Litecoin's decentralized nature contributes to its resilience and security in several ways:
Reduced Vulnerability to Single Points of Failure: Being decentralized means that Litecoin operates on a network of nodes distributed across the globe. This decentralized structure reduces the risk of a single point of failure, making it more resilient to attacks or disruptions.
Consensus Mechanism: Litecoin uses a decentralized consensus mechanism called Proof of Work (PoW) to validate_