Cybersecurity
Bitcoin Wannabe Litecoin Emerges as Low-Price Challenger
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Make way, bitcoin. There’s a competing digital currency angling for the spotlight.
Merchants and investors are taking notice of litecoin, which is pitched by its developers as cheaper to generate, more plentiful and easier to use for small transactions than bitcoin. While prices for both have slid since a surge late last year, litecoin’s remains about 490 percent higher than six months ago, compared with about 140 percent for bitcoin. Daily litecoin transactions also have climbed faster.