Both Bitcoin and Litecoin have a lot in common.

Are Bitcoin And Litecoin Same?

On the surface, both Bitcoin and Litecoin have a lot in common.

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Superficially, both Bitcoin and Litecoin share a great deal for all intents and purpose.
Where state monetary forms like USD or JPY depend on political and legitimate instruments for esteem and authenticity, computerized monetary standards depend on the cryptographic trustworthiness of the system itself.
However, Bitcoin and Litecoin vary in different viewpoints.

Market Cap
Starting late 2018, Bitcoin's market capitalization sits at generally $109 billion. Regardless of whether this figure strikes you as high or low depends generally on verifiable viewpoint.

When we think about that Bitcoin's market capitalization is scarce $42,000 in July 2010, its present figure appears to be stunning, however not as much when contrasted with its high market top of $59,939,396,635 at present.
While Bitcoin remains the most profitable player in the crypto space, others like Ethereum, Ripple, and Litecoin are getting up to speed.

Total Coins
One of the primary contrast between both is the all-out number of coins that every one of them can deliver.
The Bitcoin system can never surpass 21 million coins, while Litecoin can oblige up to 84 million coins.

Exchange Processing Speed
Despite the fact that actually, exchange happens immediately on both the systems, yet time is required for those exchanges to be affirmed by other system members.

According to the information from Blockchain.info, Bitcoin system's long haul normal exchange affirmation time is a little more than 10 minutes for every exchange, notwithstanding, this may fluctuate generally when traffic is high.
The equal figure for Litecoin is generally 2.5 minutes.

On a basic level, this distinction in affirmation time could make Litecoin considerably increasingly appealing for the dealers.

Distinctive Algorithms
At this point, the most central specialized contrast among Bitcoin and Litecoin are the differed cryptographic calculations which they use.

Bitcoin makes utilization of the longstanding SHA-256 calculation. Then again, Litecoin makes utilization of a relatively new calculation known as Script.

The essential down to earth criticalness of these distinctive calculations is their effect on the way toward mining new coins.
In both Bitcoin just as Litecoin, the way toward affirming exchanges needs generous registering power.

A few individuals from the system apportion their figuring assets toward affirming the exchanges of different clients.
In return for doing as such, these excavators are given square rewards by gaining units of the cash which they have mined.

The Bottom Line
While Bitcoin and Litecoin might be the gold and silver of the digital currency space today, history has demonstrated that business as usual in this rising part can change in even a few months.

It remains to be seen whether the computerized types of cash with which we have agreeable will hold their stature in the months and years to come.

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Why Money Isn't Everything

What really matters in life are family, friends, and happiness.
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Everybody wants to be successful in life. People want to be rich, have a lot of friends, and become famous. However, what if instead of being rich with money, you were rich with family and people who cared about you? What if instead of having a lot of friends, you had a lot of happiness and health in your life?

Many people forget that money and fame do not lead you to the top. Having friends and family who truly care about you and obtaining a raw happiness from just living life are really what matters in my opinion. It all depends on people's values and morals.

Some people will say that money is what makes the world 'round. This is true. Unfortunately, money is a big factor in how we live our lives in today's day in age. However, money is not everything. While money can buy you a mansion, it cannot buy you a family to live in it.

When we think about success, we tend to think about these material items, but how sad would it be not not have anyone to enjoy them with? Life is supposed to be spent with the ones you love and care about. If money gets in the way of that, then maybe it is time to reassess your priorities in life.

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Dave Ramsey, Thank You For Sharing Your Money Tips And Knowledge With The Rest Of Us

From just starting your program and being only on baby step one I have realized many things.

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Ever since starting college I have always had that thought in the back of my head about how am I going to pay off my student debt after getting out of college. This is probably a thought that every student has when they attend college and they know that after they receive their education that they are out in the real world where they have payments to make every month and probably be in debt for most of their life. But after watching your podcast and following your Instagram and seeing all these people paying off hundreds of thousands of dollars in a couple of months is very inspirational.

Paid off student debtDave Ramsey Instagram

From just starting your program and being only on baby step one I have realized many things. One, I spend money on a lot of things that I don't need but never realized until I started tracking my spending to make a budget. Two, saving a thousand dollar before actually tackling your debt is a great task as it shows that if you can save a thousand you can find a way to pay off your debt then. Though it does seem like a long process that doesn't seem possible till you finally hit the triple-digit mark. Three, you don't actually need a credit card in life because you will actually have money you can spend instead. Though I am still wondering how exactly this would work later on with wanting to buy homes and cars.

But overall thank you for sharing your story and knowledge about money and your experiences so others can learn and do better with theirs. So let's all be weird and not broke as you like to say.

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