Changes

==Advantages==

==Advantages==

LiteCoin is introduced and verified much more quickly that [[Bitcoin]].  Verification for a [[Bitcoin]] transaction can take from ten minutes to several hours. On average, a LiteCoin transaction takes about two and a half minutes.<ref>http://payament.com/bitcoin-similar-websites</ref><br />

LiteCoin is introduced and verified much more quickly that Bitcoin.  Verification for a Bitcoin transaction can take from ten minutes to several hours. On average, a LiteCoin transaction takes about two and a half minutes.<ref>http://payament.com/bitcoin-similar-websites</ref><br />

==Disadvantages==

==Disadvantages==

LiteCoin is less well known than [[Bitcoin]], so it may be accepted in fewer locations.  Also for the same reason, there are fewer transfer nodes.  This is believed by some to make the system less secure than [[Bitcoin]].<ref>http://payament.com/bitcoin-similar-websites</ref><br />

LiteCoin is less well known than Bitcoin, so it may be accepted in fewer locations.  Also for the same reason, there are fewer transfer nodes.  This is believed by some to make the system less secure than Bitcoin.<ref>http://payament.com/bitcoin-similar-websites</ref><br />

==References==

==References==

{{reflist|2}}

{{reflist|2}}

[[category:cryptocurrency]]

[[Category:Cryptocurrency]]