Charles Lee, Litecoin creator, Will Litecoin Overtake Bitcoin?
Litecoin is the silver to Bitcoin’s gold. Being the second most popular crypto-currency, Litecoin advantages over Bitcoin with faster transaction time and Scrypt algorithm to be resistant to ASIC mining. It is designed to be more abundant, lightweight and easier to use. Lee estimates Litecoin is about two years behind Bitcoin in both price and adoption. But will Litecoin eventually surpass the success of Bitcoin given enough time? Let’s see what Litecoin creator, Charless Lee has to say on the matter.