WHAT IS LITECOIN?
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Litecoin vs Bitcoin
Litecoin differs from Bitcoin in three ways.
The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes. Litecoin, therefore, allows for faster transaction confirmation.
Litecoin uses Scrypt in its proof-of-work algorithm. That is a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.
The Litecoin Network will produce 84 million Litecoins That is four times as many currency units as will be issued by the Bitcoin Network.
Where can I discuss Litecoin?
The Litecoin community is extremely kind and robust. There are many forums and places where you can discuss Litecoin with others who are interested in the currency. Here are the main ones:
| Litecoin Markets Subreddit |
| Discord |
| Official Forum |
| IRC |
30% Off #ledgernanoS #hardwarewallet #cryptocurrency #litecoin #bitcoin #xrp #hodl https://t.co/OzHLoi9dTB
https://t.co/CG4fYUeSq8 #antminer #scryptminer with PSU #hodl #ltc #litecoin
We are trying to get the whole Litecoin ecosystem migrated to using M-addresses for LTC multisig/segwit addresses and stop using 3-addresses.
Help me fill out this table: https://t.co/KNTpKpiCpo
Test your exchanges/wallets/explorers and let me know what you find. 👊
30% off #ledger #nano #hardwarewallet #cryptocurrency #ltc #btc https://t.co/OzHLoi9dTB
How are Litecoins created?
Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks).
The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.
Resources
Find general information as well as a list of services and exchanges that support Litecoin at the Litecoin Wiki.
Up-to-date network statistics can be found at Litecoin Block Explorer Charts.
Source code for Litecoin Core and related projects are available on GitHub.
Where can I spend Litecoin?
Litecoin is in the top ten of all cryptocurrencies by market capitalization. Websites are rapidly adopting Litecoin as a method of payment as well. If you yourself want to accept LTC as a business, you can refer to these merchant manuals. Alternatively, if you would like to explore websites that accept Litecoin, head over to /r/AcceptingLTC.
Here are also several of our favorite merchants accepting Litecoin.
Find support across a growing number of Litecoin communities:
- Litecoin Forums
- Litecoin Telegram
- Reddit Litecoin
- Search for Users on Twitter
- IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers).
Ethereum Blog blog.ethereum.org
-
Security Alert: Ethereum Constantinople Postponement
on January 15, 2019 at 8:00 am
The Ethereum Core Developers and the Ethereum Security Community were made aware of the potential Constantinople-related issues identified by ChainSecurity on January 15, 2019. We are investigating any potential vulnerabilities and will follow with updates in this blog post and across social media channels. Out of an abundance of caution,... […]
-
Ethereum Constantinople Upgrade Announcement
on January 11, 2019 at 8:00 am
NOTE: DUE TO A SECURITY VULNERABILITY WE ARE POSTPONING CONSTANTINOPLE. PLEASE DISREGARD THE INSTRUCTIONS IN THIS BLOG POST. CLICK HERE FOR MORE INFORMATION. The Ethereum network will be undergoing a scheduled upgrade at block number 7,080,000, which is predicted to occur on Wednesday, January 16, 2019. The exact date is... […]
-
Announcing an Ethereum Foundation Grant to Parity Technologies
on January 7, 2019 at 8:00 am
The Ethereum Foundation is thrilled to announce a scalability, usability and security grant of five million dollars (USD) to Parity Technologies. For several years, Parity Technologies has been an invaluable member of the Ethereum ecosystem for their leadership in core development efforts, their Parity Ethereum client and more. Their work... […]
-
Call for Submissions! DApps Solving Real-World Issues
on December 19, 2018 at 8:00 am
Help identify dApps impacting emerging economies and communities around the world! At Devcon 4, Aya Miyaguchi gave a talk about the Ethereum Foundation’s values, about Ethereum as being representative of hope for an open future, and about a better world that we can build by applying this philosophy and technology.... […]
-
Devcon4 Videos and Pictures Released!
on December 10, 2018 at 8:00 am
We’re happy to announce that the presentation videos from Devcon4 are now available for viewing! As promised, we recorded sessions from the following rooms: Spectrum (Main Stage), Prism (Side Stage), Radiant Orchid (Breakout Room), and Ultra Violet (Breakout Room). This year you have two viewing options: SlidesLive and YouTube. SlidesLive... […]