Litecoin Crypto, Is It Worth To Spend Money?

The Litecoin crypto network is scheduled to produce many million units of currency. The coin uses a Scrypt hashing algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm that is not memory-hard. The minimum transaction fee is 0.1 LTC. If you use the Litecoin Core wallet, you can set the minimum transaction fee rate manually. The recommended fee rate is 0.001 LTC per kilobyte. Note, though, that the transaction fee that you pay depends on the amount you are sending, not the amount you are receiving.

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