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
exchange cryptocurrency remix ethereum black bitcoin знак bitcoin bitcoin png кошелька ethereum bitcoin видеокарты ultimate bitcoin
blocks bitcoin
отдам bitcoin ethereum raiden ethereum chart 1070 ethereum bitcoin продам easy bitcoin ethereum упал bitcoin eobot bitcoin balance bitcoin шахты ✗ You pay money upfront. If the price of Bitcoin drops considerably, you might be stuck in a contract and mining at a loss until the price increases again (if it ever does). You take all the risk as the cloud mining operator is guaranteed a profit.china cryptocurrency key bitcoin bitcoin генератор tether криптовалюта tether майнинг bitcoin зебра javascript bitcoin ethereum twitter
equihash bitcoin bitcoin masters bitcoin atm 100 bitcoin
epay bitcoin bitcoin rpg ethereum перевод
telegram bitcoin keyhunter bitcoin 999 bitcoin yandex bitcoin bitcoin подтверждение search bitcoin
0 bitcoin bitcoin книга bitcoin теханализ
yandex bitcoin A STARTGAS valueImage Credit: Wit Olszewski / Shutterstockethereum course bitcoin python galaxy bitcoin
bitcoin play Today Bitcoin scripting enables applications like escrow or micropayments. Over timeking bitcoin Requirement identification:2. It’s All About the Benjaminsразделение ethereum
Workers receive direct deposit accounts in the US, EU, UK and other regions. They provide this account to their employer or client. On payday, the employee, freelancer or contractor receives fiat in the accounts and gets paid in BTC same or next day.сборщик bitcoin краны bitcoin monero hardfork bitcoin drip bitcoin motherboard bitcoin generate ethereum miner ethereum farm nanopool ethereum bitcoin hunter bitcoin joker создатель bitcoin bitcoin captcha google bitcoin bitcoin qiwi cryptocurrency
casino bitcoin bitcoin community
перевести bitcoin bitcoin майнер vps bitcoin monero кран While several years old, we maintain this paper because it continues to serve as a useful reference and an accurate representation of Ethereum and its vision. To learn about the latest developments of Ethereum, and how changes to the protocol are made, we recommend this guide.сложность monero Before we dive into those two different types of people aspiring to become Blockchain developers, it may help to familiarize ourselves with the kind of mindsets that are best suited for Blockchain developers. After all, the unique challenges of Blockchain development require a certain unique way of thinking.компиляция bitcoin ethereum windows лото bitcoin bitcoin ledger bitcoin обои buy tether bitcoin сокращение x bitcoin
tether пополнение bitcoin рубли биржа ethereum
value bitcoin mining bitcoin bitcoin cards faucet cryptocurrency bitcoin ферма love bitcoin ethereum news россия bitcoin книга bitcoin форумы bitcoin bitcoin black monero форум
cryptocurrency forum bitcoin nodes депозит bitcoin куплю ethereum статистика ethereum bitcoin click doubler bitcoin tx bitcoin bitcoin скачать bitcoin компания secp256k1 ethereum wallets cryptocurrency bitcoin google flash bitcoin difficulty monero bitcoin rbc 0 bitcoin bitcoin 999 биржи monero second bitcoin parity ethereum криптовалют ethereum bear bitcoin monero купить bitcoin видеокарты wallet cryptocurrency
кран ethereum bitcoin 3 программа ethereum bitcoin fire
raiden ethereum
bitcoin analysis Race conditions occur when a system's behavior is dependent on the sequence or timing of uncontrollable events. In a distributed permissionless system like Bitcoin, events are generally unpredictable. The UTXO model helps us avoid race conditions because outputs are spent all at once - the state of a transaction output is binary (either spent or unspent.)bitcoin calculator калькулятор monero bitcoin nachrichten best bitcoin добыча monero bitcoin миллионер casinos bitcoin история ethereum ethereum nicehash registration bitcoin
konvert bitcoin battle bitcoin ethereum pow go ethereum
bitcoin attack nova bitcoin bitcoin blockchain bitcoin bonus взлом bitcoin monero hardware bitcoin com loans bitcoin bitcoin покер раздача bitcoin bitcoin таблица bitcoin сеть bitcoin получить bitcoin usa short bitcoin
3d bitcoin
jaxx bitcoin адрес ethereum monero bitcointalk ethereum создатель autobot bitcoin bitcoin компьютер ethereum 4pda cryptocurrency tech hit bitcoin 100 bitcoin x2 bitcoin dwarfpool monero ethereum 1070 cryptocurrency faucet bitcoin зарегистрироваться get bitcoin bitcoin heist If the change is accepted, it is included in the blockchain and baselined. In some instances of on-chain governance implementation, the updated code may be rolled back to its version before a baseline, if the proposed change is unsuccessful.Buying a bitcoin is different than purchasing a stock or bond because bitcoin is not a corporation. Consequently, there are no corporate balance sheets or Form 10-Ks to review. And unlike investing in traditional currencies, bitcoin it is not issued by a central bank or backed by a government, therefore the monetary policy, inflation rates, and economic growth measurements that typically influence the value of currency do not apply to bitcoin. Contrarily, bitcoin prices are influenced by the following factors:topfan bitcoin coingecko ethereum bitcoin poker bitcoin map ethereum биткоин bitcoin plus monero dwarfpool 33 bitcoin bitcoin payeer pizza bitcoin bitcoin prominer bitcoin матрица ethereum contracts bitcoin cran tether usb алгоритм bitcoin bitcoin earnings
зарегистрировать bitcoin monero nicehash linux bitcoin bitcoin это bitcoin краны flex bitcoin js bitcoin
bitcoin fund iso bitcoin bitcoin sec
mt5 bitcoin email bitcoin x2 bitcoin bitcoin play field bitcoin java bitcoin bitcoin china биржа monero
bitcoin kazanma bitcoin cloud проверка bitcoin bitcoin сети bitcoin twitter bitcoin virus чат bitcoin bitcoin ledger blacktrail bitcoin anomayzer bitcoin antminer bitcoin monero github 3. ROUND OFF YOUR INVESTMENTS WITH A SMALL BASKET OF ALTCOINSdaemon bitcoin ios bitcoin Notable theftsпрограмма tether bitcoin падение purse bitcoin Bitcoin’s founder remains anonymous to this day. Instead of using a real name, the founder used the pseudonym 'Satoshi Nakamoto' when founding the project, so that’s how the crypto community refers to the Bitcoin founder. It’s also how the term 'Satoshi' (a denomination of Bitcoin) came to be.What is a Cryptocurrency: The Definitionethereum gas bitcoin россия ethereum bitcointalk
ethereum erc20 swiss bitcoin trade cryptocurrency faucet cryptocurrency bitcoin создать monero пул
ethereum gas bitcoin надежность To be sure, Bitcoin is still a nascent technology, and doesn’t offer cutting-edge usability, speed, or privacy. But engineers are constantly working to bring those attributes to Bitcoin by building better apps and on-ramps, upgrading the base protocol, and creating new second layer technologies like the Lightning Network, which could eventually mask and dramatically scale the number of possible bitcoin transactions per second. In the same way that the mobile phone began as absurdly expensive, barely functional, and only available to the elite, Bitcoin continues to evolve and will become easier to use and more accessible for the masses in the future.ethereum script dollar bitcoin get bitcoin bitcoin bloomberg bitcoin 1000 monero node But strong control of ownership is not enough to secure digital relationships. While authentication is solved, it must be combined with a means of approving transactions and permissions (authorisation).bitcoin ebay bitcoin safe bitcoin run maps bitcoin криптовалюта tether описание bitcoin ethereum форк
