requiring asymptotically more memory than an algorithm which is not memory-hard. 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. The Cryptocurrency For Payments, based on Blockchain Technology, download. "Litecoin founder Charlie Lee has sold all of his LTC". In December 2013, the company acquired ZeroBlock LLC. In technical details, litecoin is nearly identical. 6, see also edit References edit External links edit. GPG Signatures, other versions, download, release Notes, upgrade Notes. It was a fork of the.
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You can contact Litecoin project development team at email protected, copyright Litecoin Project. "Nooshare: A decentralized ledger of shared computational resources" (PDF). 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. Contents, history edit fo was launched in August 2011. Contents, history edit, litecoin was released via an open-source client on, gitHub on October 7, 2011 by, charlie Lee,. Lightspeed Venture Partners and, mosaic Ventures, which was the biggest round of financing in the digital currency sector at that time. The Litecoin Network aims to process a block every.5 minutes, rather than Bitcoin's 10 minutes. 9 See also edit References edit "Litecoin.16.3". 7 In May 2017, Litecoin became the first of the top 5 (by market cap) cryptocurrencies to adopt Segregated Witness. Retrieved b "Ex-Googler Gives the World a Better Bitcoin". During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100 leap within 24 hours.
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