Interestingly, Lee explained how it was a pragmatic decision for Litecoin to use a different algorithm to Bitcoin, as he had seen the significant
problems other altcoins had faced when their miners were required to compete with Bitcoin's miners.
Not exact matches
Ripple wallets work the same as Bitcoin or
other altcoin wallets, so if you're already familiar with crypto wallets you should have no
problem in understanding the differences.
While Proof of Work SHA2 runs bitcoin, different
altcoins use scrypt or
other solutions to solve this
problem.