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Topic: How is bitcoin better than litecoin? - page 9. (Read 11725 times)

hero member
Activity: 686
Merit: 500
June 23, 2015, 09:54:48 AM
#92
Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance. 
A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.
hero member
Activity: 593
Merit: 500
1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA
June 23, 2015, 09:52:40 AM
#91
More appropriate block times. Bitcoin has a 10 minute target block time verses litecoin's 2.5 minute target block time. This results in much fewer orphaned blocks which makes mining (read: securing the network) a much more predictable endeavor and profitability can be more easily predicted.

I wonder if mining empty litecoin blocks will give you a serious advantage. I mean mining empty bitcoin blocks is already done, because its faster to spread an empty block to 50% of the nodes than spreading a 1MB block through thousands of nodes via p2p.

Did someone try if there is a reasonable difference?
member
Activity: 66
Merit: 10
June 23, 2015, 09:00:29 AM
#90
Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance. 
legendary
Activity: 3248
Merit: 1070
June 23, 2015, 08:24:50 AM
#89
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.

no it does not use x11 see https://bitcointalksearch.org/topic/dsh-dashcoin-cryptonote-automated-source-678232

first line Algorithm: CryptoNight

if there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know

what i know is that dash is using cryptonigh

Sorry, I misread the coin you were comparing. I saw dashcoin and assumed dash (darkcoin) seeing as their marketcaps are close and development teams are large. You didn't misspeak, dashcoin is a cryptonote coin and therefore does use cryptonight like all the rest.

well no problem, it's not our fault if the altsection is a complete mess, from any point of view

and they especially said to not use the same name for different algo, which could lead to confusion, like they did for bitcoin too, at the beginning, with bitcoin scrypt

i remember that it was banned from this forum as well
legendary
Activity: 812
Merit: 1000
June 23, 2015, 08:05:30 AM
#88
Bitcoin is the most well known, has the most users, gets the most promotion, but doesn't mean others are less better.

Well no it depends on what you are judging the contest on.  If its just code quality then bitcoin isnt the best. If its popularity and usability then it is the clear winner.
newbie
Activity: 55
Merit: 0
June 23, 2015, 07:50:48 AM
#87
Bitcoin is awesome!!!! I like it however I don't about litecoin. but I really like bitcoin
legendary
Activity: 1133
Merit: 1050
June 23, 2015, 07:44:48 AM
#86
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.

no it does not use x11 see https://bitcointalksearch.org/topic/dsh-dashcoin-cryptonote-automated-source-678232

first line Algorithm: CryptoNight

if there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know

what i know is that dash is using cryptonigh

Sorry, I misread the coin you were comparing. I saw dashcoin and assumed dash (darkcoin) seeing as their marketcaps are close and development teams are large. You didn't misspeak, dashcoin is a cryptonote coin and therefore does use cryptonight like all the rest.
sr. member
Activity: 450
Merit: 250
June 23, 2015, 07:29:57 AM
#85
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.

no it does not use x11 see https://bitcointalksearch.org/topic/dsh-dashcoin-cryptonote-automated-source-678232

first line Algorithm: CryptoNight

if there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know

what i know is that dash is using cryptonigh

I think wires are getting crossed.

Dashcoin [DSH] does use the CryptoNight algo, and was called Dashcoin from its beginning.

However, there is also Dash [DASH]. i.e XCoin -> DarkCoin -> DASH. Darkcoin rebranded to DASH, which has confused some folks. It does use the X11 algo.

legendary
Activity: 2044
Merit: 1008
June 23, 2015, 07:22:40 AM
#84
Bitcoin is the most well known, has the most users, gets the most promotion, but doesn't mean others are less better.
sr. member
Activity: 381
Merit: 250
June 23, 2015, 07:07:37 AM
#83
is so simply BTC was the first, is "stable" and everybody accept it, this dont mean that Litecoin is bad or something like that, this just mean that ppl is using BTC more than other cryptos, same as the rest of alt coins.
newbie
Activity: 5
Merit: 0
June 23, 2015, 07:04:42 AM
#82
Because Bitcoin is most accepted by merchants, as well as the most frequent transactions   Grin
legendary
Activity: 3248
Merit: 1070
June 23, 2015, 06:47:06 AM
#81
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.

no it does not use x11 see https://bitcointalksearch.org/topic/dsh-dashcoin-cryptonote-automated-source-678232

first line Algorithm: CryptoNight

if there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know

what i know is that dash is using cryptonigh
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
June 23, 2015, 06:40:05 AM
#80
Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....



That's the same exact thing they said about the Model-T Ford!  Lips sealed
Yes, and about gold.

legendary
Activity: 1133
Merit: 1050
June 23, 2015, 06:23:33 AM
#79
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.
sr. member
Activity: 254
Merit: 1258
June 22, 2015, 04:52:24 PM
#78
Bitcoin hasn't merged with a fucking joke/meme coin.Any credibility LTC had evaporated with that decision.
 I sent all my LTC to the exchanges and have been arbing them ever since they merged.I will never keep LTC again.
  I'm only keeping Bitcoin from now on.All the rest of the shit coins are just a way for me to get more BTC by flipping them,repeatedly.


A merged mined coin doesn't mean anything Bitcoin has Namecoin, Devcoin, ixcoin, i0coin and groupcoin merge mined. Does this mean Bitcoin is a joke now?
Fair point.  Merged mined was the wrong words to use.
  I should have written " Bitcoin hasn't become associated in my mind with a fucking joke/meme coin. IMHO"
 Grin
Sure Dogecoin is a meme coin but it has done a lot big things, the olympic team in Russia and a Nascar to bring worldwide attention to crypto.
legendary
Activity: 3248
Merit: 1070
June 23, 2015, 02:48:21 AM
#78
A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...


Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash has a better name

also monero wasn't the first that utilize cryptonight, it was bytecoin...
legendary
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
June 23, 2015, 01:56:05 AM
#77
Well? Let's hear it.

As far as I know nobody is stress testing the litecoin network like they are bitcoin. Which brings up the question: how much would it cost to run the equivalent stress test on litecoin? I think I read it costs around $5000 to do it to bitcoin.
sr. member
Activity: 254
Merit: 1258
June 22, 2015, 04:01:20 PM
#76
Bitcoin hasn't merged with a fucking joke/meme coin.Any credibility LTC had evaporated with that decision.
 I sent all my LTC to the exchanges and have been arbing them ever since they merged.I will never keep LTC again.
  I'm only keeping Bitcoin from now on.All the rest of the shit coins are just a way for me to get more BTC by flipping them,repeatedly.


A merged mined coin doesn't mean anything Bitcoin has Namecoin, Devcoin, ixcoin, i0coin and groupcoin merge mined. Does this mean Bitcoin is a joke now?
sr. member
Activity: 252
Merit: 250
June 23, 2015, 12:24:02 AM
#76
Well? Let's hear it.
One of the key difference is, the Litecoin network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes, which its developers claim allows for faster transaction confirmation. The drawbacks of faster block times are increased blockchain size, and an increase in the number of orphaned blocks.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
June 22, 2015, 09:56:34 PM
#75
Bitcoin is better than litecoin, because the marketcap is larger, and no other crypto currency will ever come close....well maybe XRP, that will take 4-5 years before that possibility can come true.
That's a weak argument. That's like saying fiat is better than bitcoin because the marketcap is larger, and no ever currency will ever come close... well maybe CNY, that will take 4-5 years before that possibility can come true.

There's a reason why bitcoin's market cap is so much larger. LTC is nothing but a bad clone, offering little to no progress, and i don't see a reason why anyone would back it up, unless for quick profit
in times like now, when the halving is to happen. But even now, it's just bought for fast profit, and it's right back to btc again.
To me it looks like nothing more than an abandoned project, on it's way to crypto graveyard.

cheers
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