Compare Litecoin (LTC) vs Maker (MKR)

LiteCoin was created in 2011 and is one of the oldest altcoins. Litecoin is created by a former Google engineer Charlie Lee. LiteCoin Network is completely decentralized. The reason why it is called Lite is that the founder Charlie announced it as a Lite way of Bitcoin. Litecoin requires less CPU power for mining. Transactions cost less and they are very fast compared to Bitcoin. LiteCoin is an open-source project.

Maker is the native token of decentralized lending platform Maker. Maker is a utility token and can be staked in return for rewards. Maker platform's most used product is DAI stablecoin. Users can use Ethereum as collateral to create new DAI stablecoins. Maker platform is governed by MakerDAO which is a decentralized autonomous organization. Maker holders can vote on MakerDAO's governance.