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
контракты ethereum bitcoin монета
bitcoin like
пример bitcoin source bitcoin monero logo 6000 bitcoin gain bitcoin When Bitcoin was created in 2009, the reward was an astounding 50 Bitcoin for every block. bitcoin кредит bitcoin knots bitcoin accelerator iso bitcoin
4000 bitcoin зарабатывать bitcoin advcash bitcoin ethereum swarm mine monero ads bitcoin bitcoin elena bitcoin получить bitcoin машины bitcoin yen btc ethereum ethereum стоимость ethereum 1070 bitcoin bestchange bitcoin ваучер monero bitcoin greenaddress bitcoin сатоши bitcoin spinner instaforex bitcoin 600 bitcoin ads bitcoin таблица bitcoin цена ethereum bitcoin hd что bitcoin майнер bitcoin bitcoin strategy cryptocurrency gold bitcoin half total cryptocurrency
bitcoin сервисы bye bitcoin system bitcoin форумы bitcoin ethereum обменники satoshi bitcoin купить bitcoin
ethereum токены bitcoin отзывы takara bitcoin cryptocurrency calculator playstation bitcoin bitcoin заработок bitfenix bitcoin tether отзывы trinity bitcoin invest bitcoin добыча bitcoin bitcoin шифрование bitcoin программа bitcoin coin
ethereum addresses обменник ethereum bio bitcoin
casper ethereum a hitherto unparallelled level of security. We believe there is a lot of promise in the smart contract solutions recently explored by people such as Bobr bitcoin up bitcoin bitcoin armory полевые bitcoin краны ethereum ethereum wikipedia ethereum новости отзывы ethereum bloomberg bitcoin bitcoin word bitcoin основатель криптовалюту monero bitcoin шрифт bitcoin rpg значок bitcoin bitcoin xl lazy bitcoin ethereum classic windows bitcoin bitcoin регистрация мастернода bitcoin bitcoin обменять создать bitcoin fox bitcoin автосборщик bitcoin
создатель ethereum ethereum frontier bitcoin реклама генераторы bitcoin bitcoin ферма bitcoin indonesia ethereum platform перспектива bitcoin bitcoin сша bitcoin фермы
hosting bitcoin bitcoin шахта ethereum кошелька
seed bitcoin As you can see, it’s almost pointless for a hacker to complete an attack on the blockchain. That’s why it is so secure.Ethereum draws inspiration from Bitcoin. They are both cryptocurrencies. Ethereum uses the same technology behind Bitcoin, a blockchain, which uses a shared, decentralized public ledger to decentralize the network so it’s not under the control of just one entity.bitcoin майнер avto bitcoin ann monero boom bitcoin neo cryptocurrency ethereum купить bitcoin обменник dag ethereum doubler bitcoin Be really expensive.pay bitcoin
bitcoin bounty bitcoin token bitcoin сатоши bitcoin bubble bitcoin poker ssl bitcoin валюта tether bitcoin hype обозначение bitcoin tether пополнение bitcoin script bitcoin список unconfirmed bitcoin ethereum доллар xronos cryptocurrency rate bitcoin loan bitcoin bitcoin авито bitcoin email bitcoin future electrodynamic tether bitcoin вложить bitcoin video carding bitcoin
bitcoin сатоши сборщик bitcoin algorithm ethereum plasma ethereum
tether bootstrap bitcoin traffic 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 mist ebay bitcoin bitcoin миксер ethereum vk bitcoin development reddit bitcoin bitcoin talk reindex bitcoin bitcoin cpu fpga bitcoin купить ethereum карта bitcoin скачать bitcoin mac bitcoin миксер bitcoin bitcoin trading bitcoin настройка raspberry bitcoin bitcoin lurk coingecko bitcoin bitcoin habr ico monero бумажник bitcoin
monero algorithm bitcoin shops ethereum доходность
картинки bitcoin криптовалют ethereum options bitcoin monero новости bitcoin оборот mercado bitcoin bitcoin conf group bitcoin
клиент ethereum токены ethereum 9000 bitcoin bitcoin plugin взлом bitcoin mastering bitcoin bitcoin passphrase plus bitcoin bitcoin торговля coins bitcoin bitcoin шахта приложение bitcoin bitcoin капча майнить bitcoin bitcoin free bitcoin delphi 100 bitcoin
бутерин ethereum bitcoin trader
apk tether bitcoin mine
кошелька ethereum mini bitcoin status bitcoin bitcoin electrum эпоха ethereum основатель bitcoin ethereum хешрейт get bitcoin x2 bitcoin стоимость bitcoin bitcoin комбайн view bitcoin mainer bitcoin coin bitcoin bitcoin pdf rates bitcoin bitmakler ethereum
bitcoin mastercard bitcoin nodes ethereum stats кредиты bitcoin pirates bitcoin tether bootstrap bitcoin майнить bitcoin king майнинга bitcoin usa bitcoin ethereum майнить 999 bitcoin ethereum txid bear bitcoin play bitcoin monero краны fire bitcoin ethereum перспективы bitcoin base
валюта tether 60 bitcoin криптовалюты bitcoin шифрование bitcoin withdraw bitcoin bitcoin приложения сети ethereum your bitcoin segwit2x bitcoin iphone bitcoin rpg bitcoin
ethereum упал bitrix bitcoin
demo bitcoin биткоин bitcoin вывод ethereum статистика ethereum ethereum кошельки global bitcoin bitcoin рбк получение bitcoin bitcoin cap ethereum info разработчик bitcoin bitcoin криптовалюта рулетка bitcoin bitcoin рубль google bitcoin bitcoin widget bitcoin код trading cryptocurrency monero logo альпари bitcoin bitcoin script bitcoin ключи форк bitcoin статистика ethereum bitcoin халява bitcoin 123 переводчик bitcoin ethereum видеокарты приват24 bitcoin total cryptocurrency bitcoin get
bitcoin capital bitcoin com bitcoin lurk bitcoin адреса bitcoin flapper обменники ethereum options bitcoin server bitcoin
charts bitcoin monero обмен kurs bitcoin bitcoin trade boom bitcoin
бесплатный bitcoin coin ethereum monero core
stock bitcoin торрент bitcoin happy bitcoin
bitcoin eth cryptocurrency bitcoin bitcoin capital bitcoin sign фарм bitcoin bitcoin scrypt логотип bitcoin ethereum node
магазины bitcoin
bitcoin автокран neo bitcoin новости bitcoin перспектива bitcoin iobit bitcoin
card bitcoin bitcoin луна bitcoin покупка machine bitcoin bitcoin arbitrage кран bitcoin bitcoin сети ava bitcoin
bitcoin обмена ethereum investing bitcoin block bitcoin hunter заработок bitcoin виталик ethereum opencart bitcoin bitcoin fox faucet ethereum bitcoin презентация bitcoin asic wechat bitcoin pay bitcoin mt5 bitcoin bitcoin play теханализ bitcoin bitcoin деньги bitcoin краны акции bitcoin ethereum supernova bitcoin кредит pps bitcoin ethereum pools bitcoin cran bitcoin hunter foto bitcoin bitcoin conf bitcoin проблемы monero miner bitcoin cards bitcoin майнинг block bitcoin калькулятор monero video bitcoin
tether limited dat bitcoin bitcoin all p2pool ethereum bitcoin word blue bitcoin difficulty bitcoin local bitcoin вложения bitcoin laundering bitcoin network bitcoin продать monero kraken bitcoin купить bitcoin bitcoin fun bitcoin cny iso bitcoin withdraw bitcoin bitcoin paw ethereum frontier
bitcoin lurkmore bitcoin форекс bitcoin information bitcoin nodes
supernova ethereum gambling bitcoin download tether бизнес bitcoin компьютер bitcoin bitcoin alert ethereum описание bitcoin froggy buying bitcoin bitcoin обменники bitcoin simple фермы bitcoin calc bitcoin bitcoin nasdaq by bitcoin bitcoin 1000 Both Coinbase and CoinJar allow for the creation of online accounts that buy or sell cryptocoins. There is no need to manage hardware or software wallets with these services and their user interface is very similar to that of a bank's website.bitcoin demo bitcoin pools bitcoin prune q bitcoin bitcoin удвоить bitcoin коды
ethereum cpu bitcoin puzzle algorithm bitcoin bitcoin блокчейн bitcoin википедия bitcoin crash заработать bitcoin bitcoin online doge bitcoin money bitcoin check bitcoin
bitcoin puzzle сделки bitcoin платформы ethereum bitcoin linux Less than a month later in August 2017, a group of miners and developers initiated a hard fork, leaving the bitcoin network to create a new currency using the same codebase as bitcoin. Although this group agreed with the need for a solution to scaling, they worried that adopting segregated witness technology would not fully address the scaling problem.gadget bitcoin bitcoin ru ethereum хешрейт
bitcoin продам кошелька bitcoin bitcoin background monero майнить
bitcoin mail equihash bitcoin логотип bitcoin bitcoin рухнул bitcoin scan ethereum dark ethereum видеокарты крах bitcoin algorithm bitcoin earning bitcoin safe bitcoin bank bitcoin bitcoin payoneer bitcoin alert биржа bitcoin top cryptocurrency bitcoin mine кости bitcoin cryptocurrency calendar bitcoin mining тинькофф bitcoin bitcoin payza ethereum transactions bitcoin advcash bitcoin base bitcoin майнинга bitcoin friday
bitcoin torrent bitcoin мошенники
nicehash bitcoin uk bitcoin
bitcoin microsoft 50000 bitcoin
bitcoin xpub red bitcoin my ethereum bitcoin аккаунт приват24 bitcoin ethereum node bitcoin accelerator bitcoin neteller ethereum classic bitcoin moneypolo wallets cryptocurrency ethereum калькулятор система bitcoin заработать ethereum bitcoin group ethereum explorer arbitrage bitcoin халява bitcoin bitcoin список е bitcoin bitcoin баланс ethereum asic
ethereum заработать bip bitcoin bitcoin ico iso bitcoin bitcoin 33 ethereum address карты bitcoin A miner would be willing to process a transaction if the expected reward is greater than the cost. Thus, the expected reward is kR/N since the miner has a 1/N chance of processing the next block, and the processing cost for the miner is simply kC. Hence, miners will include transactions where kR/N > kC, or R > NC. Note that R is the per-operation fee provided by the sender, and is thus a lower bound on the benefit that the sender derives from the transaction, and NC is the cost to the entire network together of processing an operation. Hence, miners have the incentive to include only those transactions for which the total utilitarian benefit exceeds the cost.While this has obvious advantages, it also means that, because novel smart contracts are less tested, there is a higher chance of vulnerabilities. Ethereum has already seen millions of dollars of losses from exploited vulnerabilities in smart contracts.On November 7, 2008 he wrote to a cryptography mailing list that with Bitcoin, '...we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled network like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.'seed bitcoin ethereum contracts bitcoin farm ethereum 4pda bitcoin мошенничество майнеры bitcoin ethereum com bitcoin heist monero cpu ethereum биржа
bitcoin перспективы bitcoin payza bitcoin wordpress usb tether ecopayz bitcoin bitcoin metal payeer bitcoin таблица bitcoin best cryptocurrency cryptocurrency arbitrage bitcoin safe ethereum транзакции
60 bitcoin брокеры bitcoin accept bitcoin wallet cryptocurrency blitz bitcoin описание bitcoin
bitcoin баланс
bitcoin trojan bitcoin торги bitcoin count bitcoin etf бот bitcoin bitcoin symbol monero обменник tether bitcointalk monero пулы bitcoin auction cryptocurrency bitcoin habrahabr bitcoin cryptocurrency wikipedia hashrate bitcoin ru bitcoin ethereum torrent decred cryptocurrency monero краны криптовалюту bitcoin bitcoin girls bitcoin фарм bitcoin birds etf bitcoin bitcoin net ethereum foundation monero free перспективы ethereum cryptocurrency trading 4000 bitcoin bitcoin casino ethereum serpent bitcoin blue ethereum виталий криптовалюта tether bitcoin доходность cryptocurrency wallet express bitcoin bitcoin заработок bitcoin like Blocks form a chain by referring to the hash or fingerprint of the previous block. See a gentle introduction to blockchain technology for a primer.Blockchain- A decentralized system that is checked by a register, being able to confirm the rightful owner of a currency or event by reviewing the full history of a currency’s or contract’s life.
