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Litecoin VS Ethereum: [The Comprehensive Comparison Guide]

Litecoin VS Ethereum

Litecoin and Ethereum are two of the most exciting projects in the crypto space. Both of these coins are consistently in the top five coins when it comes to market cap. Even though both of these projects are extremely popular, their main purposes are entirely different. In the guide, Litecoin VS Ethereum, we are going to take a look at the differences and similarities between these project.

Ethereum at a Glance November 2013: Vitalik Buterin publishes the Ethereum whitepaper Key Highlights January 2014: The development of the Ethereum platform was publicly announced. The original Ethereum development team consisted of Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. August 2014: Ethereum ends their ICO and raises $18.4 million. May 2015: “Olympic” the Ethereum testnet releases. July 30, 2015: The first stage of Ethereum’s development, “Frontier” was released. March 14, 2016: Homestead, the first “stable” Ethereum release, went out on block 1,150,000. June 2016: The DAO hack happens and the $50 million worth of Ether, which was 15% of the total Ether in circulation back at the time. October 25, 2016: Ethereum Classic forks away from the original Ethereum protocol. October 16, 2017: The Metropolis Byzantium hardfork update happens. February 28, 2019: The Metropolis Constantinople hardfork update happens. Litecoin at a Glance Key Highlights October 7, 2011: Charlie Lee releases Litecoin open-source client on GitHub. October 13, 2011: Litecoin network goes live. November 2013: Litecoin reaches $1 billion market capitalization. April 2014: Version of Litecoin launches which fixed several bugs. May 2017: Litecoin activates SegWit and Lightning Protocol. January 28, 2019: Charlie Lee states that Litecoin will attempt to be fungible by incorporating privacy.

We will be mainly focussing on the four main categories of differences:

Purpose Mining Gas vs Transaction Fees. Internal Econ...
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