CCFocus -- Litecoin []
CCFocus -- Litecoin(LTC)(Ł)
In this article, I'll try to broadly explain the concept of the Litecoin cryptocurrency and give some informations related to it.
I apologize for my english faults, I did and I will do my best to reduce it.
// The original article in french: here //
Litecoin, "the digital silver" by analogy to bitcoin considered as the "digital gold", is a bitcoin fork created by Charlie Lee in 2011, which is making this currency one of the oldest since the market apparition. It wants to be more flexible and **more adapted than bitcoin to daily usage due to the swiftness of the confirmation of transactions and the minimal fees which are linked with.
Mining:
- "mineable" coin number planned : 84 millions,
- Hash algorithm : Scrypt (thought to be calculated by any type of hardware, however forcing on the RAM, but initally chose to avoid the usage of dedicated machines like asics),
- Average duration of a block discover : 2min30s,
- Earning by block: 25LTC (december 2017), divided by two every four year (same working as bitcoin),
- Difficulty adjustment : increase at the end of each 2016 block discovered.
Exchanges:
fiats > LTC :
- Coinbase
- Changelly
- Expresscoin
- (EUR > LTC) BitPanda
LTC > crypto (and vice versa):
Official list of exchanges: https://litecoin.com/services#exchanges
Spending: Merchants
Wallets :
Desktop:
- Litecoin-core (cross-platform, need the wholeness Litecoin blockchain download)
- Exodus (cross-platform)
Android:
IOS:
Hardware:
Official list of exchanges:
- https://litecoin.com/services#wallets
- https://litecoin.com/#wallets
Chain explorers:
Official list of chain explorers: https://litecoin.com/services#block_explorers
News:
Communication/support:
official list of news sites: https://litecoin.com/services#industry_news
ATM map: CoinATMradar
Project source code: https://github.com/litecoin-project/litecoin