re: • Money Talk Top Ten Crypto Portfolio | New Years Day Countdown •

#5 LITECOIN (LTC) - January 1st price: $228.47


What Is Litecoin?
Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Litecoin is one of the largest, oldest, and most used cryptocurrencies in the world. Similar to Bitcoin, Litecoin uses blockchain technology to process transactions.

So what's the difference? To process a block, Litecoin takes 2.5 minutes rather than Bitcoins 10 minutes. This allows for faster processing times. Litecoin also has the capability to produce a total of 84 million units, compared to Bitcoins 21 million. In addition, Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.

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6. STELLAR LUMENS (XLM) - January 1st price: $0.42

7. OMISEG (OMG) - January 1st price: $18.60

7. MIOTA (IOTA) - January 1st price: $3.58

9. ICON (ICX) - January 1st price: $5.15

9. MONERO (XMR) - January 1st price: $349.01