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It’s also useful to note how many coins can be issued in each cryptocurrency. Many traders have flocked to Bitcoin because of its hard limit on issuance, just 21 million. If money continues to flow into Bitcoin and demand rises, this fixed limit virtually ensures that the price will rise over time. While that may be good for traders, the volatility makes Bitcoin harder to use as a currency. Thus for your day to day use of digital coins, you would prefer something that is fast and is a critical one that further helps in employing digital coins and LTC making it more convenient. The software of Bitcoin is seen limiting the size of any new block to go around 1MB, and it means that the Bitcoin transactions remains processed within ten minutes. Bitcoin has a maximum block size of ~1 MB, which limits the number of transactions that can be processed in a single block. As a result, Bitcoin can only process about 7 transactions per second. On the other hand, Litecoin has a block size of ~4 MB, https://bitcoineracode.com/