Both Ethereum and Litecoin are listed on Coinbase. This platform allows purchasing and selling currency at its real-time price. Litecoin and Ethereum process transactions quicker than Bitcoin, although different approaches are used. Optimal processing speed makes these currencies stay on top. Ethereum is mostly used by developers who deploy the blockchain and its smart contracts for the creation of dApps. Aside from having long-term applications, Ethereum also helps to store data, transfer value, and organize communication.
This open-source hard fork that helps to perform transactions. There is no ETH limit — it can be mined over an indefinite period of time. Only 84 mln tokens are to be emitted. The contracts can automate payments.
For example, when goods and services are transferred, payments are sent instantly. The idea of smart contracts can eliminate all kinds of middlemen in both cyber environments for instance, in crowdfunding websites and real life for example, in the sphere of real estate trading.
Ethereum simply continues evolving the idea of cryptocurrency decentralization that started with Bitcoin. It has a lot of space for further development. It was created by a former Google developer, which adds reliability and trustworthiness. Charlie Lee, one of its founders, has shown great leadership qualities over time and is tight-lipped about its creation.
You can easily exchange it for BTC. Chinese crypto enthusiasts are fond of Litecoin — they represent a large community of potential users. Although Bitcoin was the only means of payment in this sphere, recently other cryptocurrencies have also gained traction. Competition on the darknet is very stiff, and within a short time, Litecoin has turned into the preferred cryptocurrency among dark web users.
People get tired of high Bitcoin fees and switch their attention to Litecoin instead. Will they grow in price this year? Although Ethereum faced hard times as other cryptocurrencies did in , it is here to stay. The Ethereum blockchain is too genius to disappear and be underrated. What does its price depends on? First, it depends on how many platforms will adopt and use it. Ethereum is already being used by many Fortune companies and continues gaining traction. New technical releases.
Constantinople , Casper, and other upcoming renewals will further boost the demand for smart contracts and promote Ethereum. The market bull run is to come. The bearish tendency seems to have subsided, and the cryptomarket will be more stable in What do experts think? We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists.
Jeff Reed, a cryptocurrency writer, states that Ethereum will overrun Bitcoin :. The market is ever-changing, but if the demand stays on the same level, it is not hard to hit those imagined numbers in the long-run. He said that Litecoin can rise even higher than Bitcoin. According to the atomicwallet. The further — the better. According to steemit. Good times are to come for Litecoin! Luckily, no one else supports this view. Therefore, it must be the right choice for short-term investments: you can reap returns on investment within a few months easily.
Due to the bearish tendencies on the crypto market, many cryptocurrencies have seriously gone down in price, and one of the current biggest concerns is whether tokens will retain their value. By , Ether was a live cryptocurrency powering the Ethereum blockchain. Since its beginnings just a few years ago, ETH has grown into the second-largest cryptocurrency by market capitalization. Bitcoin was built as a cryptocurrency platform. Ethereum is a decentralized application platform — one that also hosts a cryptocurrency, a fuel for the network.
The difference may seem like semantics, but the distinction is a large part of why Ethereum has had such wide adoption in such a short amount of time. While it is impossible to predict the future of the cryptocurrency bull run, it is apparent that Ethereum as a project and foundation has much stronger fundamentals and progress than Litecoin.
Ethereum is the clear winner of this battle, and a much safer investment relative to LTC. It is important to remember that we are still in the very early days of crypto, blockchain and smart contracts — so all investments should be categorized as speculative. Want to learn more? Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security.
To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page. This content should not be interpreted as investment advice. Cryptocurrency is a volatile market, do your independent research and only invest what you can afford to lose. Want to advertise with us? Send us a message. What is Ethereum? Ethereum vs Ethereum Classic.
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