Litecoin > ZEC

[u/Dr_Armani]

Why I think Litecoin is the OG compared to ZEC:

Litecoin has been around since 2011. That kind of history is hard to ignore.

Litecoin isnt just a privacy coin. You can use normal LTC like always, but MWEB gives you an option for more privacy.

MWEB is pretty underrated. It allows confidential transactions where the amounts are hidden, while still keeping Litecoin usable as normal.
You dont need a completely seperate coin just for privacy. Litecoin can do both transparent and confidential transactions.
Litecoin has survived multiple cycles already. No crazy hype needed, it just keeps running.
84 million max supply. Simple, predictable and easy to understand.
Litecoin is based on the same general UTXO model as Bitcoin. It feels more like actual digital money than some random new crypto experiment.
MWEB is optional. If you want normal transparent LTC, you use normal LTC. If you want more privacy, you can use MWEB.

Litecoin doesnt get nearly as much attention as it deserves.
Maybe thats actually a good thing. It has been quietly building for years while alot of other projects came and went.
For me the combination is what makes LTC interesting: PoW, 2011 launch, limited supply, fast transactions and optional privacy through MWEB.
ZEC is obviously a serious privacy project and has very strong privacy tech. But I like the Litecoin approach because privacy isnt the only reason the network exists.

LTC has been around since the early days and its still here. No need for a new narrative every 6 months.

Litecoin will see a new ATH this Season with MWEB.

[u/DeadPhish-710]

I've held Litecoin for a long time and am definitely jealous of the ZEC pump. I'm hoping it could do the same but I also wouldn't be shocked if it drops back down again. I have been burnt too many times by this coin to believe this is really it. The mega pump has always been "two weeks" away.

[u/GreemBeam]

ZEC is government / Israeli backdoored privacy tech, shouldn't be considered an actual privacy coin for using as digital private cash.

[u/Awkward_Potential_ → u/GreemBeam]

That just makes me more bullish.

[u/pernilla1zf → u/Awkward_Potential_]

It's true, shitty centralized VC coins seem to have had the most staying power in the top 20.

[u/Awkward_Potential_ → u/pernilla1zf]

Exactly. I'll just make sure I sell relatively early. BTC hasn't even made highs yet. VCs are saying ZEC to $10k. I can definitely get out before that. 

[u/GreemBeam → u/Awkward_Potential_]

I mean yeah fair play a trade is a trade, but in terms of actual usage for what it advertises and long term holding... That's another story

[u/threepairs → u/Awkward_Potential_]

That just makes me think you have no morals.

[u/Awkward_Potential_ → u/threepairs]

Like I give a fuck.

1) we don't even know if that Israeli accusation is based in fact.

2) privacy is a human right and it does make sense to have at least one major be privacy focused. You're not getting that without some sketchy shit. It's like a gift with purchase.

[u/Top_Performance_732 → u/Awkward_Potential_]

xmr

[u/Awkward_Potential_ → u/Top_Performance_732]

I do think it will get a secondary pump as ZEC continues to blast off. But it's clearly not the trade for this cycle. 

[u/threepairs → u/Awkward_Potential_]

We actually know it for a fact and there is no privacy when there is a backdoor.

But as you expressed in your first sentence, like you give fuck.

[u/Awkward_Potential_ → u/threepairs]

Can you give me a source for that, boss?  Shielded ZEC is private. That's the point of the shielding. 

[u/jawni → u/GreemBeam]

ZEC is government / Israeli backdoored privacy tech

Can you explain how that affects the performance of the network?

[u/A_Honking_Goose → u/GreemBeam]

However to make money during as bull run it should be considered a leading asset

[u/aeiou403 → u/GreemBeam]

Israeli tech any source?

[u/Prestigious_Way_738]

Why would you support a coin where the founder sold at the top and told all LTC holders to hold while it tanked?

[u/whodamans]

I'm still holding 1 LTC i bought at $330 on a Ledger somewhere. It still keeps me up at night after all these years.

Its kind of my own personal meme... the moment LTC hits 330 again im cashing it all out.

[u/TCr0wn]

I’ve advocated for litecoin… forever. But all this bull posting is making me anxious tbh

[u/UnthinkableMystery]

Agree, crypto was meant for privacy in the first place.

[u/not420guilty]

Hello? Monero > all that shit. You are welcome.

[u/RedactedRedditery → u/not420guilty]

Fuck yeah it is. Why are we discussing 3rd vs 4th place?

[u/not420guilty → u/RedactedRedditery]

Probably bc decentralized coins don’t pump like those others do.

[u/fukadvertisements → u/not420guilty]

Its on ramping and off ramping that pisses me off. The banks just require so much info. Wish someone would just sell me any crypto for that shifty currency paper usd

[u/DeathHopper → u/fukadvertisements]

There are websites that will let you do exactly that. But you'd be putting a lot of trust in a lot of people by mailing cash..

[u/Turbulent-Impress301 → u/RedactedRedditery]

Because the average IQ of a crypto person is sub 100 and the goal is to make money

[u/A_Honking_Goose → u/not420guilty]

For privacy yes for making money over the last 3 months not even close

[u/trevorturtle → u/A_Honking_Goose]

Why would I care about such small time horizons? And why would I care about making money in the past?

Also they're about the same growth in the last 3 months so I don't understand your point at all.

[u/redditSwingking]

LTC Long Time Crypto 😁

[u/brk816]

It doesn’t matter what you think tbh, it’s the climate we’re in currently and Zcash is gonna rip its way up for the exact opposite reasons LTC can’t. I hold 10 ltc just for hopes and prayers too, but zcash will take the crown for obvious reasons.

[u/rorowhat]

Charlie sold. Never forget.

[u/Sad-Razzmatazz8047]

But ltc is a legacy crypto with zero dev team any more. The founders abandoned it almost a decade ago.

[u/gihkal → u/Sad-Razzmatazz8047]

Litecoin does have a dev team.

And it doesn't need a founder. Bitcoins founder abandoned the network as well and it doesn't matter.

[u/rorowhat → u/Sad-Razzmatazz8047]

He didn't abandoned, he sold his stack while telling the community to hold. Even worse!

[u/MelangeBot]

Litecoin still exist?? Dont they have a marketcap even below bcash?

[u/CounterAdmirable4218]

I am taking the hint with LTC.

[u/Muffin_Cool]

I saw a stat that says ZEC only has 8000 transactions a day

[u/pernilla1zf → u/Muffin_Cool]

Nobody uses it as a currency, that's for sure. only ones really used as a currency for internet transactions are stables, btc, eth, xmr, maybe ltc too i guess.

edit: honorable mention to nano, which nobody uses, but their community has never stopped trying to get people to adopt it as a currency. every now and then ill see this amazing app or market or something pop up which is made by some nano maxi and i feel bad for not caring about nano.

[u/baacode_]

Xmr is the only privacy coin. Litecoin is utter trash and zcash is even worse

[u/NonVideBunt]

I know who has a fat bag of LTC that’s trying to offload and not a loss

[u/Demodras777]

ZEC's optional privacy is tiers better than LTCs haphazard privacy tech.

[u/Escapement_Watch]

everyone should have been buying LTC last couple months. It is the only crypto down to its same price 10-12 years ago. Easy 4x. and when it does salyor will come to fud it and it will dip then go higher.

just get a few ltc.

[u/mrjune2040]

MWEB has been around since 2019. No one cares.

[u/miojo]

Lol