We all agree that Bitcoin has paved the way for other crypto currencies to enter the market. The question is how bitcoin exchange litecoins these new currencies different or any better?

Below is a running discussion on Bitcoin vs. Like most crypto currencies Bitcoin uses a single Hash function or SHA-2. Current bounty is 25 BTC halved every 210,000. Total currency supply is capped at 21 million. What started out as being CPU mined, has quickly led to a race to secure ever faster mining hardware.