Charlie Lee: “Democracy Is Better but It’s Less Efficient”

[kreslik.news]

Litecoin is one of the most popular cryptocurrencies on the market. It was designed to be a lighter version of Bitcoin, which it achieves with a shorter block generation time and a larger number of maximum coins.

Although Bitcoin is almost always the first cryptocurrency to be adopted by entities that decide to get into cryptocurrency, Litecoin is usually in the second wave in cases where the offer is expanded. In short, it is a well-established cryptocurrency, and has a market capitalisation of over $8 billion.

In an interview on Friday, Litecoin creator Charlie Lee discussed the issue of decentralisation in cryptocurrencies.

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