Attacks: No attacks or potential attacks have been made public. (April, 2019)
Cryptocurrency Review: Litecoin (LTC)
Algorithm: Litecoin’s SHA-256 algorithm has been time tested and is stable. (November, 2018)
Marketplace Redundancy: Listed on multiple major exchanges, including Bittrex, BitMEX, Binance, CoinBase, Poloniex, Kraken and plenty of other exchanges. (April, 2019)
Communication: The developers at the Litecoin foundation are constantly improving Litecoin Core. (April, 2019)
Community: There is a large-sized development community, who release a continuous flow of new and sometimes innovative products. (April, 2019)
Timeline: No official road maps can be found. (April, 2019)
Communication: Spoke with their community manager, Ilir Gashi, via Twitter. (April, 2019)
Social Media: Social media is continuously updated. (April, 2019)
Website: Their website is completely custom and has a sleek appeal. (April, 2019)
Methodology: Primary adoption is being generated by consumers along with merchant services. There are additional merchants accepting Litecoin daily (directly and by proxy) which is helping accelerate Litecoin’s adoption rate and growth. (April, 2019)
Explorer: There is not an official Litecoin explorer, however, there are dozens of third party Litecoin explorers online. The most popular ones are Blockcypher and Cryptoid. (April, 2019)
Premine: None
Current Market Supply: 61,909,401 LTC
Maximum Market Supply: 84,000,000 LTC
Additional Note #1: N/A
Bottom Line: Buy
Base Framework: Bitcoin
Price on Publication: 0.01389258 BTC / $74.25 USD
(May, 2019)
Algorithm: SHA-256
Disclaimer: Each cryptocurrency is reviewed on the first of each month. No published reassessment will be made if the reviewed trajectory remains the same.