(50/50) Litecoin is a dark horse

If you look at the capitalization on the site https://coinmarketcap.com it may seem that the main competitor of Bitcoin is Ethereum.

But this may not be the case.

The matter is that bitcoin was originally developed as a means of payment, and Ethereum is a multifunctional platform that can work as a crypto currency for its internal payments. This is now Vitaly Buterin was aiming to compete with Visa and Mastercard.

Lightcoin was created in 2011 by a certain Charlie Lee, a public and famous person, no secrets and mysteries. It is based on the same open source code as bitcoin, but with some technological differences ..

What did Litecoin do since 2011? And actually nothing special. His creator only recently began to pay attention to his offspring. The course of crypto currency for many years was "stable" - 3-4 $. And for today he is storming $ 150.

Now lightcoin is ahead of bitcoin in the development and adoption of various technical improvements.

Developers have long implemented SegWit and the speed in this network is much higher than that of the cue ball.

The cost of transactions is 10-15 cents.

Charlie Lee recently tested a new technology for atomic transactions. Development allows users to directly exchange a crypt between different blockers. You can change the cue ball to light and back.

Developers лайткоин do not consider the криптоваялюту the competitor бикоина. They believe that it can exist in parallel, and the light will focus only on current payments and complement Bitcoin.

This is correct. I have repeatedly written that bitcoin should be perceived as gold in the cryptomir, so other projects like Litecoin can occupy a niche of full-fledged payment systems.

A couple of days ago, the leader of the lightcoin announced that his team was beginning a serious marketing promotion of its crypto currency.

I suppose the light really has a future. But the project needs to develop aggressively, competitors are actively pinched. The same Dash, Ethereum and others.

Let's see how Charlie Lee will promote his product next year.