Litecoin (LTC) and Dingocoin (DINGO) share a secure, decentralized Proof of Work foundation using the Scrypt algorithm. Both are great for smaller payments thanks to relatively low fees and faster block times than Bitcoin. However, Litecoin is a long-established giant—often called “digital silver”—while Dingocoin is the fresher contender aiming for higher throughput and a more agile, community-led development style.
Litecoin vs. Dingocoin at a Glance
| Category | Litecoin (LTC) | Dingocoin (DINGO) |
|---|---|---|
Content | ≈$8.93B | ≈$4.35M (smaller, offering more upside potential) |
Algorithm | Scrypt (merge-mined with Dogecoin and Dingocoin) | Scrypt (merge-mined with Dogecoin and Litecoin) |
Block Time | ~2.5 minutes on average | ~1 minute (designed for faster transactions) |
Transaction Fees | Usually $0.01–$0.10 | Ultra-low (ideal for frequent usage) |
Hash Rate (Network) | ~1.93 PH/s | ~1.78 PH/s |
Throughput (TPS) | ~54 TPS | ~33 TPS on mainnet (~330 TPS on testnet) |
Fair Launch | Entirely mined—no premine, no insider allocations | Entirely mined—no premine, no insider allocations |
| Age Since Launch | 2011 (one of the earliest altcoins) | Mid-2021 (newer, with room to grow and innovate) |
Inflation (est. 2025) | ~1.7% | ~4.7% |
| Ecosystem & Adoption |
|
|
| Culture & Community | Steady, stable, recognized for reliability | 20% meme-friendliness, 80% tangible progress; community-driven roadmap |
Hashrate and Market cap taken from miningpoolstats.stream on 20 Jan 2025
Key Comparisons
1. Block Time & Speed
- Litecoin: Improves on Bitcoin’s 10-minute block time but still averages under three minutes—fine for moderate payments, though slower than some newer chains.
- Dingocoin: Targets around 1-minute blocks, making it ideal for tipping, smaller purchases, and an overall smoother micro-transaction experience.
2. Transaction Fees & Throughput
- Litecoin: Typically $0.01–$0.10, handling about 54 TPS under normal load.
- Dingocoin: Ultra-low fees, with ~33 TPS on mainnet and ~330 on testnet—built for real-world volume and near-instant activity.
3. Hash Rate & Security
- Litecoin: ~1.91 PH/s, underpinned by a decade of proven stability. Merge-mined with Dogecoin, forming robust synergy.
- Dingocoin: ~1.78 PH/s, almost at Litecoin’s level, also merge-mined with other Scrypt chains. While newer, it’s quickly establishing its security profile with active development and community engagement.
4. Fair Launch & Community Ethos
- Litecoin: Fairly launched in 2011, with no premine and widely respected for improving on Bitcoin’s speed and fees.
- Dingocoin: Began in mid-2021 with zero premine or insider allocations. A flexible, “startup-style” environment lets the community guide development.
5. Ecosystem & Adoption
- Litecoin: Listed on virtually every major exchange, sees large daily on-chain transactions, and is commonly referred to as “digital silver.”
- Dingocoin: Features nine centralized exchange listings, plus wrapped version on BSC. Surpassed 1 million on-chain transactions. A partnership with Flip App provides one of the smoothest UX experiences for crypto payments—letting you send DINGO almost as easily as a text.
Emission & Inflation: A Practical Approach to Crypto
Dingocoin’s Annual Emission
- Blocks produce 10,000 new coins each, adding roughly 5.256 billion coins per year.
- This corresponds to an inflation rate of 4.7% in 2025
Litecoin’s Lower Emission
- Litecoin’s current reward of 6.25 LTC per block results in about 1.314 million new LTC annually—about a 1.7% inflation rate in 2025.
- This pace of emission, shaped by halving events, results in diminishing inflation, appealing to users who favor a controlled, long-term supply model aligned with the ethos of ‘digital silver.’
Elon Musk’s Take on Inflationary Coins
Musk has highlighted how a predictable, gradually diminishing inflation rate (like Dogecoin’s) keeps a coin in circulation and prevents hoarding—making it better suited for practical, day-to-day transactions rather than passive speculation.
Striking a Balance Between Inflation and Utility
- A higher but steadily decreasing inflation (the Dingocoin approach) can incentivize regular spending, while lower-inflation assets like Litecoin may appeal to those seeking a store-of-value narrative.
- Both models can work effectively for smaller payments, though they present different trade-offs in long-term supply and user incentives.
Conclusion
Litecoin remains an excellent option for those who want a reliable, faster-than-Bitcoin coin with lower fees. It’s often referred to as “digital silver,” yet its <3-minute block times and established history mean less flexibility for rapid changes.
Dingocoin, in contrast, is younger—and that’s part of its allure. By aiming for faster blocks, lower fees, and a collaborative, meme-friendly community ethos, Dingocoin brings a fresh spin on tried-and-true Scrypt mining. If you’re looking for a PoW coin that pairs a fair-launch ethos with an agile approach, Dingocoin might be the perfect fit.
—The Dingocoin Guardians