MultiChain vs Litecoin: What are the differences?
Developers describe MultiChain as "Open platform for blockchain applications". It is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions. On the other hand, Litecoin is detailed as "A cryptocurrency that uses a faster payment confirmation schedule". It is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It is an open source, global payment network that is fully decentralized without any central authorities.
MultiChain and Litecoin can be categorized as "Blockchain" tools.
Some of the features offered by MultiChain are:
- Smart contracts are not needed
- Flexible asset metadata
- Permissioned follow-on issuance
On the other hand, Litecoin provides the following key features:
- Faster transaction
- Improved storage efficiency
- Leading math-based currency