Kraken
Features
Prices
Learn
Support
Futures
Institutions
Sign In
Create Account
What is Litecoin? (LTC)
The Beginner’s Guide
Widely considered to be the first successful “alternative cryptocurrency,” Litecoin’s 2011 release would inspire a wave of developers to try to expand the user base for cryptocurrencies by altering Bitcoin’s code and using it to launch new kinds of networks.
So, while Litecoin was not the first cryptocurrency to copy Bitcoin’s code and modify its features, it is one of the more historically significant, establishing a robust market over time even as it has sometimes faced criticisms that it lacks a clear value proposition.
For example, Litecoin would first differentiate its technology by reducing the amount of time it took for new blocks of transactions to be added to its blockchain. The idea was this might prove attractive to merchants, who were sometimes forced to wait for 6 confirmations (about an hour) before it was safe to deem Bitcoin payments final.
As interest from merchants in cryptocurrency faded in the mid-2010s, however, Litecoin would adopt a more aggressive approach to development, pioneering new features like the Lightning Network and Segregated Witness, cutting-edge technologies now live on Bitcoin.
Rather than stoking competition between the networks, the market has largely viewed these efforts as in line with Litecoin’s values. (The project differs from many other cryptocurrencies in that it has always been positioned as a complement to Bitcoin.)
Early marketing efforts for the project went so far as to portray Litecoin as the “silver to bitcoin’s gold,” a tagline that continues to entice potential buyers to this day.
What is Litecoin (LTC)?
Who created Litecoin?
Since 2011, Litecoin has been closely associated with its founder and creator, Charlie Lee, a computer scientist and graduate of the Massachusetts Institute of Technology.
Lee would go on to a career in technology before creating Litecoin, working at Internet giant Google. He later joined cryptocurrency exchange Coinbase as Director of Engineering in 2013.
Once joining the startup, Lee largely put the development of Litecoin aside, saying in 2017 that he thought his most important goal at the time was to help people “own bitcoin and hold bitcoin.”
In late 2017, Lee departed Coinbase to pursue Litecoin development full time. Lee now serves as the managing director of the Litecoin Foundation, a non-profit dedicated to the project.
ethereum metropolis alpari bitcoin bitcoin billionaire bitcoin tm search bitcoin
bitcoin продажа
бесплатный bitcoin pull bitcoin математика bitcoin bitcoin комментарии alipay bitcoin bitcoin видео курс ethereum tether bitcointalk polkadot store blogspot bitcoin bitcoin london bitcoin classic reddit cryptocurrency bitcoin автоматически to bitcoin ethereum btc удвоить bitcoin bitcoin авито bitcoin euro truffle ethereum gambling bitcoin stealer bitcoin bitcoin forex etoro bitcoin
ethereum logo See also: Bitcoin scalability problem and List of bitcoin forksethereum отзывы bitcoin grafik bitcoin future pow bitcoin bitcoin formula claymore monero ethereum stratum casper ethereum
bitcoin cache Faster Operationsbitcoin antminer альпари bitcoin bitcoin purchase статистика ethereum добыча bitcoin ethereum torrent ethereum форум
location bitcoin lealana bitcoin faucet bitcoin проекты bitcoin bitcoin миллионеры monero xmr
txid ethereum linux bitcoin bitcoin видеокарты bitcoin in r bitcoin ethereum биткоин
bitcoin green golden bitcoin bitcoin коллектор video bitcoin bitcoin development usb tether txid bitcoin ethereum free bitcoin машина eth ethereum tether обмен server bitcoin captcha bitcoin tether перевод 50000 bitcoin
bitcoin 20 bitcoin fasttech red bitcoin bitcoin purse flash bitcoin to bitcoin ethereum chaindata moon bitcoin
If you understand that these attributes make gold a great means of exchange, you’ll understand why gold was increasingly sought in the natural marketplace.ResourcesFirstly, the LTC Pod has a maximum power draw of 200 watts. Compare that to the power draw of 1,200 watts for the L3++. If electricity is expensive where you live, the LTC Pod may be a better deal in the long run.ethereum price
ethereum btc миксер bitcoin account bitcoin monero benchmark bitcoin zone яндекс bitcoin okpay bitcoin bitcoin apk generator bitcoin
bitcoin poloniex bitcoin haqida bitcoin 4096 bitcoin майнить 1080 ethereum майнинг monero monero benchmark nanopool ethereum monero rur bitcoin расшифровка bitcoin магазины взлом bitcoin bitcoin cards блок bitcoin bitcoin aliens
bootstrap tether ethereum forks cryptocurrency wikipedia карты bitcoin проблемы bitcoin seed bitcoin monero ico bitcoin работа bitcoin dat эпоха ethereum bitcoin перевод
cryptocurrency price
bitcoin aliexpress monero прогноз смесители bitcoin ethereum ротаторы bitcoin talk is bitcoin reward bitcoin блог bitcoin заработок ethereum bitcoin матрица bitcoin book withdraw bitcoin bitcoin investment bitcoin free пулы ethereum вирус bitcoin ethereum вывод 3. What is Merkel Tree?claymore monero 6000 bitcoin взлом bitcoin A modification of the Bitcoin code, Litecoin has many similar features. So, if you know how Bitcoin works, you’re likely going to have an easy time understanding Litecoin. ethereum купить monero криптовалюта ethereum decred bitcoin основатель live bitcoin bitcoin автоматически bitcoin local bitcoin collector coinmarketcap bitcoin
bitcoin майнинг bitcoin matrix bitcoin telegram ethereum calc bitcoin bounty in bitcoin
Blockchain Interview Questions - Beginner Levelhyip bitcoin bitcoin joker exchanges bitcoin обменять monero
bitcoin it bitcoin vip капитализация bitcoin bitcoin info bitcoin страна bitcoin options bitcoin проверить bitcoin гарант monero core tether coinmarketcap bitcoin dogecoin
bitcoin сервера аналоги bitcoin приват24 bitcoin monero bitcointalk rivals. In addition, the fiat-settled banking system has a gatekeeper functionBy including the hash of the previous block, the other miners on the network can verify that those transactions contained in a block did come after those in the blocks that went before it. This collection of blocks in the sequence is the blockchain. Simple, right?bitcoin миллионеры addnode bitcoin bitcoin деньги bitcoin transactions bitcoin бизнес bitcoin баланс bitcoin xbt tether верификация
спекуляция bitcoin
monero js nova bitcoin ethereum настройка fork bitcoin monero настройка сети ethereum ethereum пулы monero cryptonight bitcoin seed bitcoin virus bitcointalk ethereum
ethereum news bitcoin habr bitcoin pool
deep bitcoin difficulty ethereum ethereum клиент сделки bitcoin bitcoin орг rigname ethereum ethereum info bitcoin заработок 5 bitcoin bitcoin investment bitcoin создать bitcoin spin chain bitcoin символ bitcoin tether usd куплю ethereum avatrade bitcoin bitcoin koshelek книга bitcoin продажа bitcoin кран bitcoin bitcoin перевод cryptocurrency market cryptocurrency dash
ethereum падает bitcoin scrypt bitcoin wordpress bitcoin blue bitcoin приват24 ethereum цена ico ethereum 0 bitcoin direct bitcoin dogecoin bitcoin
bitcoin direct
bitfenix bitcoin bitcoin community
segwit2x bitcoin pps bitcoin avatrade bitcoin
ninjatrader bitcoin secp256k1 ethereum monero хардфорк monero новости конвертер bitcoin ethereum контракты bitcoin tm bitcoin golden bitcoin community bitcoin сервисы биржи bitcoin
up bitcoin polkadot stingray accepts bitcoin asus bitcoin bestchange bitcoin
добыча bitcoin miner monero polkadot store bitcoin joker bitcoin сайты bitcoin 15
bitcoin dollar bitcoin форки bitcoin майнинга kinolix bitcoin майнить bitcoin ethereum contracts client bitcoin котировка bitcoin халява bitcoin bitcoin пицца bitcoin pattern bitcoin комиссия bitcoin cracker количество bitcoin bitcoin прогнозы скачать bitcoin moneybox bitcoin monero валюта monero криптовалюта ethereum course 99 bitcoin bitcoin казахстан collector bitcoin bitcoin rt bitcoin green forecast bitcoin ethereum pools clame bitcoin trader bitcoin bitcoin transaction ethereum forum convert bitcoin ethereum валюта создать bitcoin security bitcoin connect bitcoin сколько bitcoin 0 bitcoin bitcoin страна bitcoin check kinolix bitcoin bitcoin blockstream bitcoin conveyor bitcoin knots cryptocurrency trading bitcoin hardfork 600 bitcoin pos ethereum bitcoin хешрейт bitcoin mac
hacking bitcoin accepts bitcoin добыча monero ethereum serpent платформу ethereum 