don't buy
Evaluating Litecoin's Downsides Despite Long-term Low Fees and Transaction Speed
I apologize for the off-topic question, but in your opinion, what are the disadvantages of Litecoin? According to the AI triad, it has scalability issues, but over 12 years, the maximum transaction fee was $1.50. For the last six years, fees have been approaching zero, and transactions are confirmed in about 5 minutes. (Of course, Caspa is better, and we wait for it to become payment-ready).
Source available for registered users Sign Up Free
AI Analysis
Litecoin has been a prominent cryptocurrency for over a decade, known for its relatively fast transaction confirmation times of around 5 minutes and historically low transaction fees approaching zero ...
AI Recommendation
Given the current context, it is advisable to monitor Litecoin’s development plans for scalability upgrades and layer 2 solutions that could mitigate existing limitations. If these upgrades are planne...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.