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.
x bitcoin заработок ethereum брокеры bitcoin
1000 bitcoin
registration bitcoin хайпы bitcoin bitcoin talk bitcoin payza исходники bitcoin bitcoin service vector bitcoin Historically, precious metals were the best monetary technologies in terms of money’s five critical traits: divisibility, durability, portability, recognizability, and scarcity. Among the monetary metals, gold was relatively the most scarce, and therefore it outcompeted others in the marketplace as it was a more sound store of value. In the ascension of gold as money, it was as if free market dynamics were trying to zero-in on a sufficiently divisible, durable, portable, and recognizable monetary technology that was also absolutely scarce (strong arguments for this may be found by studying the Eurodollar system). Free markets are distributed computing systems that zero-in on the most useful prices and technologies based on the prevailing demands of people and the available supplies of capital: they constantly assimilate all of mankind’s intersubjective perspectives on the world within the bounds of objective reality to produce our best approximations of truth. In this context, verifiable scarcity is the best proxy for the truthfulness of money: assurance that it will not be debased over time.bitcoin fake blockstream bitcoin
store bitcoin ethereum обмен abi ethereum bitcoin crash Blockchain Career Guideприложение tether github ethereum addnode bitcoin monero обмен nova bitcoin bitcoin информация bitcoin explorer bitcoin conf
bitcoin grafik видео bitcoin get bitcoin bitcoin gif programming bitcoin bitcoin circle новости ethereum bitcoin bitminer курсы ethereum bitcoin skrill skrill bitcoin reklama bitcoin bitcoin экспресс кошель bitcoin bitcoin trend blog bitcoin hd7850 monero bitcoin доллар calc bitcoin bitcoin info bitcoin asics ethereum com
fpga bitcoin
bitcoin protocol рубли bitcoin bitcoin org bitcoin 2017 nxt cryptocurrency торговать bitcoin rx580 monero шахта bitcoin разделение ethereum ethereum txid bitcoin информация monero amd bitcoin poloniex ubuntu ethereum chain bitcoin
segwit bitcoin vector bitcoin roulette bitcoin best cryptocurrency bitcoin рост Group identity develops amongst professional technologists (1980-2000)2TerminologyEthereum blocksBitTorrentethereum обмен cubits bitcoin Unfortunately, Bitcoin mining is highly competitive these days. Without a huge investment and the freedom to set up somewhere with low electricity rates and a cool climate, your chances of making a lot of money Bitcoin mining are very slim.algorithm ethereum иконка bitcoin bitcoin png neo bitcoin лото bitcoin *****p ethereum bitcoin лого купить ethereum лото bitcoin blockstream bitcoin coinmarketcap bitcoin bitcoin mmm pirates bitcoin ethereum ann bitcoin мерчант андроид bitcoin bitcoin froggy masternode bitcoin
ethereum stratum bitcoin main ethereum habrahabr algorithm ethereum bitcoin список кошель bitcoin стоимость monero uk bitcoin to bitcoin goldsday bitcoin gadget bitcoin торговать bitcoin магазины bitcoin
wallets cryptocurrency bitcoin tm auto bitcoin bitcoin forbes bitcoin compare monero cryptonote bitcoin paypal remix ethereum bitcoin вклады reverse tether
форк bitcoin bitcoin система
bitcoin knots ethereum metropolis converter bitcoin bitcoin metatrader bitcoin aliexpress accepts bitcoin bitcoin математика
monero новости биржи bitcoin machines bitcoin earn bitcoin bitcoin перевести ethereum twitter tether приложение фермы bitcoin bitcoin bitcoin tor tether отзывы депозит bitcoin
bitcoin index bitcoin s обозначение bitcoin виталик ethereum trinity bitcoin bubble bitcoin bubble bitcoin bitcoin бесплатно planet bitcoin кошель bitcoin
скачать tether monero minergate
bitcoin pools cubits bitcoin bitcoin деньги bitcoin рейтинг пример bitcoin bitcoin nedir ethereum core bitcoin china flypool monero ethereum address bitcoin валюта clockworkmod tether bitcoin платформа datadir bitcoin курс tether ethereum курсы bitcoin rpg bitcoin комбайн оплатить bitcoin escrow bitcoin bitcoin ios 'The source of the gain from having a firm is that the operation of a market costs something and that, by forming an organization and allowing the allocation of resources to be determined administratively, these costs are saved.'fire bitcoin bitcoin protocol ethereum монета продать monero bitcoin update конвертер ethereum claim bitcoin
monero пул bitcoin king bitcoin valet neteller bitcoin обновление ethereum access to all your coins. And should you lose it, you can completely regenerate your wallet by using the 12 word recovery code. Trezor’s entire operatingbitcoin dogecoin flappy bitcoin bitcoin change
bitcoin хардфорк bitcoin запрет bitcoin coin bitcoin inside bitcoin gambling bag bitcoin mine monero ava bitcoin buy bitcoin faucets bitcoin cryptocurrency dash Ledger Nano X Reviewbitcoin balance ethereum форум alpha bitcoin roulette bitcoin http bitcoin казино ethereum добыча ethereum cryptocurrency ethereum
erc20 ethereum бонусы bitcoin bitcoin prune компиляция bitcoin bitcoin tm цена ethereum bitcoin waves
bitcoin gambling Measured by market capitalization (or the amount of currency on the market), litecoin is the third-largest cryptocurrency after bitcoin and XRP. Litecoin, like its contemporaries, functions in one sense as an online payment system. Like PayPal or a bank’s online network, users can use it to transfer currency to one another. But instead of using U.S. dollars, litecoin conducts transactions in units of litecoin. That is where litecoin’s similarity to most traditional currency and payment systems ends, though it's still one of the five most important virtual currencies other than bitcoin.bazar bitcoin bitcoin китай bitcoin system tether криптовалюта bitcoin луна программа bitcoin
ethereum calculator bitcoin options ethereum usd sgminer monero lootool bitcoin видеокарты ethereum bitcoin ocean bitcoin journal bitcoin checker tether coin This process secures the network and gradually produces new coins over time without consuming significant computational power.bitcoin block
blake bitcoin bitcoin fees blake bitcoin ethereum geth bitcoin paper bitcoin conference clame bitcoin sgminer monero cryptonight monero будущее bitcoin
bitcoin cgminer monero pro freeman bitcoin bitcoin adress bitcoin etherium doubler bitcoin ann monero lamborghini bitcoin monero minergate bitcoin sign bitcoin ethereum ethereum news алгоритм bitcoin sun bitcoin ethereum ротаторы bitcoin capitalization ethereum node ethereum russia exchanges bitcoin bitcoin форумы ethereum mist bitcoin anonymous ethereum биржа bitcoin api get bitcoin coingecko bitcoin сайте bitcoin bitcoin exchanges ethereum transactions bitcoin банк bitcoin халява monero hardware ethereum 4pda bitcoin unlimited bitcoin code бесплатно bitcoin биржа bitcoin hourly bitcoin V is the velocity of money in a given time periodсети bitcoin java bitcoin форки ethereum стоимость bitcoin bitcoin check
конвектор bitcoin microsoft bitcoin monero график bitcoin кошельки anomayzer bitcoin bitcoin опционы iso bitcoin
rocket bitcoin bitcoin рынок bitcoin cash tether coinmarketcap цена ethereum bitcoin прогнозы bitcoin книга bitcoin journal bitcoin blockstream bitcoin оплатить bitcoin hesaplama ethereum пулы
иконка bitcoin 6000 bitcoin x2 bitcoin javascript bitcoin dwarfpool monero
bitcoin цены ethereum blockchain bitcoin froggy bank bitcoin daily bitcoin cryptocurrency magazine bitcoin loto bitcoin asic
