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Topic: LTC or Eth as payment solution (Read 326 times)

member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
March 03, 2018, 11:52:41 AM
#51
In this comparison, I will choose the ETH project because I believe that the ETH project has very great prospects for development. This is said in almost every forum and in every topic. I think that such a comparison no longer makes sense.
full member
Activity: 560
Merit: 100
March 02, 2018, 01:31:01 AM
#50
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?


current eth and ltc become a friendly payment alternative of transaction fee and not waiting long successful fast transaction. this is what many of his investors are choosing as a transaction tool compared to bitcoin. I really agree with you the bitcoin cost and the duration of delivery being a problem
legendary
Activity: 1162
Merit: 1008
March 02, 2018, 01:26:32 AM
#49
For payment purposes i usually prefer LTC. Cause its faster and cheaper then ethereum.
Its really fast. I love LTC
jr. member
Activity: 189
Merit: 1
March 02, 2018, 01:00:09 AM
#48
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?
As for me, ETH is more suitable for a means of payment, as in all exchangers it is more profitable than LTC..
full member
Activity: 336
Merit: 100
March 01, 2018, 05:51:26 PM
#47
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?
As far as I know, now Dash is the best coin to pay for goods, since it is best suited for merchants. But if Of these two, then this is 100 % Litecoin, this is the currency, the ethereum is better suited for the digitization of companies
newbie
Activity: 252
Merit: 0
March 01, 2018, 05:38:20 PM
#46

As a means of payment, ETH can be recommended because of its flexible and more stable movement in the market
member
Activity: 350
Merit: 12
February 28, 2018, 06:30:33 AM
#45
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?

Definitely LTC, because this what it was created for... As I understand ETH is a fuel, not a currency itself, maybe I'm wrong
copper member
Activity: 224
Merit: 0
February 28, 2018, 05:43:29 AM
#44
I`d prefer using Eth, because you can always withdraw coins buying some tokens on them  Wink
Speed award goes to LTC though.
legendary
Activity: 1218
Merit: 1000
February 28, 2018, 05:37:54 AM
#43
Ethereum is definitely my favorite coin overall , but it doesn't look like it's ultimately going to be an ideal payment solution.  Something cheaper and more efficient is going to be needed for that purpose.
Such as Lightning Network.
newbie
Activity: 57
Merit: 0
February 28, 2018, 05:31:14 AM
#42
Ethereum is definitely my favorite coin overall , but it doesn't look like it's ultimately going to be an ideal payment solution.  Something cheaper and more efficient is going to be needed for that purpose.
legendary
Activity: 1218
Merit: 1000
February 28, 2018, 05:28:58 AM
#41
As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?
Litecoin is more efficient for payments. Ethereum's forte are tokens and smart contracts. But that will change in the future as well with Bitcoin and Litecoin getting smart contracts of their own.
member
Activity: 271
Merit: 10
February 28, 2018, 05:26:01 AM
#40
People often think of Ethereum as a complicated technology. It’s true that to make full use of all its smart contract capabilities, you need to wrap your head around a bewildering array of technologies and sub-projects.
But you don’t have to use all that stuff, and where it counts, payments on Ethereum are simple.
I see now that Ethereum is getting more and more people interested because it has an excellent development platform, it can also be said that the technology is developing very well and that the virtual currency is growing so more prominent. , I think that with the current situation the virtual money will be more popular in all countries in the coming time.
full member
Activity: 474
Merit: 101
February 28, 2018, 04:49:38 AM
#39
To answer this question we should first look at each coin structure and at purposes it was created for, Litecoin  is a great altcoin that has low transactions fees & less confirmation time ( processing a block every 2.5 min ) . But Eth is mainly used for creating/ building Dapp & DAO , used also to create smart contract that's helping erc20 tokens creators to process through Eth blockchain .
jr. member
Activity: 280
Merit: 1
February 28, 2018, 04:27:35 AM
#38
I think ethereum is better to payment solution than litecoin,
In addition to ethereum prices are stable ethereum also has a smart contract that no other coins,
full member
Activity: 840
Merit: 128
February 28, 2018, 03:24:16 AM
#37
Both coins are good for transactions because they have low fees.
I would choose both coins because in business you have to be ready to accept anything that your customer has to offer.
But if I had to pick one of them I would choose Litecoin. I am a little bit sceptical on how the Ethereum blockchain will manage a so huge number of data with so many smart contracts and coin transactions running (forever) on it.
This is my concern otherwise both are perfect altcoins.

As a payment solution for businesses, vendors and services which one of these coins is more suitable? Litecoin or Ethereum ?
Because bitcoin is not good especially because of high fees and slow transactions in smaller payments.

Which one is better and why?
member
Activity: 560
Merit: 16
February 26, 2018, 05:25:05 PM
#36
As of now , LTC is a better payment solution , because eth often suffer from network overload and thus increased transaction time and fees. But I believe in nearest future bitcoin will become a payment solution #1 with a instant transactions and zero fees .
member
Activity: 182
Merit: 10
The stock photography revolution
February 26, 2018, 05:20:27 PM
#35
Both LTC and ETH are good for payment. But the problem is not ETH or LTC, it's cryptocurrency still not legalized in any country yet so use LTC or ETH for payment is impossible at the moment, you still have to exchange them to fiat if you want to pay for anything atm. Although you can think that LTC and ETH are better than Bitcoin but the fact that Bitcoin is the only crypto can be used for payment directly atm at few countries in this world Smiley.
jr. member
Activity: 38
Merit: 2
February 26, 2018, 05:18:37 PM
#34
ETH has more use cases and therefore more inherent value.
member
Activity: 164
Merit: 10
February 26, 2018, 05:16:32 PM
#33
You should look into Havven. ICO is going on right now, but their project is solely a payment network and stablecoin. Very fascinating idea that would be ideal for everyday use. https://havven.io/
full member
Activity: 252
Merit: 106
February 26, 2018, 05:08:51 PM
#32
payment wise LTC is definitely better.  ETH network is already bogged down, so we don't need to complicate things with having it be a payment system as well.
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