Monday, June 5, 2023

Why You Should Own ATLEAST 10 Litecoin (LTC) 🤑 Litecoin Price Prediction 2021 | LTC News Today

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Litecoin Technical Analysis | Litecoin Price Prediction | LTC Price Prediction | Blockchain technology is the foundation of all digital currencies. Envision it like this… Every time a transaction or exchange happens in a digital currency network, the information involved with that transaction is recorded in a “block.” Each of these blocks is added to the continuously growing blockchain. Anyone on the network has access to the information in the blockchain. This means that transactions are public knowledge, even if the users remain anonymous. Users are only tied to the transactions taking place on the blockchain through an electronic signature that offers a fair degree of anonymity. This framework also makes digital currency very secure.

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Even though both Litecoin and Bitcoin use blockchain technology, Litecoin has a far faster transaction speed with a transaction being confirmed every 2.5 minutes, compared to the 10 minutes it takes to confirm a Bitcoin transaction. This appeals to both users and merchants who want faster transactions.

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