Litecoin was started as a fork of Bitcoin on October 13th, 2011. Charles Lee had noticed that Bitcoin was taking longer and longer to process transactions as more people were using it, so he forked the code from the original bitcoin project and changed a few things including making the time of new blocks half of what it originally was. By doing this they hoped to increase transaction speeds on the Litecoin network.
Litecoin is a cryptocurrency that focuses on being faster than bitcoin to transfer and process transactions. Litecoins are based on an open-source global payment network that is not controlled by any central authority, it's fully decentralized. It's aimed to be the silver to bitcoins gold, which means it will have less value but more daily use. Mining litecoins is a little different from other crypto coins because it uses a scrypt in its proof-of-work algorithm.
Elliptic Announces Support for MimbleWimble on Litecoin
A week after Litecoin activated the long-anticipated MimbleWimble Extension Blocks (MWEB) upgrade, blockchain analytics firm, Elliptic announced addin
South Korean Crypto Exchanges Issue Investment Warnings After Litecoin’s MWEB Update
Two leading South Korean cryptocurrency exchanges, UpBit and Bithumb, have issued a warning for Litecoin after the activation of MimbleWimble Extensio
Litecoin Activates MimbleWimble Extension Blocks (MWEB)
Litecoin has finally announced the activation of Mimblewimble Extension Blocks (MWEB) more than two years after it was first introduced. On May 2nd, L
Can Litecoin Reenergize Users With New MimbleWimble Upgrade? (Opinion)
Litecoin has launched the new privacy-focused MimbleWimble upgrade. The changes have proliferated across the network for use by LTC wallets and nodes.
Litecoin Foundation and AntPool Formed a New Organization Focused on Dapps
Litecoin Foundation, a community-run organization, committed to the development and adoption of Litecoin, announced a partnership with the digital cur
Cardano (ADA) Ranks Second in 24H Transaction Volume, Surpasses Ethereum and Litecoin
The Cardano network is now in the second position to Bitcoin, thereby outpacing both Litecoin as well as its rival smart contract platform Ethereum in
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