That was in the Fake L2 section so I was specifically referring to that

I don't know what the fee market or dust level looks like on Litecoin, but since it has 4x the supply, i'd think with all else being equal (we're already at sub-sat fee rates so block space isn't a consideration) it'd be roughly 75% cheaper on a per transaction basis because it can be more granular.

If we introduce time as a cost then it could.

With 1 confirmation on Bitcoin being ~10 minutes, to get similar hashrate securing your Litecoin transaction would take 100 minutes assuming Bitcoin had 10x the hash (which is think it is approximately).

Their faster blocks are similar to supply, more granular, but less valuable. You can get some security in 2.5 minutes on Litecoin.

Assuming the 10x hashrate differential is accurate, and 4x blocks rate, you'd need 400 Litecoin blocks to equal 1 Bitcoin block in terms of security.

Confs on Litecoin are spewed from the mouth for being lukewarm though in pretty much any use-case, since its not as secure as a Bitcoin confirmation, but not as fast as zero-conf or Lightning.

IIRC Litecoin's big niche, and this was before the complexity fraudsters got in, was using a different algo for mining. Seems dumb in retrospect, they could probably have similar security if it were merge mined.

Litecoin was actually ahead of Bitcoin for awhile with Lightning, and it kind of makes sense when you consider that channels get old and will easily live past that 400 block confirmation.

All that aside though, Litecoin's real cost is the cost of crossing networks. Litecoin users will inevitably incur Bitcoin costs as its users at some point have to swap in/out of Bitcoin to have any meaningful purchasing power. What percentage of Litecoin's transactions this turns out to be may never be known, but it's not 0, and you have to consider that cost as a percentage of each transaction when looking at its true cost of use.

Everything in the universe transfers its energy to Bitcoin's gravity.

I think you're right to do so, I think of it in terms of central banks pegging their fiats to other fiats, which makes it all the more hilarious scammers use it in crypto.