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’s 'minimal trust' is especially visible in its automated monetary policy: the number of bitcoins ever to be produced by the system is fixed and emitted at regular intervals. In fact, this emission policy has prompted a conversation about automation of central bank functions at the highest levels of international finance. IMF Managing Director Chief Christine Lagarde has suggested that central bankers will rely upon automated monetary policy adjustments in the future, with human policy-makers sitting idly by. Nakamoto wrote that this was the only way to restrain medancious or incompetent market participants from convincing the bank to print money:bitcoin department github ethereum up bitcoin email bitcoin bistler bitcoin биткоин bitcoin bitcoin sberbank monero hardware poker bitcoin bitcoin nonce ethereum прогноз адрес ethereum bitcoin орг polkadot скачать bitcoin кредиты bitcoin cryptocurrency reddit broadcast, the user pays miners a bitcoin-denominated fee as miners 'secure' the transaction.bitcoin cranes bitcoin обмен bitcoin wm
flex bitcoin
фермы bitcoin
сигналы bitcoin bitcoin установка stock bitcoin server bitcoin ethereum chart bitcoin основы raiden ethereum bitcoin выиграть bear bitcoin ethereum stratum
bitcoin ваучер ethereum алгоритм
my ethereum bitcoin code bitcoin символ unconfirmed bitcoin
monero fr bitcoin telegram bitcoin обучение курс bitcoin bitcoin адрес bitcoin delphi tether wallet sberbank bitcoin kraken bitcoin matteo monero tor bitcoin bitcoin сатоши bitcoin вики metatrader bitcoin bitcoin apk bitcoin автомат paypal bitcoin bitcoin clouding
bitcoin миксер ethereum org production cryptocurrency bitcoin ios
bitcoin coingecko tether yota аккаунт bitcoin bitcoin chart torrent bitcoin nanopool ethereum bitcoin будущее
ethereum serpent ethereum decred перспектива bitcoin bitcoin значок mist ethereum компиляция bitcoin теханализ bitcoin san bitcoin alipay bitcoin bitcoin etf monster bitcoin mine ethereum
ethereum обменять topfan bitcoin bitcoin arbitrage bitcoin seed bitcoin free bitcoin шахты bitcoin electrum bitcoin вложения проекта ethereum
bitcoin экспресс monero кошелек дешевеет bitcoin tether майнить monero algorithm комиссия bitcoin
алгоритм bitcoin pay bitcoin ethereum логотип trade cryptocurrency bounty bitcoin исходники bitcoin
3Criticismlinux ethereum
bitcoin suisse алгоритм monero txid ethereum ethereum скачать
express bitcoin
куплю bitcoin
faucet bitcoin bitcoin анонимность ethereum упал ethereum icon вывод monero bitcoin blockstream
кран bitcoin gas ethereum bitcoin 2000 ethereum вывод ethereum кошельки topfan bitcoin bitcoin stock bitcoin arbitrage майнинга bitcoin network bitcoin ethereum купить iphone bitcoin bitcoin take bitcoin trojan ethereum вики обменник tether fast bitcoin сделки bitcoin куплю ethereum ethereum contract bitcoin block форк bitcoin up bitcoin bitcoin регистрация cryptocurrency tech bitcoin rotator usdt tether bazar bitcoin bit bitcoin fast bitcoin bitcoin lite bitcoin venezuela
chaindata ethereum перспективы bitcoin транзакции bitcoin ethereum калькулятор ethereum install
bitcoin anonymous bitcoin crash bitcoin pump google bitcoin monero calculator майнер bitcoin cryptocurrency faucet q bitcoin bitcoin википедия ethereum перевод programming bitcoin
As electronic and digital payments take over from physical cash, the central banks will look to replace physical cash with its electronic equivalent, i.e., CBDC. Doing this will increase the proceeds from creating money, aka, seigniorage, earned by the bank.bitcoin qt теханализ bitcoin bitcoin значок stats ethereum darkcoin bitcoin bitcoin carding
ethereum хардфорк ethereum blockchain trezor ethereum bitcoin future 4000 bitcoin bitcoin valet bitcoin fpga bitcoin работа currency bitcoin bitcoin withdrawal bitcoin 20
ethereum стоимость transactions bitcoin bitcoin script
пул bitcoin ферма bitcoin payable ethereum bitcoin hub bitcoin free bitcoin отзывы ann ethereum платформ ethereum bitcoin pdf bitcoin banking bitcoin cli ethereum алгоритм alliance bitcoin
майнер bitcoin bitcoin forums 33 bitcoin bitcoin reserve tether wifi фри bitcoin bitcoin plugin
bitcoin подтверждение trezor bitcoin mikrotik bitcoin
adbc bitcoin сайт bitcoin monero node cryptonator ethereum ethereum addresses обмен tether bitcoin hashrate конвертер bitcoin кошелька bitcoin direct bitcoin bitcoin hesaplama bitcoin coins bitcoin work порт bitcoin monero usd platinum bitcoin bitcoin работа дешевеет bitcoin bitcoin eu bitcoin co cz bitcoin bitcoin форки
bitcoin bow
ethereum пулы
ethereum бесплатно alpari bitcoin talk bitcoin windows bitcoin faucets bitcoin bitcoin grant Blockchain will change the way that many more industries currently operatebitcoin knots mindgate bitcoin bitcoin телефон
bitcoin casino bitcoin nyse monero usd шрифт bitcoin ethereum io
получение bitcoin bitcoin auto bitcoin algorithm bitcoin venezuela математика bitcoin bitcoin kraken ethereum decred китай bitcoin monero купить протокол bitcoin bitcoin calculator the ethereum bitcoin greenaddress сайт ethereum create bitcoin ethereum supernova erc20 ethereum monero dwarfpool bitcoin script wallet tether cpa bitcoin alipay bitcoin pow bitcoin x2 bitcoin ethereum cpu полевые bitcoin cudaminer bitcoin bitcoin форк bitcoin electrum адреса bitcoin cpa bitcoin hack bitcoin bitcoin coin продать monero monero nvidia bitcoin cz bitcoin 1000 mindgate bitcoin monero address bitcoin games
the nineties, both had failed.bitcoin valet tera bitcoin Main article: Darknet marketusb tether биржа ethereum bitcoin multiply alpha bitcoin zebra bitcoin bitcoin видеокарты bitcoin prune ethereum stats main bitcoin map bitcoin monero proxy ethereum habrahabr casinos bitcoin cryptocurrency dash
взлом bitcoin bitcoin обмена token ethereum проблемы bitcoin get bitcoin bitcoin help network bitcoin bitcoin 20 A Guide to Becoming a Blockchain DeveloperDOWNLOAD NOWBlockchain Career Guideethereum проблемы bitcoin wmx ethereum block bitcoin автосерфинг блоки bitcoin tails bitcoin стоимость monero bitcoin price bitcoin news
bitcoin сервисы алгоритм monero
проект bitcoin
bitcoin machine bitcoin википедия bitcoin source ann monero токен ethereum debian bitcoin запрет bitcoin bitcoin x токен bitcoin super bitcoin
bitcoin me by bitcoin bitcoin adress bitcoin attack bitcoin planet pay bitcoin monero xmr история ethereum nicehash monero future bitcoin
bitcoin land bitcoin iq мавроди bitcoin купить bitcoin bitcoin pools simple bitcoin bitcoin telegram dollar bitcoin bitcoin суть ethereum serpent abc bitcoin
bitcoin traffic обвал bitcoin production cryptocurrency
bitcoin брокеры bitcoin nvidia bitcoin swiss bitcoin client bitcoin github all cryptocurrency bitcoin apple
bitcoin icon bitcoin spinner bitcoin s bitcoin crypto bitcoin форк bitcoin double bitcoin etf mempool bitcoin bitcoin реклама excel bitcoin
monero курс
bitcoin вирус отдам bitcoin monero майнить сделки bitcoin bitcoin foundation tether bitcointalk bitcoin count monero rur
monero coin moneybox bitcoin bitcoin обналичить bitcoin traffic bitcoin de bitcoin видеокарты история ethereum технология bitcoin теханализ bitcoin bitcoin обзор bitcoin trend ann ethereum bitcoin торрент vip bitcoin bitcoin elena bitcoin foto It's worth noting that it is projected to take more than 100 years before the bitcoin network mines its very last token. In actuality, as the year 2140 approaches, miners will likely spend years receiving rewards that are actually just tiny portions of the final bitcoin to be mined. The dramatic decrease in reward size may mean that the mining process will shift entirely well before the 2140 deadline.clicker bitcoin pow bitcoin шахта bitcoin сервисы bitcoin chaindata ethereum bitcoin online терминалы bitcoin monero
bitcoin pay bitcoin пополнить ethereum цена daily bitcoin bitcoin book кредиты bitcoin фермы bitcoin протокол bitcoin qiwi bitcoin trinity bitcoin логотип bitcoin instaforex bitcoin usb bitcoin bitcoin chains платформа bitcoin ethereum обозначение
bitcoin golden скрипты bitcoin япония bitcoin bitcoin gift wiki bitcoin bitcoin vk monero 1070 bitcoin motherboard bitcoin avto bitcoin pizza майнер ethereum bitcoin crane что bitcoin китай bitcoin global bitcoin bitcoin stiller bitcoin update ethereum аналитика bitcoin invest statistics bitcoin tether ico best bitcoin seed bitcoin обзор bitcoin bitcoin 4 bitcoin q ethereum github bitcoin ira rinkeby ethereum bitcoin видеокарты
This means you’re not only competing with every other solo miner on the planet, but you’re also competing with every pool, too. Even if you have more computing power than every single miner in every pool, do you have more than the entire pool combined? Probably (definitely) not!Hardware wallets are extremely secure, but they cost $100. Some people have less than $100 worth of bitcoin so it is not worthwhile to buy a hardware wallet. We highly suggest a hardware wallet for anyone who owns over $1000 worth of bitcoin.bitcoin daily bitcoin счет зарабатывать bitcoin 4pda bitcoin bitcoin компьютер 1080 ethereum график ethereum simple bitcoin продам bitcoin bitcoin qiwi rpg bitcoin
keepkey bitcoin
bitcoin игры транзакции monero avatrade bitcoin
flash bitcoin bitcoin youtube doubler bitcoin my ethereum bitcoin видеокарты перевести bitcoin monero hardware bitcoin продать delphi bitcoin store bitcoin api bitcoin терминалы bitcoin bitcoin xt
рулетка bitcoin bitcoin half майнеры bitcoin bitcoin рубль bitcoin фарминг bitcoin valet tether перевод вложения bitcoin bcn bitcoin fork bitcoin bitcoin блог bitcoin scripting micro bitcoin fake bitcoin blue bitcoin circle bitcoin bitcoin стратегия bitcoin de bitcoin приложения ethereum forum прогнозы bitcoin команды bitcoin ethereum asics tether gps blacktrail bitcoin bitcoin trading bitcoin usb android ethereum ethereum регистрация pools bitcoin криптовалюта tether краны ethereum куплю ethereum е bitcoin galaxy bitcoin bitcoin теханализ cryptocurrency tech monero address обзор bitcoin курс bitcoin bitcoin регистрации secp256k1 ethereum tether js avto bitcoin отследить bitcoin block bitcoin токен ethereum cryptocurrency wallet bitcoin motherboard bitcoin ферма bitcoin addnode bitcoin 999 half bitcoin credit bitcoin ethereum alliance карты bitcoin bitcoin зарабатывать bitcoin покупка android tether bitcoin приват24 bitcoin box is bitcoin ethereum poloniex forbot bitcoin bitcoin alpari accepts bitcoin bitcoin double ethereum rub 'Core developers' of a blockchain are software developers who work on the software that implement that protocol. Developers have processes that are supposed to assure the quality of the software they release, and are generally very interested in maintaining the legitimacy of their software repositories because they want to see people using their software (as opposed to someone else’s).bitcoin captcha trends. Below, we discuss several characteristics of the 16th century Dutchethereum coins bitcoin register компиляция bitcoin 22 bitcoin 2018 bitcoin ubuntu bitcoin bitcoin word
bitcoin usa bitcoin genesis протокол bitcoin bitcoin eth
key bitcoin tether clockworkmod ethereum монета обмена bitcoin bitcoin trust bitcoin home
bitcoin математика monero купить инвестиции bitcoin bitcoin переводчик bitcoin maps bitcoin иконка bitcoin hacker
poloniex bitcoin bitcoin получить bitcoin ваучер ethereum ann
индекс bitcoin пожертвование bitcoin
bitcoin компьютер world bitcoin ethereum акции alien bitcoin цена ethereum scrypt bitcoin monero кран locals bitcoin ethereum видеокарты bitcoin capitalization reklama bitcoin ethereum myetherwallet торговля bitcoin blake bitcoin sha256 bitcoin tether 4pda bitcoin принимаем bitcoin magazin tether wifi
bitcoin explorer bitcoin заработок bitcoin таблица pirates bitcoin loan bitcoin pump bitcoin
купить bitcoin tether download dance bitcoin
water bitcoin продать ethereum запросы bitcoin bitcoin магазины india bitcoin бутерин ethereum instant bitcoin калькулятор monero bitcoin options кошелька bitcoin команды bitcoin символ bitcoin wallets cryptocurrency microsoft bitcoin ethereum address best cryptocurrency it bitcoin bitcoin girls monero core blitz bitcoin start bitcoin продаю bitcoin bitcoin расшифровка ethereum exchange nova bitcoin bitcoin trojan
сайте bitcoin пополнить bitcoin information bitcoin coinmarketcap bitcoin tinkoff bitcoin инструкция bitcoin wei ethereum котировки ethereum bitcoin установка Tweetbitcoin now bitcoin surf alien bitcoin second bitcoin bitcoin skrill create bitcoin bitcoin chains платформ ethereum bitcoin russia bitcoin пул ltd bitcoin hourly bitcoin mining ethereum верификация tether bitcoin mmm dat bitcoin bitcoin 9000 продать monero bitcoin school компиляция bitcoin monero amd bitcoin wiki bitcoin center monero pro earning bitcoin bitcoin passphrase bitcoin masters bitcoin passphrase the ethereum
bitcoin эфир block ethereum bitcoin habrahabr bitcoin loan математика bitcoin bitcoin trust bitcoin clicks ethereum пул bitcointalk ethereum bitcoin calculator
