Litecoin (LTC) is the cryptocurrency based on blockchain
technology. It enables instant payment.
It is based on Cryptographic Protocol is the open-source
lacking the central authority.
It was released in the year 2011. It is under the MIT license.
Litecoin uses the hash function as a script. The author of Litecoin
is Charlie Lee.
Some
of the Best Litecoin Wallet is
The cold wallet that is not exposed to the Internet is considered
superior over the hot wallet, which is exposed to the Internet all the time.
Litecoin
Core
Litecoin Core is one of the widely used Litecoin wallets. This is the
desktop wallet. There is a risk of exposing information to hackers.
Exodus
Exodus is one of the popular cryptocurrency wallets for
Litecoin and other coins. This is the desktop wallet.
TREZOR
This is the highly praised wallet and is A Hardware Wallet.
Trezor wallet is protected by the pin and has the recovery in case of lost or
stolen.
LiteVault
This is one of the widely used Litecoin wallets. This is due
to enhance security and convenience in usage.
LiteVault is the web Wallet that remains online all the time that
induces the risk of exposing information.
Loafwallet
This is the mobile Wallet and has the app build for several platforms.
Loafwallet is easy to use due to its simplicity. Further, it is considered as
the secure network.
Atomic
Wallet
This is often regarded as decentralized, transparent, secure
and a trustworthy wallet.
Atomic Wallet is the desktop wallet.
Electrum-LTC
Electrum-LTC is a simple and effective Desktop wallet for Litecoin.
Seed often refers to the unique secret phrase that avoids intruders.
Ledger
Nano S
Ledger Nano S best hardware wallet is available for the Litecoin. It has a built-in secure chip that is vita in optimum security.
Summery
Litecoin is one of the widely used cryptocurrencies which high
market capitalization. Litecoin can be stored in the wallet, which can be of various
types. Anyone storing a larger volume of crypto is advised to store in the
hardware wallet. A small amount of Litecoin can be stored in the hot wallet.
No comments:
Post a Comment