While Litecoin does structurally improve upon Bitcoin’s technology, it still presents risks to investors. Litecoin’s rapidly aging infrastructure is no longer as unique as it was when the coin debut in 2011, with many altcoins now offering the same benefits and efficiency. Litecoin’s founder, Charles Lee, also sold his stake in Litecoin in 2017, which has affected investor confidence.
Litecoin is built upon a naturally open-sourced fork of the BTC Core Client. This makes it much easier for developers to adjust the system and implement new features to keep up with the changing needs of the market. Its flexibility also allows developers to implement software security patches on a regular basis to keep up with hackers’ changing methods of attack.