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financial world. The upper limit of Bitcoin is 21 million coins. Litecoin, on the other hand, is considered the silver of Bitcoin. Why people prefer Litecoin over Bitcoin is because Bitcoin is more expensive than Litecoin.
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Bitcoins algorithm is SHA-256. Here we also discuss the Bitcoin vs Litecoin key differences with infographics, Examples and comparison table. Every Bitcoin can be divided into its hundred millionth part. Bitcoin was the first digital currency that let the owner of the Bitcoin take charge because there is no central authority that would act as a gatekeeper. Products, learn, company, social. On the other hand, the average transaction time for every transaction of Litecoin.5 minutes. Thats why many prefer Litecoin over Bitcoin. As a result, Litecoin needs to be used as a whole. Market Capitalization, in July 2010, the market capitalization of Bitcoin was just 42,000. Though Bitcoin and Litecoin have many differences, they Bitcoin vs Litecoin serve their purpose and the market capitalization have been constantly increasing.