I never really got the appeal of Litecoin. It was basically just a copy and paste of Bitcoin with only minor alterations made to the source code (like changing the PoW for Script which never really defeated ASICs and a few other small changes.) It made no major innovations that can be named and even to this day it still lacks several of the major bug fixes that made it into Bitcoin (there are still patches missing from like ~2014 that result in the software being even harder to use for devs than Bitcoin.)
This is not coming from a Bitcoin Maximalist, by the way (not presently a fan of Bitcoin either.) Just thought I'd point out how bizarre it is that Litecoin even has a price at all when the software is functionally similar to Dogecoin. It's only real claim to fame is that it copy-pasted the code earlier than most other cryptocurrencies and hence now survives as a zombie currency backed by the souls of all the bag-holders foolish enough to invest in it (much like how Yahoo continues to survive to this day.)
Can we all just agree that Litecoin is a way over-hyped and silly excuse for a cryptocurrency? Silver to Bitcoin's gold? I can't think of a single problem that Litecoin actually solves compared to ... well, anything. At best: you could say its a speculative instrument tied to the cancerous block size debate. But other than that - is good marketing really worth the price of $21 USD a coin? I can see a lot of people getting screwed by this when the currency inevitably crashes again ...
This is not coming from a Bitcoin Maximalist, by the way (not presently a fan of Bitcoin either.) Just thought I'd point out how bizarre it is that Litecoin even has a price at all when the software is functionally similar to Dogecoin. It's only real claim to fame is that it copy-pasted the code earlier than most other cryptocurrencies and hence now survives as a zombie currency backed by the souls of all the bag-holders foolish enough to invest in it (much like how Yahoo continues to survive to this day.)
Can we all just agree that Litecoin is a way over-hyped and silly excuse for a cryptocurrency? Silver to Bitcoin's gold? I can't think of a single problem that Litecoin actually solves compared to ... well, anything. At best: you could say its a speculative instrument tied to the cancerous block size debate. But other than that - is good marketing really worth the price of $21 USD a coin? I can see a lot of people getting screwed by this when the currency inevitably crashes again ...