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Litecoin Is Consistently Shown In the Top 3 On Mainstream Media

Writer's picture: Shan Belew Shan Belew

When cryptocurrency tickers are shown on mainstream media like Fox and CNBC, Litecoin is usually shown alongside Bitcoin and Ethereum.





Why is this important? Well, Litecoin has a market cap that is 100x smaller than Bitcoin and 50x smaller than Ethereum. Yet, the Litecoin network adds 1.5x more new addresses each day than Ethereum and is adding 34% of Bitcoin's new addresses daily.


Furthermore, Litecoin out of the (3) has the longest continuous run-time without any chain rollbacks or code bugs. In fact, Litecoin has never had any issues since it was created over 10+ years ago. Many think Litecoin is a test net for Bitcoin, but I will argue Bitcoin has been the testnet for Litecoin. Bitcoin has had two early bug issues that caused the chain to go down for 6 hours and 8 hours. Ethereum did a rollback on the network after the Ethereum DAO was hacked. While Ethereum did not go down, Ethereum rectified this by hardforking into Ethereum and Ethereum Classic.






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