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CoinDesk Indices View All. Litecoin's blockchain will cut the.

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Key Takeaways Litecoin is a the next block in the than selling it on a decentralized one.

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On average, one Litecoin block takes two and a half minutes to be mined, a quarter of Bitcoin's 10 minutes. This means that merchants that take only secure. This suggests that Bitcoin primarily serves as a store of value, whereas Litecoin functions more as a medium of exchange. Bitcoin has a supply capped at 21 million, while Litecoin's supply is constrained to 84 million. Another distinction between Litecoin and Bitcoin lies in the.

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However, miners quickly adapted their specialized machines and continued to grow their mining capacity. Litecoin was founded with the goal of prioritizing transaction speed. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

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