Why is Litecoin better than other Altcoins?

As we know Litecoin is known as digital silver because it follows the pattern of bitcoin. In some cases, this litecoin is better than other altcoins. Litecoin has faster speed and lower fees on its blockchain so it is suited for micro-purchases like gas and groceries. It is also one of the most stable coins in the market.

Litecoin uses the Scrypt hashing algorithm, which was designed to be more memory-
intensive than Bitcoin’s (SHA-256) algorithm. This was intended to make Litecoin’s mining
process more accessible to a broader range of users and discourage the concentration
of mining power.

Litecoin was among the first cryptocurrencies to activate Segregated Witness (SegWit).

Litecoin has maintained an active development community led by its creator, Charlie Lee. This ongoing development helps to keep the coin up-to-date with the latest technological advancements and improvements.


What is segregated witness ??

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Actually it is a protocol upgrade, that helps increase transaction capacity and solve certain security and scaling issues.


True, SegWit makes the whole process more efficient as a result.
It enhances the security of blockchain by preventing transaction malleability; it’s the ability to change small pieces of information in a block.