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 auto cryptocurrency calculator bitcoin мерчант okpay bitcoin bitcoin drip майн bitcoin
пулы bitcoin
bitcoin гарант bitcoin продам
bitcoin автосерфинг эфир bitcoin исходники bitcoin bitcoin сайты bitcoin коды cz bitcoin bitcoin protocol monero алгоритм cryptocurrency charts сбербанк ethereum bitcoin лотерея create bitcoin The total number of bitcoins in existence (M) is a little under 19 million, and it will max out at under 21 million over the next several years based on its algorithm. That’s the easy part.nova bitcoin Unpleasant Work:торговать bitcoin ico monero loans bitcoin decred cryptocurrency trade cryptocurrency master bitcoin перспективы ethereum продам bitcoin ethereum node doubler bitcoin bitcoin акции trade cryptocurrency cryptocurrency market bitcoin mempool pizza bitcoin Stallman’s primary critique of commercial software was the preoccupation with unproductive competition and monetization:bitcoin протокол bitcoin conference настройка monero trade cryptocurrency monero майнеры форк ethereum grayscale bitcoin ethereum капитализация
The 'Delicate balance of terror' when miners rulebitcoin create Ensure that voting in elections is incorruptible.bonus bitcoin bitcoin usb майнинг monero blog bitcoin seed bitcoin metropolis ethereum bitcoin conf bitcoin торрент monero hardware пузырь bitcoin ethereum chaindata nicehash monero ethereum client терминалы bitcoin chaindata ethereum проблемы bitcoin bitcoin rpg
top tether арбитраж bitcoin шрифт bitcoin cryptocurrency charts bitcoin marketplace bitcoin код stock bitcoin pull bitcoin стоимость bitcoin обмена bitcoin бесплатные bitcoin ethereum poloniex There are 180 internationally recognized currencies in circulation, ranging from the Samoan tala to the Burmese kyat. Just like with regular currency, there are multiple cryptocurrencies too. Because it was the first, bitcoin gets all the publicity, but it competes against dozens of aspiring alternatives – one of which is litecoin. mine ethereum трейдинг bitcoin china bitcoin курсы ethereum check bitcoin tether usdt bitcoin explorer bitcoin рейтинг bitcoin видеокарты matrix bitcoin алгоритм ethereum криптовалюта tether bitcoin book monero стоимость ethereum russia
андроид bitcoin bitcoin мавроди dwarfpool monero bitcoin kurs ethereum myetherwallet адрес ethereum prune bitcoin
alliance bitcoin java bitcoin bitcoin abc
bitcoin etherium bitcoin cc
bitcoin mt5 frog bitcoin bitcoin casino top bitcoin bitcoin окупаемость xbt bitcoin лотерея bitcoin pixel bitcoin bitcoin расчет gambling bitcoin monero пул ethereum клиент bitcoin instant ethereum сложность pro bitcoin tracker bitcoin bitcoin genesis ethereum доллар currency bitcoin monero 1060 qr bitcoin клиент bitcoin bitcoin billionaire bitcoin algorithm bitcoin compare bitcoin future bitcoin 30 bitcoin forums прогнозы bitcoin
bitcoin keys clame bitcoin wikileaks bitcoin bitcoin registration ethereum news
*****p ethereum bitcoin today cryptocurrency market эпоха ethereum bitcoin neteller ethereum crane bitcoin kraken bitcoin украина обменник ethereum суть bitcoin ethereum blockchain
windows bitcoin kurs bitcoin bitcoin double protocol bitcoin bitcoin money se*****256k1 bitcoin
статистика ethereum bitcoin отзывы bitcoin msigna bitcoin iq bitcoin фермы abi ethereum bitcoin эмиссия bitcoin weekly monero обменник
bitcoin виджет bitcoin картинки bitcoin xl покупка ethereum ethereum курсы cryptocurrency tech bitcoin icon exchanges bitcoin bitcoin symbol
bitcoin 3 bitcoin advcash миксер bitcoin bitcoin удвоить bitcoin moneybox bitcoin auto cubits bitcoin играть bitcoin bitcoin удвоить bitcoin основатель bitcoin рухнул bitcoin компания my ethereum is bitcoin bitcoin status бесплатно bitcoin скрипт bitcoin bitcoin майнеры bitcoin компания конвертер ethereum bitcoin программирование Since 2014, the IRS has considered bitcoin and other cryptocurrencies in retirement accounts as property, meaning coins are taxed in the same fashion as stocks and bonds.2 IRA holders looking to include digital tokens in their retirement accounts must enlist the help of a custodian.курс ethereum sha256 bitcoin bitcoin me bazar bitcoin сайте bitcoin bitcoin purse ethereum покупка capitalization cryptocurrency фильм bitcoin bitcoin office ethereum кошелька bitcoin книга cryptocurrency mining nanopool monero система bitcoin
bitcoin mining bitcoin компания store bitcoin monero spelunker nicehash bitcoin фонд ethereum обмен bitcoin neo bitcoin
monero *****uminer
вики bitcoin видеокарта bitcoin platinum bitcoin отзывы ethereum mooning bitcoin cryptocurrency bitcoin deep bitcoin bitcoin video
ethereum перевод ethereum покупка bitcoin payoneer форекс bitcoin bitcoin ethereum bitcoin stock ethereum ubuntu airbitclub bitcoin bitcoin half captcha bitcoin wikipedia cryptocurrency vk bitcoin bitcoin keywords erc20 ethereum dag ethereum iobit bitcoin компания bitcoin finney ethereum maps bitcoin bitcoin motherboard bitcoin video galaxy bitcoin monero amd bitcoin virus monero хардфорк кости bitcoin The blockchain network has no central authority — it is the very definition of a democratized system. Since it is a shared and immutable ledger, the information in it is open for anyone and everyone to see. Hence, anything that is built on the blockchain is by its very nature transparent and everyone involved is accountable for their actions.So, that was it. That’s the end of this how-to mine Bitcoin guide. I hope you learned a lot!Ethereum Mining FAQsbitcoin trading bitcoin играть bitcoin phoenix ethereum miner bitcoin greenaddress bitcoin euro bitcoin рубль ethereum blockchain blogspot bitcoin casascius bitcoin chvrches tether bitcoin litecoin loco bitcoin bitcoin farm clicker bitcoin bitcoin apk
bitcoin курс polkadot блог bitcoin qiwi bitcoin vpn
wikipedia ethereum раздача bitcoin dark bitcoin вход bitcoin wallet cryptocurrency fake bitcoin bitcoin fan short bitcoin wallet cryptocurrency delphi bitcoin bitcoin client bitcoin x2 bitcoin etf расчет bitcoin суть bitcoin bitcoin hyip coinmarketcap bitcoin bitcoin поиск ethereum siacoin bitcoin multiply bitcoin easy cryptocurrency forum ethereum api bitcoin trojan nonce bitcoin bitcoin hacker bitcoin ann продам bitcoin
monero cryptonote config bitcoin easy bitcoin
monero xeon de bitcoin How do users interact with Ethereum? bitcoin обменник bitcoin бизнес bitcoin sec market bitcoin best bitcoin bitcoin converter wikileaks bitcoin joker bitcoin ethereum кошелька bitcoin установка
bitcoin work clockworkmod tether приложения bitcoin bitcoin рухнул вход bitcoin bitcoin best bitcoin талк
bitcoin gift bitcoin freebitcoin bitcoin gif майн ethereum price bitcoin bitcoin установка bitcoin wordpress short bitcoin что bitcoin bitcoin обвал ethereum coins green bitcoin проверка bitcoin captcha bitcoin One blockchain voting platform is MiVote, a token-based platform like a digital ballot box. Voters vote through a smartphone and their votes are registered into a blockchain ledger. Safe, secure, reliable.wallet cryptocurrency ethereum токены
2. Crypto Mining Is Expensiveотзыв bitcoin bitcoin перспектива icons bitcoin форумы bitcoin ssl bitcoin bitcoin onecoin bitcoin лайткоин agario bitcoin all bitcoin
best bitcoin новый bitcoin abc bitcoin fun bitcoin plus bitcoin monero пул bitcoin проверка алгоритм ethereum кошель bitcoin ethereum биржа bitcoin рубль forum cryptocurrency decred ethereum ethereum linux How to Check How Much You’ve Minedколичество bitcoin bitcoin рынок
bitcoin shop se*****256k1 bitcoin bitcoin лучшие youtube bitcoin bitcoin boom bitcoin форк local ethereum free monero space bitcoin рубли bitcoin it bitcoin
map bitcoin Compiled smart contract bytecode executes as a number of EVM opcodes, which perform standard stack operations like XOR, AND, ADD, SUB, etc. The EVM also implements a number of blockchain-specific stack operations, such as ADDRESS, BALANCE, SHA3, BLOCKHASH, etc.bitcoin fees bonus bitcoin by bitcoin bitcoin отследить bitcoin видеокарты
trade cryptocurrency bitcoin виджет monero algorithm иконка bitcoin moto bitcoin rocket bitcoin bitcoin com майнинг ethereum bitcoin algorithm bitcoin даром bitcoin virus ethereum org криптовалют ethereum equihash bitcoin
bitcoin scan поиск bitcoin кран ethereum bitcoin 50
bitcoin xl лохотрон bitcoin daemon monero
For storage, the easiest first step is to make an account with Bitcoin bankbitcoin коллектор There’s no limit to how many dollars, euros, or yen we can print, however. Banks multiply them all the time with a stroke of a keyboard. Likewise, industrial metals like iron are very common as well; we have no shortage of them. Gold, however, is very rare, and when found, it takes a ton of energy and time to get into pure form. And then we have to spend more energy transporting, securing, and verifying it from time to time.создатель bitcoin bitcoin currency bitcoin регистрация биржи monero алгоритм ethereum flash bitcoin
bitcoin server bitcoin delphi microsoft bitcoin лото bitcoin сайты bitcoin
accepts bitcoin claymore monero bitcoin conference
half bitcoin
surf bitcoin
bitcoin видеокарта bitcoin сервисы bitcoin center bitcoin vector dark bitcoin
биржа monero bitcoin ann tether usd
bitcoin sha256 earn bitcoin ethereum news bitcoin cudaminer работа bitcoin цена ethereum
bitcoin это explorer ethereum bitcoin aliexpress bitcoin клиент
bitcoin server bitcoin spend app bitcoin bitcoin обналичить bitcoin адреса использование bitcoin average bitcoin ninjatrader bitcoin ledger bitcoin bitcoin save технология bitcoin kinolix bitcoin cryptocurrency forum обменник tether lootool bitcoin bitcoin it bitcoin fire
bitcoin safe bitcoin котировки
monero minergate исходники bitcoin reverse tether ethereum info bitcoin chart ethereum прибыльность bitcoin easy difficulty monero bitcoin sec ethereum russia символ bitcoin rotator bitcoin moneybox bitcoin instant bitcoin ютуб bitcoin ютуб bitcoin ethereum crane bitcoin balance 2016 bitcoin fast bitcoin bitcoin андроид отдам bitcoin bitcoin анимация cryptocurrency magazine bitcoin code joker bitcoin 10000 bitcoin bitcoin 100 status bitcoin bitcoin calc bitcoin 999 monero miner bitcoin freebitcoin bitcoin описание ethereum claymore cryptocurrency calculator
конференция bitcoin bitcoin maps wmx bitcoin
monero miner search bitcoin play bitcoin usb tether usb tether tether пополнение 999 bitcoin bitcoin брокеры new bitcoin bitcoin ann магазин bitcoin litecoin bitcoin
bitcoin shops autobot bitcoin bitcoin gadget андроид bitcoin monero hashrate bitcoin вики cryptocurrency tether chvrches monero bitcoin click bitcoin шахты bitcoin prices криптовалют ethereum hack bitcoin ethereum покупка reklama bitcoin monero bitcointalk bitcoin математика ethereum blockchain transactions bitcoin talk bitcoin bitcoin автосерфинг fasterclick bitcoin transactions bitcoin ethereum пулы дешевеет bitcoin mt5 bitcoin best cryptocurrency ethereum проекты валюта ethereum cryptocurrency trading tether usd bitcoin widget bitcoin rpc tether bootstrap Faced with this externality, Bitcoin opts for what might appear an unpalatable choice: initially capping the block size at 1 mb, now capping it at 4 mb (in extreme, unrealistic cases — more realistically, about 2mb). The orthodox stance in Bitcoin is that bounded block space is a requirement, not only to weed out uneconomical usage of the chain, but to keep verification cheap in perpetuity.bitcoin transaction bitcoin heist ethereum com доходность ethereum
monero cryptonote bitcoin россия ethereum forks bitcoin markets ethereum сбербанк ethereum майнеры
local ethereum bitcoin formula bitcoin community
bitcoin js
bazar bitcoin перспективы bitcoin
topfan bitcoin системе bitcoin
Initially, the ASIC-resistant feature of the network owed itself to a modified version of CryptoNight (a PoW algorithm) that was frequently adjusted to prevent ASIC mining。However, since December 2019, RandomX has replaced CryptoNight. Through the use of random code execution and memory-intensive techniques, ASIC miners are discouraged to participate in the mining process. In addition, GPUs have also been penalized since the network upgrade.Hence, Monero has seen most of its mining operations conducted by *****Us, either by individual users or through mining pools.bitcoin paw nicehash bitcoin я bitcoin bitcoin play The wise yet short answer to this is: a Blockchain developer develops Blockchains! Well, that was easy!bootstrap tether капитализация bitcoin hack bitcoin iota cryptocurrency купить bitcoin
ethereum bonus sec bitcoin carding bitcoin currency bitcoin программа bitcoin bitcoin withdraw протокол bitcoin get bitcoin bitcoin халява bitcoin wikipedia bitcoin bloomberg bitcoin пожертвование разделение ethereum tether usdt talk bitcoin
bitcoin flapper *****a bitcoin 2018 bitcoin bitcoin список инструмент bitcoin эмиссия bitcoin
demo bitcoin client ethereum stake bitcoin market bitcoin bitcoin банкнота hit bitcoin genesis bitcoin gift bitcoin lootool bitcoin виталик ethereum ethereum кошелек addnode bitcoin bitcoin pools bitcoin wikileaks ethereum studio bitcoin расшифровка vpn bitcoin иконка bitcoin майнеры monero ethereum online se*****256k1 ethereum bitcoin отзывы bitcoin foto отзыв bitcoin bitfenix bitcoin protocol bitcoin ethereum info обновление ethereum bitcoin баланс monero ico bitcoin код monero proxy putin bitcoin bitcoin loan zcash bitcoin bitcoin s bitcoin vip pirates bitcoin bitcoin yandex bitcoin neteller обвал ethereum bitcoin mmm bitcoin минфин инструкция bitcoin blogspot bitcoin краны ethereum bitcoin linux bitcoin тинькофф vps bitcoin ethereum foundation php bitcoin bitcoin биржа bitcoin keywords supernova ethereum bitcoin биржи monero hardfork token ethereum сайт ethereum bitcoin компьютер bitcoin golden
bitcoin xpub bitcoin фарминг bitcoin страна bitcoin captcha
bitcoin завести нода ethereum bitcoin ethereum weather bitcoin bitcoin mmm bitcoin pps bitcoin автоматически difficulty bitcoin pirates bitcoin
ethereum биржа bitcoin ann bitcoin автосерфинг source bitcoin акции ethereum bitcoin обои china cryptocurrency ethereum кошельки bitcoin ocean bitcoin miner bitcoin миллионер lurkmore bitcoin bitcoin автоматически bitcoin freebitcoin сайте bitcoin Ключевое слово bitcoin автомат dogecoin bitcoin ethereum биткоин ethereum рост cryptocurrency faucet депозит bitcoin
freeman bitcoin продать monero NEOвиджет bitcoin prune bitcoin bitcoin waves sgminer monero bitcoin monkey de bitcoin миксер bitcoin bitcoin счет генераторы bitcoin blog bitcoin tether usdt
Bitcoin is able to hold the 1MB worth of data in each block, while others, such as Bitcoin Cash, have a block size limit of 8MB.joker bitcoin StakingMiners will be doing their process when there is a created block of transactions. They will simply get the block necessary information and do mathematical solution using formulas and as a result it turns out into something.qtminer ethereum cryptocurrency ico monero minergate
The Bitcoin protocol utilizes the Merkle tree data structure in order to organize hashes of numerous individual transactions into each block. This concept is named after Ralph Merkle, who patented it in 1979.With the use of a Merkle tree, though each block might contain thousands of transactions, it will have the ability to combine all of their hashes and condense them into one, allowing efficient and secure verification of this group of transactions. This single hash called is a Merkle root, which is stored in the Block Header of a block. The Block Header also stores other meta information of a block, such as a hash of the previous Block Header, which enables blocks to be associated in a chain-like structure (hence the name 'blockchain').An illustration of block production in the Bitcoin Protocol is demonstrated below.
