What are the privacy techniques that used with Litecoin? and what are the differences between Bitcoin and Litecoin in privacy techniques?
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As far as I know, Bitcoin and Litecoin implement transactions in exactly the same way, so the principles of privacy should be exactly the same for both.– Nate EldredgeCommented Mar 23, 2016 at 17:07
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+ Litecoin is hardly used, so there's a much smaller pool of people to hide in (or mix with). Although I guess obscurity could be a plus in that no one is really interested in investigating it.– JannesCommented Mar 23, 2016 at 17:15
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1 Answer
There is no substantial technical difference between Litecoin and Bitcoin transactions.
Litecoin does not offer any additional "privacy techniques". The only differences are:
- address scheme: Litecoin addresses start with an L, Bitcoin standard addresses start wtih a 1.
- Volume: Bitcoin volume is much higher, so it might be easier to obscure a payment among the other transactions.
- Attention: Bitcoin might have more attention of law enforcement.
Note: The last two points are based on speculation.
