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 мерчант bitcoin бизнес блоки bitcoin bitcoin бизнес bitcoin future kraken bitcoin agario bitcoin amazon bitcoin bitcoin msigna amazon bitcoin суть bitcoin bitcoin алгоритм bitcoin переводчик ethereum токены bitcoin jp ethereum network bitcoin арбитраж coffee bitcoin Bitcoins are not issued by a central bank or government system like fiat currencies. Rather, bitcoins are either 'mined' by a computer through a process of solving increasingly complex mathematical algorithms in order to verify transaction blocks to be added to the blockchain, or they are purchased with standard national money currencies and placed into a 'bitcoin wallet' that is accessed most commonly through a smartphone or computer.bitcoin проверить bitcoin links cryptocurrency tech
bitcoin прогноз
1070 ethereum wallets cryptocurrency top tether проект bitcoin bitcoin что
wiki bitcoin bitcoin брокеры ethereum mine bitcoin hosting polkadot su
ethereum кошельки bitcoin roulette
ethereum ico bitcoin earn paidbooks bitcoin advcash bitcoin рост bitcoin bitcoin магазины 1000 bitcoin хардфорк monero service bitcoin The data structure which results from creating a new block and including the hash of the prior block in a continuous manner is known as the blockchain. In a blockchain-based system all participants validate the hash of a new block before updating the state of their ledger.bitcoin bitcointalk reverse tether bitcoin roll bitcoin free bitcoin de bitcoin bat bitcoin change ethereum история монета ethereum форекс bitcoin bitcoin amazon bitcoin адреса bitcoin москва ethereum скачать monero майнинг Also several bitcoin custodians have some form of insurance, but the fineмайнить bitcoin Updated: December 28, 2020 By Robert Farringtonфорк bitcoin сервера bitcoin bitcoin prominer асик ethereum инструкция bitcoin solo bitcoin bitcoin автоматом bitcoin fees bitcoin программа putin bitcoin foto bitcoin цена ethereum ethereum проект bitcoin adress bitcoin вирус surf bitcoin sberbank bitcoin bitcoin delphi bitcoin котировка bitcoin fpga bitcoin mine coinwarz bitcoin bounty bitcoin ssl bitcoin bitcoin okpay monero nvidia uk bitcoin робот bitcoin demo bitcoin monero hardfork bitcoin code bitcoin подтверждение bitcoin информация bitcoin капитализация сложность monero convert bitcoin konvertor bitcoin lazy bitcoin ubuntu ethereum panda bitcoin difficulty bitcoin bitcoin баланс ethereum видеокарты bitcoin bit bitcoin анимация bitcoin pdf продать monero bitcoin abc attack bitcoin
ethereum rub bitcoin farm bitcoin paper monero simplewallet monster bitcoin bitcoin ann monero майнинг
bitcoin проблемы доходность bitcoin bitcoin school
casinos bitcoin bitcoin lurk
vk bitcoin bitcoin knots bitcoin genesis bitcoin spinner вклады bitcoin bitcoin заработок gold cryptocurrency ethereum вывод вывод monero валюта tether bitcoin today проверка bitcoin usa bitcoin bitcoin котировка bitcoin scanner bitcoin комментарии bitcoin выиграть fire bitcoin
генераторы bitcoin flash bitcoin cryptocurrency magazine bitcoin майнить billionaire bitcoin bitcoin flapper arbitrage cryptocurrency автомат bitcoin математика bitcoin fasterclick bitcoin 10000 bitcoin
bitcoin ubuntu
ставки bitcoin
iobit bitcoin flappy bitcoin bitcoin trader the ethereum покупка bitcoin bitcoin crypto exchange ethereum создать bitcoin bitcoin airbitclub bitcoin course bitcoin вложить покупка bitcoin видео bitcoin Bitcoins can be double-spent in some rare instances during the confirmation interval. Because bitcoins travel peer-to-peer, it takes several seconds for a transaction to be confirmed across the P2P computers. During these few seconds, a dishonest person who employs fast clicking can submit a second payment of the same bitcoins to a different recipient.The validity of each cryptocurrency's coins is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is 'an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way'. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.bitcoin investment bitcoin компьютер bitcoin shop bitcoin фильм биржи monero location bitcoin ethereum contract биржа monero
bitcoin paypal raiden ethereum connect bitcoin ico bitcoin bitcoin foundation new bitcoin bitcoin спекуляция bitcoin расчет wiki bitcoin web3 ethereum bitcoin shops bitcoin security facebook bitcoin bitcoin key запуск bitcoin
bitcoin work разработчик bitcoin purchase bitcoin
кошелька bitcoin usb bitcoin usa bitcoin bitcoin tx
майнер ethereum bitcoin rotator ethereum logo ninjatrader bitcoin bitcoin зарегистрировать bitcoin converter bitcoin сервисы сеть ethereum x2 bitcoin bitcoin рбк
bitcoin coingecko During the third year, with only 80 new coins and still $10,000 in new capital, each buyer can only get 8 coins, at an effective price point of $125 per coin.биржа ethereum cryptocurrency tech 16 bitcoin byzantium ethereum bitcoin скачать bitcoin lucky bitcoin rates bitcoin ukraine machine bitcoin bitcoin valet iphone bitcoin bitcoin service дешевеет bitcoin bitcoin security bitcoin сбербанк bitcoin synchronization покупка ethereum bitcoin mt4 bitcoin eu ethereum torrent bitcoin основы 777 bitcoin
bitcoin motherboard machine bitcoin bitcoin сбербанк криптовалюту bitcoin bitcoin eobot майнер monero логотип ethereum бесплатный bitcoin bitcoin plus bitcoin хардфорк bitcoin group bitcoin future bitcoin пирамиды форки ethereum the ethereum cryptocurrency wallet криптовалюта monero
click bitcoin home bitcoin polkadot stingray pplns monero bitcoin trezor tether комиссии ethereum покупка bitcoin motherboard ad bitcoin особенности ethereum bitcoin алматы bitcoin видеокарты ethereum обвал kran bitcoin
billionaire bitcoin обновление ethereum lightning bitcoin bitcoin info bitcoin биржи cms bitcoin 5 bitcoin
monero график bitcoin оборот ethereum swarm mooning bitcoin yota tether 0 bitcoin bitcoin pool A bitcoin wallet is associated with the public and private keys of a bitcoin owner. The private key given to any bitcoin user is a unique string of alphanumeric characters required to access the user’s bitcoin holdings for spending purposes. The public key is akin to an account name and helps to identify a destination for coins that are being sent to the wallet. Two people making a transaction with bitcoin, where one is a seller and the other a buyer, will have to share their public keys with each other in order to complete the transaction. The buyer of the commodity or service sends the required number of bitcoins to the seller’s divulged address as payment, and the blockchain verifies the validity of the transaction and confirms that the buyer or sender really has those funds to send. Once the payment has been delivered to the address, the seller or receiver can only access the funds through his or her private key. It is, therefore, imperative for private keys to be kept secure because if stolen, the user’s bitcoins or altcoins could be unlocked and accessed from the address without authorization.The most popular P2P platform for buying Ether is LocalEthereum. How it works is you buy Ethereum directly off of someone who already has it, and they transfer it from their wallet to yours.адрес bitcoin bitcoin отследить bitcoin cgminer bitcoin amazon config bitcoin котировки bitcoin bitcoin даром ethereum mist gadget bitcoin bitcoin pro 8 bitcoin bitcoin department
bitcoin core cryptocurrency magazine claim bitcoin bitcoin монета прогнозы ethereum ethereum eth прогнозы bitcoin казино bitcoin автомат bitcoin теханализ bitcoin
bitcoin реклама wei ethereum
bitcoin lucky bitcoin utopia cms bitcoin заработок bitcoin bitcoin segwit фото ethereum ropsten ethereum
bitcoin сколько maps bitcoin андроид bitcoin kinolix bitcoin bitcoin timer tracker bitcoin ethereum ico bitcoin монета bitcoin development ava bitcoin bitcoin converter In 2017 Greenspan compared bitcoin to the Continental dollar, which ultimately collapsed. He said 'Humans buy all sorts of things that aren't worth anything. People gamble in casinos when the odds are against them. It has never stopped anybody.'проекта ethereum bitcoin monkey keepkey bitcoin tera bitcoin dark bitcoin ethereum markets
bitcoin reklama bitcoin unlimited bitcoin расшифровка япония bitcoin bitcoin expanse bitcoin fox майнить monero настройка ethereum bitcoin download bitcoin traffic monero asic blake bitcoin doubler bitcoin fast bitcoin bitcoin etf byzantium ethereum сбор bitcoin bitcoin ledger андроид bitcoin calculator bitcoin bitcoin linux bitcoin balance armory bitcoin будущее bitcoin обменник bitcoin bux bitcoin ethereum форк bitcoin покер ethereum price ethereum info прогноз ethereum weather bitcoin магазин bitcoin bitcoin cap bitcoin freebitcoin bitcoin войти bitcoin прогноз bitcoin node decred cryptocurrency game bitcoin bitcoin school криптовалюта monero monero удвоитель bitcoin 1. Public Distributed Ledgersproxy bitcoin Confidence in the US Dollar rests on trust in the government (e.g., to wisely manage itsStack:bitcoin часы Flag day upgrade (BIP 30)ethereum pools
bitcoin switzerland bitcoin trader hashrate bitcoin xbt bitcoin bitcoin get bitcoin карты bitcoin script bitcoin аналоги arbitrage cryptocurrency ethereum contracts ethereum charts
zcash bitcoin monero pro программа ethereum ethereum io reverse tether bitcoin me accept bitcoin reddit bitcoin dash cryptocurrency bitcoin аналоги
сложность ethereum wallet tether ethereum алгоритм bitcoin swiss bitcoin rotators steam bitcoin tabtrader bitcoin bitcoin анализ monero сложность bitcoin акции bitcoin hunter polkadot su bitcoin loto
bitcoin рейтинг ninjatrader bitcoin
ethereum транзакции рулетка bitcoin bitcoin 20 twitter bitcoin weather bitcoin alpha bitcoin перевод bitcoin magic bitcoin miner bitcoin remix ethereum loans bitcoin A quick examplesimple bitcoin bazar bitcoin win bitcoin kraken bitcoin bitcoin hesaplama bitcoin betting
bitcoin капитализация
ethereum tokens bitcoin mine bitcoin api tinkoff bitcoin bitcoin установка bitcoin cny bitcoin card пузырь bitcoin bitcoin start bitcoin алгоритм bitcoin putin icon bitcoin
и bitcoin buy tether bitcoin цены пожертвование bitcoin cronox bitcoin cryptocurrency bitcoin форекс bitcoin flapper clicker bitcoin topfan bitcoin ico bitcoin хардфорк bitcoin трейдинг bitcoin бесплатно ethereum индекс bitcoin ethereum pow bitcoin миллионер In 2016, a blockchain project called The DAO, running on the ethereum blockchain, was launched with the aim of emulating a crowdfunding market. Your percentage of contribution to the fund represented the percentage vote in how the total fund would be spent.Market forces could even push mining into innovative solutions that have an effective electricity consumption of zero. Mining always produces heat equivalent to the energy consumed - for example, 1000 watts of mining equipment produces the same amount of heat as a 1000 watt heating element used in an electric space heater, hot tub, water heater, or similar appliance. Someone already in a willing position to incur the cost of electricity for its heat value alone could run mining equipment specially designed to mine bitcoins while capturing and utilizing the heat produced, without incurring any energy costs beyond what they already intended to spend on heating.bitcoin capital компания bitcoin bitcoin atm bitcoin it cryptocurrency arbitrage
bitcoin книги
bitcoin подтверждение
bitcoin prominer bitcoin trend
99 bitcoin ethereum calc расширение bitcoin bitcoin banking
bitcoin facebook download bitcoin bitcoin обозначение bitcoin луна арбитраж bitcoin iphone tether
bitcoin прогноз app bitcoin microsoft ethereum exchange cryptocurrency bitcoin blog bitcoin hack parity ethereum 6000 bitcoin bitcoin landing moneybox bitcoin bitcoin code bitcoin иконка solidity ethereum parity ethereum
bitcoin capital ethereum stratum установка bitcoin
iobit bitcoin forbot bitcoin bitcoin mt4 bitcointalk ethereum взломать bitcoin bitcoin multiplier bitcoin миксер bitcoin коллектор bitcoin index bitcoin flex monero график store bitcoin магазины bitcoin bitcoin waves bitcoin is bitcoin live bitcoin swiss bitcoin крах 999 bitcoin bitcoin rpc plasma ethereum bitcoin bloomberg bitcoin org биткоин bitcoin bonus bitcoin bitcoin инструкция raiden ethereum
bitcoin 2x мавроди bitcoin After people realized the barter system didn’t work very well, the currency went through a few iterations: In 110 B.C., an official currency was minted; in A.D. 1250, gold-plated florins were introduced and used across Europe; and from 1600 to 1900, the paper currency gained widespread popularity and ended up being used around the world. This is how modern currency as we know it came into existence.bitcoin changer live bitcoin goldmine bitcoin monero обменять bitcoin автосерфинг airbitclub bitcoin bitcoin metal rates bitcoin decred ethereum 100 bitcoin bitcoin hardware your bitcoin bitcoin work polkadot cadaver fpga ethereum анонимность bitcoin Instead of having a central authority, Ethereum depends on a network of volunteers running 'nodes,' each of which stores the entire transaction history and the current 'state,' consisting of all of the account balances, contracts, and storage. This is a cumbersome task, especially since the total number of transactions is increasing all the time as more transactions come in.bitcoin монеты 5 bitcoin bitcoin rpg ethereum фото bitcoin скачать win bitcoin bitcoin skrill calculator cryptocurrency bitcoin cgminer bitcoin iso mining bitcoin moon bitcoin bitcoin украина panda bitcoin биржа ethereum monero прогноз
бесплатный bitcoin flypool monero bitcoin markets зарегистрироваться bitcoin сложность ethereum обвал ethereum обменники ethereum bitcoin телефон bitcoin сатоши bitcoin greenaddress cryptocurrency ethereum hardware bitcoin bitcoin пирамиды обмен ethereum bear bitcoin bitcoin official ethereum токены us bitcoin monero blockchain cryptocurrency arbitrage bitcoin symbol bitcoin daily alliance bitcoin ethereum обмен claim bitcoin forecast bitcoin monero usd bitcoin plus bitcoin ledger bitcoin стоимость
tracker bitcoin doge bitcoin оплата bitcoin bitcoin автосборщик bitcoin телефон смысл bitcoin bitcoin traffic вклады bitcoin сколько bitcoin bitcoin direct ethereum биржа bitcoin софт bitcoin список ethereum txid новости monero phoenix bitcoin This tree is required to have a key for every value stored inside it. Beginning from the root node of the tree, the key should tell you which ***** node to follow to get to the corresponding value, which is stored in the leaf nodes. In Ethereum’s case, the key/value mapping for the state tree is between addresses and their associated accounts, including the balance, nonce, codeHash, and storageRoot for each account (where the storageRoot is itself a tree).monero сложность ethereum сложность ethereum blockchain bitcoin 30 miningpoolhub monero 22 bitcoin
microsoft bitcoin форки ethereum bitcoin daemon бутерин ethereum оплатить bitcoin lamborghini bitcoin c bitcoin
bitcoin asics
bitcoin carding зарабатывать ethereum bitcoin charts bitcoin список ethereum coin torrent bitcoin bitcoin транзакции wikipedia ethereum In the wake of the 2008 financial crisis, a new and soon-to-be revolutionary technology was brought into the world. Satoshi Nakomoto (a name which remains but a pseudonym to this day) published the Bitcoin Whitepaper, proposing a Peer-to-Peer Electronic Cash System which would allow online payments to be sent over the internet without using a bank or institution as an intermediary. The Bitcoin whitepaper was first published publicly on 31 October 2008.bitcoin информация film bitcoin sgminer monero bitcoin символ сайты bitcoin ethereum новости phoenix bitcoin ethereum php мастернода bitcoin clicker bitcoin bitcoin vps bitcoin tools bitcoin обменять bitcoin рейтинг tether скачать bitcoin clicker monero rur avto bitcoin bitcoin asic bitcoin wmz zona bitcoin bitcoin биржа convert bitcoin bitcoin портал платформу ethereum 50 bitcoin bitcoin png bitcoin nyse bitcoin simple gold cryptocurrency For an investor, many of the basic elements of transacting with bitcoin and LTC are very similar as well. Both of these cryptocurrencies can be bought via exchange or mined using a mining rig. Both require a digital or cold storage 'wallet' in order to be safely stored between transactions. Further, both cryptocurrencies have over time proven to be subject to dramatic volatility depending upon factors related to investor interest, government regulation and more.bitcoin wikipedia rpg bitcoin ethereum game reddit ethereum bitcoin antminer instant bitcoin If monetary debasement induced financialization, it should be logical that a return to a sound monetary standard would have the opposite effect. The tide of financialization is already on its way out, but the groundswell is just beginning to form as most people do not yet see the writing on the wall. For decades, the conventional wisdom has been to invest the vast majority of all savings, and that doesn’t change overnight. But as the world learns about bitcoin, at the same time that global central banks create trillions of dollars and anomalies like $17 trillion in negative yielding debt continue to exist, the dots are increasingly going to be connected.the ethereum The Future of Cryptocurrencyann monero автомат bitcoin tether обзор зебра bitcoin parity ethereum trezor ethereum bitcoin forbes bitcoin explorer
bitcoin algorithm кран monero bitcoin регистрации gold cryptocurrency cgminer bitcoin cryptocurrency mining bitcoin ann кран ethereum bitcoin freebie ethereum debian ethereum настройка ecdsa bitcoin bitcoin formula bitcoin stellar компьютер bitcoin miningpoolhub ethereum ethereum decred conference bitcoin bitcoin earn
раздача bitcoin bitcoin shop dollar bitcoin etoro bitcoin bitcoin пицца bitcoin block
