Litecoin vs Bitcoin Cash

Struggling to choose between Litecoin and Bitcoin Cash? Both products offer unique advantages, making it a tough decision.

Litecoin is a Bitcoin & Cryptocurrency solution with tags like cryptocurrency, litecoin, wallet, p2p, payments.

It boasts features such as Decentralized cryptocurrency, Faster transaction times than Bitcoin, Uses Scrypt proof-of-work algorithm for mining, 84 million maximum coin supply, Lower transaction fees than Bitcoin and pros including Faster transactions, Lower fees, More abundant coin supply, Well-established and trusted.

On the other hand, Bitcoin Cash is a Bitcoin & Cryptocurrency product tagged with bitcoin, cryptocurrency, wallet, payments, p2p.

Its standout features include Peer-to-peer electronic cash system, Fast transactions and low fees, On-chain scalability, Multiple independent teams of developers, and it shines with pros like Low fees, Fast transaction confirmation, High transaction capacity.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Litecoin

Litecoin

Litecoin is a peer-to-peer cryptocurrency that was created in 2011. It is similar to Bitcoin but has faster transaction times and uses a different cryptographic algorithm called Scrypt for mining.

Categories:
cryptocurrency litecoin wallet p2p payments

Litecoin Features

  1. Decentralized cryptocurrency
  2. Faster transaction times than Bitcoin
  3. Uses Scrypt proof-of-work algorithm for mining
  4. 84 million maximum coin supply
  5. Lower transaction fees than Bitcoin

Pricing

  • Open Source

Pros

Faster transactions

Lower fees

More abundant coin supply

Well-established and trusted

Cons

Less adoption than Bitcoin

Less security than Bitcoin

More susceptible to miners with dedicated hardware

Lower market cap and trading volume


Bitcoin Cash

Bitcoin Cash

Bitcoin Cash (BCH) is a cryptocurrency that originated as a hard fork of Bitcoin in 2017. It has lower transaction fees and faster confirmation times compared to Bitcoin.

Categories:
bitcoin cryptocurrency wallet payments p2p

Bitcoin Cash Features

  1. Peer-to-peer electronic cash system
  2. Fast transactions and low fees
  3. On-chain scalability
  4. Multiple independent teams of developers

Pricing

  • Open Source

Pros

Low fees

Fast transaction confirmation

High transaction capacity

Cons

Lower hashrate than Bitcoin

Less adoption than Bitcoin

More centralized mining