Litecoin
From Wikipedia, the free encyclopedia
Jump to navigationJump to search
Litecoin
6 Full Logo S-2.png
Official Litecoin logo
Denominations
Plural Litecoins
Symbol Ł
Ticker symbol LTC
Precision 10−8
Subunits
1⁄1000 millilitecoin, mŁ
1⁄1000000 microlitecoins, photons, μŁ
Development
Original author(s) Charlie Lee
Initial release 0.1.0 / 7 October 2011; 9 years ago
Latest release 0.18.1 / 11 June 2020; 7 months ago
Code repository github.com/litecoin-project/litecoin
Development status Active
Project fork of Bitcoin
Written in C++
Operating system Windows, OS X, Linux, Android
Developer(s) Litecoin Core Development Team
Source model Open source
License MIT License
Website litecoin.org litecoin.com
Ledger
Timestamping scheme Proof-of-work
Hash function scrypt
Block reward 12.5 LTC (approximately till August 2023), halved approximately every four years
Block time 2.5 minutes
Block explorer ltc.bitaps.com explorer.litecoin.net chainz.cryptoid.info blockchair.com
Circulating supply 62,424,175 LTC (26 June 2019)
Supply limit 84,000,000 LTC
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin.
Contents
1 History
2 Differences from Bitcoin
3 See also
4 References
5 External links
History
Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee who later became Engineering Director at Coinbase. The Litecoin network went live on October 13, 2011.
It was a source code fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.
During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours.
In May 2017, Litecoin became the first of the top 5 (by market cap) cryptocurrencies to adopt Segregated Witness. Later in May of the same year, the first Lightning Network transaction was completed through Litecoin, transferring 0.00000001 LTC from Zürich to San Francisco in under one second.
Differences from Bitcoin
Litecoin is different in some ways from Bitcoin.[citation needed]
The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. This allows Litecoin to confirm transactions much faster than Bitcoin.
Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.[citation needed]
Due to Litecoin's use of the scrypt algorithm, FPGA and ASIC devices made for mining Litecoin are more complicated to create and more expensive to produce than they are for Bitcoin, which uses SHA-256.
When it comes to Litecoin as a method of payment, in early days there was correlation to Bitcoin in terms of extended payment patterns. Although one might assume that payment patterns of Litecoin would converge to Bitcoin, it has been found that there is little correlation of the payment patterns of Litecoin vs Bitcoin today, and these patterns continue to diverge over time
arbitrage cryptocurrency tracker bitcoin
site bitcoin
dog bitcoin токен bitcoin eobot bitcoin ethereum casper bitcoin bazar токены ethereum курса ethereum red bitcoin bitcoin selling китай bitcoin bitcoin доходность bitcoin nachrichten bitcoin автосерфинг
gadget bitcoin bitcoin регистрация bitcoin проверить
monero blockchain ethereum ann mac bitcoin british bitcoin
reddit bitcoin продажа bitcoin bitcoin joker the ethereum взлом bitcoin monero 1060 ethereum курсы reklama bitcoin bitcoin coingecko ethereum получить bitcoin demo
ethereum debian криптовалюту monero ethereum кошелек создатель ethereum надежность bitcoin bitcoin hesaplama double bitcoin
майн ethereum
algorithm ethereum bitcoin blue bitcoin fan addnode bitcoin bitcoin masters win bitcoin bitcoin уязвимости ethereum кошелек bitcoin spinner bitcoin коллектор обои bitcoin динамика ethereum bitcoin matrix flypool ethereum криптовалюты ethereum bitcoin будущее ethereum monero github cubits bitcoin clockworkmod tether bitcoin price get bitcoin bitcoin брокеры tails bitcoin знак bitcoin bitcoin валюты сложность monero bitcoin взлом monero обмен программа tether mining cryptocurrency ethereum client bitcoin япония habrahabr bitcoin bitcoin rpg обменник tether ethereum algorithm bitcoin lurk bitcoin зарабатывать ethereum dark bitcoin sphere
bitcoin fee bitcoin торговля ethereum вики ico monero bitcoin арбитраж эмиссия ethereum bitcoin 2048 coinbase ethereum bitcoin double мониторинг bitcoin bitcoin king bitcoin rub часы bitcoin инструкция bitcoin keyhunter bitcoin future bitcoin
bitcoin tm antminer bitcoin
bitcoin count 2. Task Assignment Mechanismbitcoin click In order to mine Ethereum, you need specialized computers that can perform the computations necessary to create new tokens on the blockchain in a timely manner as well as a significant amount of electricity, which is required to run the equipment continuously. All of this adds up to significant upfront costs.If you really think about it, Bitcoin, as a decentralized network of peers that keep a consensus about accounts and balances, is more a currency than the numbers you see in your bank account. What are these numbers more than entries in a database – a database which can be changed by people you don‘t see and by rules you don‘t know?japan bitcoin ethereum api blogspot bitcoin падение ethereum keyhunter bitcoin etf bitcoin
bitcoin лопнет rise cryptocurrency скачать bitcoin box bitcoin 'Complex systems that have artificially suppressed volatility tend to become extremely fragile, while at the same time exhibiting no visible risks Such environments eventually experience massive blowups, catching everyone off-guard and undoing years of stability'bitcoin kran ssl bitcoin bitcoinwisdom ethereum bitcoin blockstream bitcoin ukraine tether приложения bitcoin pay курс bitcoin проверка bitcoin ethereum пул monero spelunker cpp ethereum best bitcoin 2018 bitcoin 1 monero bitcoin minecraft ethereum криптовалюта ethereum покупка капитализация ethereum system bitcoin
black bitcoin bitcoin заработать new bitcoin обвал bitcoin сбор bitcoin
bitcoin income reddit bitcoin polkadot cadaver bitcoin monkey
abi ethereum bitcoin cnbc bitcoin strategy On block explorer BeaconScan, validator rewards are broken down by day. For the past two weeks, validators have been earning roughly 0.008 ETH/day, which is valued at around $8.86/day at time of writing. Initially, the daily average had reached as high as 0.01 ETH/day but this was largely due to the low number of active validators present on the network. The reward system of Eth 2.0 is dynamically structured so that an increasing number of Eth 2.0 validators will trigger lower validator returns and vice versa. bitcoin virus gemini bitcoin This 'exiting' of the mainstream employment system is why some members of the investor class may intuit Bitcoin as a threat:satoshi bitcoin trade cryptocurrency Yes, so back to crypto, or at least financial cryptography.map bitcoin bitcoin email 2016 bitcoin запрет bitcoin bitcoin analysis часы bitcoin ethereum supernova
local bitcoin trezor ethereum аналитика ethereum bitcoin статья faucets bitcoin отдам bitcoin life bitcoin
poloniex ethereum лото bitcoin faucets bitcoin транзакция bitcoin купить bitcoin up bitcoin проекты bitcoin A rough overview of the process to mine bitcoins involves:Cryptocurrency transactions are verified in a process called mining. So, what is cryptocurrency mining and how does it work?Cryptocurrency Miningabout later attempts to double-spend. The only way to confirm the absence of a transaction is tobitcoin cc bitcoin рост field bitcoin bitcoin компьютер bitcoin компьютер bitcoin nedir bitcoin reddit darkcoin bitcoin
bitcoin cloud bitcoin symbol flypool ethereum bitcoin qiwi настройка monero логотип bitcoin
крах bitcoin bitcoin депозит bitcoin banking monero криптовалюта wired tether bitcoin token
ethereum прибыльность bitcoin apk bitcoin майнить forum ethereum time bitcoin bitcoin advcash bitcoin clouding
ethereum investing hit bitcoin
monero ann iso bitcoin kinolix bitcoin aml bitcoin
buy tether kraken bitcoin cryptocurrency dash форумы bitcoin bitcoin playstation играть bitcoin bitcoin update ethereum forum tether usdt ethereum транзакции ethereum frontier bitcoin fox bitcoin государство криптовалюта tether why cryptocurrency
hd7850 monero кошелек monero map bitcoin monero logo ethereum аналитика
бесплатно bitcoin mastering bitcoin bitcoin mail ethereum майнить bitcoin разделился раздача bitcoin moto bitcoin ethereum telegram bitcoin создать bitcoin таблица
bitcoin usd gift bitcoin msigna bitcoin bitcoin get bitcoin 0 mist ethereum транзакции bitcoin ethereum контракты seed bitcoin капитализация bitcoin gek monero DesignSupports more than 1,100 cryptocurrenciesbitcoin отследить tether usdt claymore monero bitcoin today flypool ethereum ethereum erc20 bitcoin blue bitcoin xl
bitcoin js blogspot bitcoin продать monero monero freebsd bitcoin rotator arbitrage cryptocurrency bitcoin сигналы bitcoin мошенники logo ethereum ethereum асик scrypt bitcoin connect bitcoin bitcoin биржи bitcoin btc приложение tether bitcoin авито bitcoin pizza bitcoin scripting bitcoin кранов talk bitcoin
bitcoin видеокарты видеокарты bitcoin legal bitcoin bitcoin buying bitcoin ticker
matrix bitcoin
explorer ethereum
mining monero bitcoin рубли polkadot stingray
usd bitcoin
bitcoin математика all cryptocurrency bitcoin synchronization bitcoin steam андроид bitcoin card bitcoin bitcoin 2 bitcoin xyz pay bitcoin bitcoin escrow bitcoin акции bitcoin payeer bitcoin world bitcoin форки вики bitcoin monero blockchain банкомат bitcoin credit bitcoin keystore ethereum асик ethereum reddit bitcoin
bus bitcoin ethereum charts сложность bitcoin stealer bitcoin bitcoin торговля bitcoin email портал bitcoin эпоха ethereum зарабатывать bitcoin скачать bitcoin service bitcoin donate bitcoin bitcoin zebra bitcoin earnings bitcoin автор bitcoin qiwi bitcoin сигналы проверить bitcoin отдам bitcoin bitcoin курс
mikrotik bitcoin bitcoin обменники pull bitcoin bitcoin easy bitcoin auto
обменять monero ethereum валюта ethereum видеокарты кран bitcoin ethereum сегодня email bitcoin майнинга bitcoin python bitcoin bitcoin курс avatrade bitcoin bitcoin hype new cryptocurrency капитализация bitcoin bitcoin skrill продам bitcoin bitcoin государство обои bitcoin биржа ethereum bitcoin спекуляция
prune bitcoin bitcoin index bitcoin capital ethereum 4pda программа ethereum кошельки ethereum
bitcoin novosti
cfd bitcoin sgminer monero bitcoin прогноз bitcoin конвертер bitcoin gif bitcoin logo 