Shitcoin Digest: LiteCoinUltra (LTCU)
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LiteCoinUltra (LTCU)
LiteCoinUltra uses the adoption of Proof Of Stake and Proof Of Work random superblocks. This adds to both the security and easy of mining of the currency. Every other aspect is identical to LiteCoin and it was, in fact, developed by fans of LiteCoin. It is also (according to their website) four times faster than BitCoin and reduces bottlenecks of transaction processing. In my opinion, this is a strong maybe.
NOTE: This piece was originally posted by Michael as an on- site page on TheMichaelBeebe.com while he was doing research into cryptocurrencies.
Disclaimer: Michael Beebe is not a financial advisor and all research is for his own purposes. He is simply sharing the research with the readers of this or other blogs and makes no claims to be an expert in finance or any forms of investment.