Gift cards are a great way to avoid spending fiat money on products of the most mainstream merchants.
eGifterĮGifter is a popular platform where you can purchase gift cards and have them delivered via email or text. Yet, Travala does not stop there and is continuously offering new travel choices, bringing thousands of additional hotels into their global network. The company features more than two million accommodations available to its clients. The company has an excellent reputation, and it has 4.7 out of 5 stars on the customer review platform Trustpilot. Litecoin is a convenient way to pay for vacation or business trip accommodations on Travala. Clients also can earn rewards with Travala’s unique tokenized incentive programs. Depending on the cryptocurrency you have selected, Travala shows you the booking rates in that respective currency. There are several dozens of digital assets used as payment methods at Travala. LTC is not the only currency that users can pay with at Travala. Here, you can use LTC to reserve hotel rooms, book flight tickets, and even purchase holiday packages across the world. Travala is a travel website that permits payments through cryptocurrency tokens. The following companies allow you to purchase their products and services with Litecoin, all from distinct industries- web services, physical products, food & beverages, apparel stores, etc. Now you know why miners, investors, and users are going crazy about Litecoin’s growth, right? We’ll now what places accept Litecoin. This widespread global adoption has permitted the growth of its surrounding infrastructure, such as many digital wallet’s and storages to choose from. Because of this high liquidity, it’s also one of the most accepted cryptocurrencies worldwide. It’s available on nearly every exchange and has an impressive number of fiat on and off ramps. Litecoin is also one of the top 3 most liquid cryptocurrencies, providing ease of access. Litecoin’s dominance of its mining algorithm has helped keep the network secure and maintain this stability. This increased availability of block space within a time frame allows for cheaper transaction fees due to there being less competition for transactions being included in a block.Īpart from very cheap transaction fees, the network has proved to be reliable, going on for nearly 10 years with zero downtime. Litecoin’s network contains a rare combination of different advantages-security, low transaction fees, fast block times, and high liquidity, all while maintaining high levels of network decentralization.ĭue to Litecoin’s faster block times, within a 10 minute span, 4x the amount of transactions could occur on the Litecoin blockchain over Bitcoin’s. Have you ever wondered why many companies accept Litecoin? Or, have you pondered about why you should use Litecoin vs. Top reasons why you should pay with Litecoin
This is similar to not letting your friends or family know what your credit card purchase history is.
This is why the community is currently focused on the implementation of the MWEB upgrade, which will increase fungibility and data protection for Litecoin users, safeguarding transaction data from public onlookers. The Litecoin community has prided itself in becoming a payments-focused cryptocurrency, believing that adoption and having actual use-cases will eventually be the dominating factor in the growth of its ecosystem and consequentially, price. Due to Litecoin dominating its mining algorithm, the network security has remained strong, contributing to its strong persistence throughout the past decade. This gave Litecoin the ability to grow its own mining ecosystem without having to compete with Bitcoin miners, reducing the risk of a 51% attack. Due to this faster block production, transactions have the ability to be included in a block at a faster rate compared to Bitcoin, increasing its transaction throughput.Īnother significant change was Litecoin’s use of the Scrypt algorithm for mining rather than Bitcoin’s Sha-256. While some may say that Litecoin is Bitcoin’s near-identical twin, there are a few differentiating factors between the two.įor instance, Litecoin’s block times currently average out at around 2.5 minutes, making it 4x faster than Bitcoin’s at around 10 minutes. The years following its launch, LTC became a popular alternative to Bitcoin due to its cheaper fees and faster block times.
Litecoin (LTC) is a peer-to-peer cryptocurrency that was released in October 2011, making it one of the longest-withstanding cryptocurrencies.