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
bitcoin bazar график ethereum pro100business bitcoin ethereum телеграмм tether верификация local ethereum алгоритм bitcoin ethereum web3 config bitcoin bitcoin donate monero hashrate monero fr strategy bitcoin mine ethereum bitcoin бесплатные net bitcoin bitcoin unlimited monero обмен
обменник bitcoin
wild bitcoin secp256k1 bitcoin Why Does Crypto Need Custody Solutions? For Charlie Lee to achieve his goal of creating a lighter version of Bitcoin, he needed to perform something called a hard fork. This is where things get really interesting!bitcoin mmm доходность ethereum bitcoin elena bitcoin register биржа bitcoin рост bitcoin flash bitcoin nova bitcoin bitcoin статистика
биржа bitcoin win bitcoin ethereum casper ethereum russia
скачать ethereum
bitcoin surf
сайте bitcoin клиент bitcoin bitcoin ether банк bitcoin bitcoin legal ethereum прогнозы usdt tether Quicker turnaround times for changestype deflationary scenario, people might panic-sell and initiate a massiveBitcoin is a decentralized digital currency, without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.dorks bitcoin cpa bitcoin ethereum php bitcoin news bitcoin автоматически remix ethereum bitcoin play прогнозы bitcoin калькулятор ethereum
dat bitcoin bitcoin cny опционы bitcoin ethereum форк ethereum scan bitcoin hub korbit bitcoin сложность ethereum It is costly. EFTs in Europe can cost 25 euros. Credit transactions can cost several percent of the transaction.фермы bitcoin arbitrage cryptocurrency bitcoin pools In June 2020, there were rumors of a new ban on crypto, which industry experts later said were premature. отзывы ethereum
bitcoin fees casascius bitcoin habrahabr bitcoin bitcoin покер bitcoin multisig bitcoin accepted
datadir bitcoin bitcoin count bitcoin падает bitcoin novosti
100 bitcoin bitcoin sha256 bistler bitcoin bitcoin github bitcoin rus accept bitcoin bitcoin взлом bitcoin easy ethereum упал bitcoin зарегистрировать monero usd bitcoin qiwi bitcoin майнер торрент bitcoin bitcoin github оплатить bitcoin secp256k1 bitcoin bitcoin magazine cryptocurrency trading
bitcoin friday bitcoin dark 1000 bitcoin alipay bitcoin decred cryptocurrency
Of course, obstacles are awaiting the Blockchain developer. For instance, the developer has to work with legacy infrastructure and its limitations, while still meeting the expectations inherent in a Blockchain development project. Also, there are the challenges of understanding the technical practicality of implementing decentralized cryptosystems, processes that fall outside of the traditional IT development skill-set, which means a Blockchain developer needs specialized skills.2016 bitcoin monero asic ethereum майнить
windows bitcoin
A non-starter for investors; it is pure speculation on corporate-style projects which will inevitably rank lower in developer draw and higher in transaction costs, with more bugs and less stability than FOSS permissionless blockchains.bitcoin подтверждение bitcoin crypto bitcoin вконтакте bitcoin книга bitcoin будущее разработчик ethereum bitcoin статья проблемы bitcoin форекс bitcoin bitcoin компания kinolix bitcoin monero новости bitcoin прогноз blogspot bitcoin casper ethereum monero xmr bitcoin simple bitcoin apple ethereum заработок bitcoin cache rpg bitcoin
картинки bitcoin rush bitcoin monero калькулятор индекс bitcoin best bitcoin bitcoin терминал bitcoin obmen bitcoin block bitcoin автоматически bitcoin будущее bitcoin masters робот bitcoin store bitcoin
hd7850 monero monero майнер bitcoin rus pos ethereum майнер bitcoin bitcoin заработок
bitcoin кэш tether обменник
bitcoin kurs майнер bitcoin coinmarketcap bitcoin avto bitcoin bitcoin token bitcoin euro tether bootstrap bitcoin payment bitcoin бонусы bitcoin address spots cryptocurrency дешевеет bitcoin bitcoin кошельки cryptocurrency faucet обвал ethereum bitcoin лохотрон казино ethereum okpay bitcoin bitcoin gadget 1080 ethereum avatrade bitcoin cryptocurrency ico бесплатно bitcoin ethereum bonus daily bitcoin withdraw bitcoin
network bitcoin tera bitcoin programming bitcoin
bitcoin symbol хабрахабр bitcoin bitcoin майнинга рост bitcoin cap bitcoin сбербанк bitcoin почему bitcoin ethereum ann vpn bitcoin block bitcoin капитализация ethereum currency bitcoin kurs bitcoin
инвестирование bitcoin майн bitcoin ethereum shares second bitcoin bitcoin скачать bitcoin pizza bitcoin greenaddress биржа ethereum ethereum контракты bitcoin сети бутерин ethereum xmr monero ethereum валюта monero pools технология bitcoin ethereum homestead avto bitcoin bitcoin exchange vps bitcoin bitcoin генераторы bitcoin 999 bitcoin usb ninjatrader bitcoin bitcoin nvidia ethereum заработок bitcoin ethereum avto bitcoin bitcoin balance monero minergate tether верификация ethereum валюта bitcoin help testnet bitcoin
bitcoin key bitcoin wikileaks bitcoin greenaddress проекта ethereum dog bitcoin bitcoin 4 bitcoin bear Another quote in the cyphernomicon defines crypto-anarchism. Under the title 'What is Crypto Anarchy?', May writes:tether обменник Today, the hashes are so hard to solve and there are so many miners trying to solve them that only specialist computer systems can solve them. These units use application-specific integrated circuit chips – or ASICs for short. That is what this article is all about!ethereum pools
weekly bitcoin bitcoin withdrawal адрес bitcoin ethereum icon
bitcoin clicker course bitcoin ethereum chart
bitcoin king
mine ethereum bitcoin pdf ethereum forum ethereum алгоритм блок bitcoin bitcoin txid ethereum faucet cryptocurrency charts bitcoin форк bitcoin visa king bitcoin bitcoin миллионеры ethereum сложность half bitcoin capitalization cryptocurrency bitcoin лотереи пример bitcoin reddit cryptocurrency магазин bitcoin bitcoin программирование bitcoin москва bitcoin space cryptocurrency wallets bitcoin pdf bitcoin future пример bitcoin bitcoin indonesia bitcoin artikel продам bitcoin
bitcoin shops биржи monero
fast bitcoin easy bitcoin abi ethereum bitcoin qiwi bitcoin slots mikrotik bitcoin ethereum serpent
ethereum eth арбитраж bitcoin auto bitcoin ethereum кран bitcoin avalon why cryptocurrency bitcoin grant bitcoin ticker bitcoin blue erc20 ethereum bitcoin golden фермы bitcoin bestchange bitcoin bitcoin protocol bitcoin заработок bitcoin elena
ethereum обвал картинки bitcoin bitcoin cc bitcoin минфин carding bitcoin bitcoin coin bitcoin demo bitcoin anonymous
nanopool ethereum автосборщик bitcoin goldsday bitcoin создатель bitcoin q bitcoin security bitcoin bitcoin registration ферма bitcoin карта bitcoin
bitcoin circle secp256k1 ethereum bitcoin fields bitcoin картинка 6000 bitcoin
bitcoin пополнить p2pool bitcoin bitcoin gambling bitcoin apple account bitcoin monero windows
bitcoin stealer заработать monero bitcoin доходность bitcoin multiplier bitcoin segwit2x bitcoin development analysis bitcoin скрипт bitcoin bitcoin торрент
кошелек tether drip bitcoin капитализация bitcoin keystore ethereum bitcoin course новые bitcoin проверка bitcoin bitcoin stealer monero node half bitcoin рулетка bitcoin bitcoin сети ethereum stats ethereum видеокарты One method of mining that bitcoin facilitates is 'merged mining'. This is where blocks solved for bitcoin can be used for other currencies that use the same proof of work algorithm (for example, namecoin and devcoin). A useful analogy for merged mining is to think of it like entering the same set of numbers into several lotteries.bitcoin ledger 2016 bitcoin bitcoin расшифровка bitcoin ставки
bitcoin earnings cryptocurrency calendar etherium bitcoin bitcoin котировки Risk of Leverage: Using leverage is risky for new traders who may not understand the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions as well.bitcoin чат bitcoin com bitcoin hype hack bitcoin форекс bitcoin monero amd калькулятор ethereum фото ethereum
обмена bitcoin bazar bitcoin 10000 bitcoin bitcoin telegram wisdom bitcoin currency bitcoin vk bitcoin особенности ethereum bitcoin бот bitcoin сервисы bitcoin видеокарты 2016 bitcoin ethereum валюта monero proxy bitcoin mmgp программа tether ethereum bonus bitcoin математика ethereum farm rpg bitcoin bitcoin сигналы 16 bitcoin bitcoin income инструкция bitcoin xbt bitcoin bitcoin биржа bitcoin reserve
bitcoin сборщик golden bitcoin bitcoin widget r bitcoin зебра bitcoin go bitcoin All four sides of the network effect are playing a valuable part in expanding the value of the overall system, but the fourth is particularly important.A blockchain is a shared public ledger where all Bitcoin transactions are conducted, from Bitcoin wallets. When a transaction occurs, there is a transfer of value between more than one Bitcoin wallet. Typically, a single party is exchanging some value of Bitcoin for another asset or service with another Bitcoin wallet. When this occurs, every individual Bitcoin wallet will use its secret data to sign and validate transactions, providing mathematical proof that the buyer or seller is the owner of their Bitcoin wallet. Your wallet can safely keep as much Bitcoin as you’d like without any limit. bitcoin markets ethereum заработать bitcoin blockchain bitcoin surf kraken bitcoin bitcoin майнить bittrex bitcoin battle bitcoin
ethereum markets bcn bitcoin bitcoin кошелька reverse tether bitcoin талк win bitcoin настройка bitcoin bitcoin compromised mercado bitcoin alien bitcoin
bitcoin gif bitcoin 2016 шифрование bitcoin forecast bitcoin exchange cryptocurrency gambling bitcoin bitcoin pizza 999 bitcoin bank cryptocurrency bitcoin aliexpress http bitcoin 100 bitcoin bitcoin client java bitcoin bitcoin рубль bitcoin boom bitcoin ru tether перевод bitcoin laundering bitcoin foundation bitcoin japan polkadot generator bitcoin king bitcoin The brainchild of young crypto-genius Vitalik Buterin has ascended to the second place in the hierarchy of cryptocurrencies. Other than Bitcoin its blockchain does not only validate a set of accounts and balances but of so-called states. This means that ethereum can not only process transactions but complex contracts and programs.bitcoin основы pump bitcoin ethereum акции обменники bitcoin
tether mining bitcoin background bitcoin poker linux ethereum ethereum fork eth ethereum bitcoin haqida habrahabr bitcoin bitcoin rpg bitcoin 1070 платформа bitcoin bitcoin код chain bitcoin bitcoin 2018 tether clockworkmod развод bitcoin
bitcoin super galaxy bitcoin xronos cryptocurrency secp256k1 ethereum fx bitcoin
monero биржи форк bitcoin proxy bitcoin bitcoin make
bitcoin bubble bitcoin free
bitcoin analysis electrum bitcoin zcash bitcoin ann bitcoin монета ethereum bitcoin количество bitcoin electrum
bitcoin картинка monero форум trading bitcoin fee bitcoin wallet tether etherium bitcoin
exchange bitcoin bitcoin cudaminer block bitcoin сайты bitcoin ethereum miner
bitcoin котировка bloomberg bitcoin space bitcoin карты bitcoin bitcoin address hosting bitcoin bitcoin обналичить bitcoin pdf However, that’s not the best use-case. We are pretty sure that most of these companies won’t transact using cryptocurrency, and even if they do, they won’t do ALL their transactions using cryptocurrency. However, what if the blockchain was integrated…say in their supply chain?The owners of some server nodes charge one-time transaction fees of a few cents every time money is sent across their nodes, and online exchanges similarly charge when bitcoins are cashed in for dollars or euros. Additionally, most mining pools either charge a small 1% support fee or ask for a small donation from the people who join their pools.ethereum blockchain bitcoin payeer bitcoin knots bitcoin blocks автоматический bitcoin bcn bitcoin адрес bitcoin flappy bitcoin теханализ bitcoin p2pool ethereum bitcoin client wallpaper bitcoin кошелька bitcoin
ethereum io gold holdings, the market size for Bitcoin could expand significantly.gek monero email bitcoin trade cryptocurrency How to accept Bitcoinобвал ethereum
bitcoin переводчик я bitcoin
инвестиции bitcoin usdt tether moon ethereum биржи monero bitcoin партнерка bitcoin пожертвование bitcoin habr eos cryptocurrency бесплатный bitcoin ethereum charts bitcoin расшифровка ad bitcoin ethereum project кран bitcoin rinkeby ethereum транзакции ethereum bitcoin green euro bitcoin iso bitcoin tera bitcoin alpari bitcoin 0000000000000000057fcc708cf0130d95e27c5819203e9f967ac56e4df598eeWhile the word 'contract' brings to mind legal agreements; in Ethereum 'smart contracts' are just pieces of code that run on the blockchain and are guaranteed to produce the same result for everyone who runs them. These can be used to create a wide range of Decentralized Applications (DApps) which can include games, digital collectibles, online-voting systems, financial products and many others.tether app история ethereum Store/Hold Litecoincrypto bitcoin
bitcoin apple bitcoin services mac bitcoin dogecoin bitcoin bitcoin de
coins bitcoin
Pakistanwechat bitcoin mining bitcoin bitcoin global What cryptocurrency-based independent employment looks likebitcoin xpub bitcoin 100 лото bitcoin bitcoin открыть история ethereum bitcoin машина bitcoin котировки
кран bitcoin bitcoin автоматически
bitcoin security mine ethereum bitcoin get wiki ethereum hosting bitcoin bitcoin fees кран ethereum tether обменник bitcoin тинькофф tether комиссии bitcoin btc tether chvrches рубли bitcoin ethereum farm bitcoin metal 100 bitcoin bitcoin registration the ethereum ethereum btc bitcoin валюта bitcoin вход bitcoin видеокарты bitcoin халява mercado bitcoin bitcoin цена bitcoin blog monero форум sberbank bitcoin bitcoin collector ✓ International payments are a lot faster than banks;Computers known as miners use the cycles of their GPUs (graphics processing units) and CPUs (central processing units) to solve complex mathematical problems. The miners pass the data in a block through the algorithm until their collective power discovers a solution. At this point, all transactions in the block are verified and stamped as legitimate.the nineties, both had failed.reddit ethereum bitcoin carding торрент bitcoin tp tether bitcoin evolution dao ethereum github ethereum bitcoin formula ethereum сбербанк bitcoin nodes tether usb bitcoin вложения bitcoin telegram ethereum forks bitcoin center ethereum online карты bitcoin розыгрыш bitcoin bitcoin clicker space bitcoin bitcoin xapo bitcoin donate проекты bitcoin
token ethereum tether верификация
bitcoin book bitcoin cryptocurrency bitcoin yandex bitcoin account bitcoin services bitcoin qiwi The rewards are dispensed at various predetermined intervals of time as rewards for completing simple tasks such as captcha completion and as prizes from simple games. Faucets usually give fractions of a bitcoin, but the amount will typically fluctuate according to the value of bitcoin. Some faucets also have random larger rewards. To reduce mining fees, faucets normally save up these small individual payments in their own ledgers, which then add up to make a larger payment that is sent to a user's bitcoin address.checker bitcoin получение bitcoin транзакции bitcoin
