exactly. Litecoin will stay for a long time. to have the second biggest blockchain in the world is not a small thing. it has value because of that.

As the time required to propagate a new block throughout the entire network becomes a greater percentage of the bock-to-block interval, the system spends a greater percentage of time in an indeterminate state. This inconsistent state provides lower security due to the differing views that payer and payee have of the state of the system. This leads to a higher percentage of unsettleable transactions.


If the specs are unquestionably 'better', then by definition there can be no disadvantage. However, Litecoin's 2.5m block interval is not objectively better than Bitcoins 10m. It is merely _different_. There is a tradeoff between time to settle and determinism of settlement.

If Litecoin's 2.5m was objectively better than Bitcoin's 10m -- merely due to the shorter block interval -- why not 1m? Why not 15s?

Bitcoin. Litecoin used to be Bitcoin's little brother, but now most other altcoins are just fading into bitcoin's ever-growing shadow. (Because it's price is getting higher, rite?)

Obviously everyone over here would recommend you to use bitcoin rather than using litecoin. Bitcoin has more people involved with it(that means it is more backed up by the community than litecoin). Bitcoin is way more popular in media than litecoin. Also, there are 10000x more bitcoin accepters than litecoin one's.

No true. If litecoin keeps on innovating and offers new feature suitable for today's world, it will beat bitcoin. However, litecoin plays safe here, just wants to be a clone of bitcoin, it will not be as successful.

Bitcoin although Litecoin can tag along for the journey as it has so far
Besides the algo not much differences fundamentally unlike 2.0 coins so it needs to adapt as well to remain competitive in the future.
Bitcoin has the dev power to do so we will see with Litecoins.

Money won't be a problem for the litecoin guys, but getting new ideas would be. It's not really easy to gather new ideas for the development of a new crypto currency. Though if you are full of ideas then there would be hundreds of millionaires who would be there to help you out with the funding issues.

I don't think it as a system needs much in the way of innovation. It does what it says on the tin. What it would really need is the people who've worked so hard to make Bitcoin used far and wide to want to slot LTC in as well. It wouldn't take much effort on their part but I can't see much enthusiasm on the horizon.

the same innovations can come early on bitcoin, it's a clone war where bitcoin is the first, i don't see litecoin winning at all, it can't offer something that bitcoin can not have