addition to ethereum prices are stable ethereum also has a smart contract that no other coins,

[setifien19]

To answer this question we should first look at each coin structure and at purposes it was created for, Litecoin  is a great altcoin that has low transactions fees & less confirmation time ( processing a block every 2.5 min ) . But Eth is mainly used for creating/ building Dapp & DAO , used also to create smart contract that's helping erc20 tokens creators to process through Eth blockchain .

[bosimpson54]

People often think of Ethereum as a complicated technology. It’s true that to make full use of all its smart contract capabilities, you need to wrap your head around a bewildering array of technologies and sub-projects.
But you don’t have to use all that stuff, and where it counts, payments on Ethereum are simple.

I see now that Ethereum is getting more and more people interested because it has an excellent development platform, it can also be said that the technology is developing very well and that the virtual currency is growing so more prominent. , I think that with the current situation the virtual money will be more popular in all countries in the coming time.