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How Many Litecoins Are Left

Litecoin Halving Countdown - Crypto Mining Blog

Litecoin Halving Countdown - Crypto Mining Blog

All About BTC, LTC, ETH mining as well as other alternative crypto currencies There are just about two more days left before the first Litecoin (LTC) block reward halving occurs, this should happen sometime on Tuesday, August 25th. Litecoins block mining reward halves every 840000 blocks or roughly in 4 years, and we are going to see the first halving that will bring the coin reward down to 25 coins from the current reward of 50 coins. The total Litecoins mined when the first block reward halving occurs will be 42 million and for the next 4 years before the next halving occurs there will be 21 millions more LTC mined. The question how will the halving affect Litecoin (LTC) and especially the price of the alternative crypto currency is the one that miners are continuing to be asking as the day approaches. If you want to keep a track of when exactly the Litecoin block reward halving will occur, then you should know that there is a countdown on a dedicated website just for that available. Continue reading >>

Litecoin - Wikipedia

Litecoin - Wikipedia

Litecoin (LTC or [1] ) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license . [2] Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. [2] [3] While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some minor technical differences compared to Bitcoin and other major cryptocurrencies. Limited release ( geometric series , rate halves every 4 years reaching a final total of 84 million LTC) Increasing difficulty per every 2016 blocks produced. Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a former Google employee. [4] The Litecoin network went live on October 13, 2011. [5] It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm ( scrypt , instead of SHA-256 ), and a slightly modified GUI . [6] During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours. [7] Litecoin reached a $1 billion market capitalization in November 2013. [8] By late November 2017, its market capitalization was US$4,600,081,733 ($85.18 per coin). [9] [10] In May 2017, Litecoin became the first of the top-5 (by market cap) cryptocurrencies to adopt Segregated Witness . [11] Later in May of the same year, the first Lightning Network transaction was completed through Litecoin, transferring 0.00000001 LTC from Zrich to San Francisco in under one second. [12] Litecoin is different in some ways from Bitcoin . The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 mi Continue reading >>

What Is Litecoin

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 . The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items. Miners are currently awarded with 50 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. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Litecoins . This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments. Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for indepen Continue reading >>

How Many Litecoins Are There?

How Many Litecoins Are There?

I know that there will be a maximum 84 litecoins, but I can't seem to find any website that tells me how many there are now, even an estimate. Also, on the off chance, is there a website that provides this number through an API? Thank you. 12+ exclusive games The Bitcoin Casino by Primedice Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. About 17.5 million. I don't know of any websites that offer the exact number of coins. I obtained this number by multiplying the block count by 50. My name was simply a play on "Blue Engineer" from Team Fortress. I am not affiliated with Microsoft or the Azure project. Continue reading >>

How Many Litecoins Are Left

How Many Litecoins Are Left

Litecoin Block Reward Halving Countdown website. Litecoin Block Reward Halving. Percentage of total Litecoins mined: 65.24%: Total Litecoins left to mine.Become the best Bitcoin miner and learn how to mine Bitcoins with the best Bitcoin mining hardware, software, pools and cloud mining. Start News Pool Cloud Software. Its also important to note that Charles Lee left Google in 2013 to become the third hire. though he did not disclose how many litecoins that entailed or at what. How to buy Litecoin (LTC) | crypto-advizor.com The most popular rear end around is no doubt the Ford 9 inch unit,. (on left) and a traction loc Posi 28 spline 2 pin spool ( to the right). Explanation of Level of Consciousness in Medicine - Verywell How many units do I need to sell to breakeven? Should I lease or buy equipment? What are my business financial ratios? What is my employee total compensation package. Should I Mine Bitcoins Or Litecoins 2018 - vergenews.org The Articles of Confederation: The First Constitution of the United States. A blog post at "In Custodia Legis: Law Librarians of Congress" on 2011-09-16. Know Where Your Heart Is and How to Identify Heart Pain. in the middle of the chest and slightly towards the left of the breastbone. Discover Nespresso recipes. Mocca Latte by Nespresso. A classic whose name is already a promise of travel and indulgence. Designs and manufactures archery and bowhunting products for the professional and amateur archer. Includes product specifications, photos, and dealer locator. With a leak-resistant seal. Ziploc Twist n Loc Containers block out air and lock in freshness. Plus,. (I have one of those left too).Home Alone Children. It is not possible to make a general statement about when a child can be left home. Many states have laws that hold parent Continue reading >>

How Many Bitcoins Are Left?

How Many Bitcoins Are Left?

There are 21 million Bitcoins total of which almost 17 million are in circulation. There are a little over 4 million bitcoins left that are not in circulation yet. What determines how many bitcoins are left? The Bitcoin source code determines how many bitcoins are left. The remaining Bitcoins not in circulation are released to miners as a reward for maintaining the integrity of the network. There are currently close to 4.3 million Bitcoins left that arent in circulation yet. With only 21 million Bitcoins that will ever exist, this means that there are about 16.7 million Bitcoins currently available. Out of those 16.7 million, its estimated that 30% of those may be lost forever as a result of things like hard drive crashes and misplaced private keys. What determines how many Bitcoins are left? The remaining Bitcoins not in circulation are in a pool dedicated to rewarding miners for maintaining the integrity of the network. As miners validate transactions and create new blocks, they receive the remaining Bitcoins from this pool as a reward. The Bitcoin source code outlines how the mining rewards should be distributed and when these distributions occur. The reward for mining each block started at 50 Bitcoins and has since halved twice. The current reward sits at 12.5 Bitcoins per block. The mining reward halving occurs every 210,000 blocks. With blocks taking about 10 minutes on average to mine, halvings occur about every 4 years. After 64 total halvings, there will be no more Bitcoins left to reward miners and all 21 million Bitcoins will be in circulation. This will occur sometime in 2140. You may be wondering, Without block rewards, what incentive do miners have to validate transactions? Miners receive more than just the block rewards when they create new blocks. They Continue reading >>

Litecoin - Total Ltc In Circulation

Litecoin - Total Ltc In Circulation

Bitcoin > Litecoin Data > Litecoin - Total LTC in Circulation Chart showing the historical number of Litecoin in circulation over time The SECs analysis of DAO tokens being securities will have what sort of impact on token sales going forward? (select all that apply) Token sales will fall in quantity but rise in quality More token sales will start requiring accreditation More token sales will start excluding potential U.S. investors Investors will be more cautious and diligent on the token sales they invest in Exchanges will not list tokens as quickly and nonchalantly Venture capital funding will rise relative to token sale funding None of the above, token sales will continue similarly to how they have been I would like to receive the following emails: CoinDesk Weekly - Insights for the week ahead CoinDesk Daily - Our snapshot of the day's news Subscribe to our free newsletter and follow us Continue reading >>

What Is Litecoin? Litecoin Vs Bitcoin, Which Wins?

What Is Litecoin? Litecoin Vs Bitcoin, Which Wins?

Jordan Tuwiner Last updated July 13, 2017 Litecoin is a cryptocurrency just like Bitcoin. It can be sent globally around the world almost instantly, for very low fees. Litecoin was actually one of the first forks of Bitcoin. Its creator, Charlie Lee, was a former Google employee and created Litecoin when he got into cryptocurrency. Litecoin has value for many of the reasons Bitcoin has value. The main reason Bitcoin has value is because its very useful and scarce. Litecoin is the same. Only 84 million LTC will ever exist, which creates the scarcity. Litecoin is also very useful because it can be sent anywhere in the world instantly for very low fees. Litecoin mining is much, much different than it used to be. At the time of writing, Litecoin is about $32. In its early days, Litecoin was very easy to mine because it was cheap and there was no competition. Litecoin is one of the most popular cryptocurrencies, so its actually gotten pretty easy to buy compared to many of the other small altcoins. Coinbase is the easiest way to buy bitcoins in the USA, Europe, UK, Australia, and Canada. You can buy with either a credit card or bank account. If you live in South America, Africa or Asia then the easiest way is to buy bitcoins then convert using Changelly. The number of Litecoin wallets are actually somewhat limited. Bitcoin is still the only cryptocurrency that people really use on a daily basis. So, the demand is not strong for many Litecoin wallets so not many exist. Probably the best, most feature packed Litecoin wallet is Electrum LTC . It is a fork of the popular Bitcoin wallet Electrum. It is open-source software and can be used on Mac, PC, or Desktop. If you want secure storage of your LTC, we recommend using a hardware wallet like the Ledger Nano S or the TREZOR. Tho Continue reading >>

What Is Litecoin? - Invest In Blockchain

What Is Litecoin? - Invest In Blockchain

written by Jacob Bushmaker October 10, 2017 Litecoin has quickly risen from obscurity to become one of the worlds most popular, well known and most valuable cryptocurrencies in the world. According to Litecoins website , the currency is described as: Apeer-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. Simply put, Litecoin is a low cost, decentralized cryptocurrency used to pay for everyday items instantly. Litecoin ranks as one of the top five most valuable cryptocurrency in the world by market cap, behind Bitcoin, Ethereum, Ripple and Bitcoin Cash.As of writing this article, Litecoins market cap is nearly 2.8 billion dollars, with over a 1100% year to date return on investment. Litecoin was developed by Charlie Lee while he was still working for Google and went live on October 7th, 2011. This makes Litecoin one of the oldest cryptocurrencies. The source code itself was a fork off of the Bitcoin Core Client with a few notable changes and improvements such as decreased block generation time, utilizing different hashing algorithms and decreasing the time needed to process payments. More on the differences between Bitcoin and Litecoin can be found later in this article. Charlie left Google in 2013 to work for Coinbase full-time. Coinbase now is one of the largest cryptocurrency exchanges in the world. Charlie has since left Coinbase and now works full-time on Litecoin. In September of 2017, Litecoin hit a record high of nearly $100USD, but has since dropped around 50% after Chinas regulatory changes regarding cryptocurrencies. For further reading on these topics see: China Bans ICOs (Or Do They? ) for more inform Continue reading >>

Litecoin Hits A Record High And Is Up Nearly 1,400 Percent This Year

Litecoin Hits A Record High And Is Up Nearly 1,400 Percent This Year

Litecoin hits a record high and is up nearly 1,400 percent this year Litecoin hit a record high of $64.2 on Monday and has rallied 1,400 percent since the start of the year Differences between bitcoin include speed of transactions, size of supply, and use case Litecoin creator Charlie Lee says that he sees the cryptocurrency being used for purchases whereas bitcoin is more a store of value Litecoin, the fifth-largest cryptocurrency by value and rival to bitcoin , has rallied nearly 1,400 percent since the start of the year after hitting a record high price. On Monday, litecoin hit an all-time high of $64.2, marking a 1383 percent rise since January first where it traded at $4.33, data from industry website Coinmarketcap.com showed. The price pulled back slightly on Tuesday and was just above $62 in early trade. CNBC runs through the differences between bitcoin and litecoin, and what's driving the price. Litecoin is a cryptocurrency founded by Charlie Lee. It has a market capitalization of around $3.28 billion according to Coinmarketcap.com . This makes it the fifth-biggest digital currency behind ripple, bitcoin cash, ethereum, and bitcoin, which is the largest with a market cap of $72.4 billion. Like bitcoin, it runs on a blockchain, which is a public ledger of transactions that can't be tampered with. There is a limited supply of 84 million litecoins, compared to 21 million bitcoin. Currently 52,679,982 litecoin and 16,530,563 bitcoin are in circulation. Litecoin transactions currently take just over 2 minutes to go through compared to about 100 minutes for bitcoin. Litecoin creator Charlie Lee recently explained that he sees the cryptocurrency as being a key player in payments, whereas bitcoin is more a store of value. "Bitcoin will always be the gold standard becau Continue reading >>

Mining Reward - When Will Litecoin Be Fully Mined Compared To Bitcoin? And At What Years Will Each Halving Occur? - Bitcoin Stack Exchange

Mining Reward - When Will Litecoin Be Fully Mined Compared To Bitcoin? And At What Years Will Each Halving Occur? - Bitcoin Stack Exchange

When will Litecoin be fully mined compared to Bitcoin? And at what years will each halving occur? Litecoin block reward halves every 840,000 blocks, which is roughly every 4 years (block time of 2.5 minutes). The first halving to 25 LTC per block happened on 25 August 2015, and the next is predicted for August 2019, when the reward will halve to 12.5 LTC per block. So because litecoin halves as often as bitcoin, it'll be completely mined only a couple of years after bitcoin is Continue reading >>

Litecoin Founder Charlie Lee Has Sold All Of His Ltc

Litecoin Founder Charlie Lee Has Sold All Of His Ltc

Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin (LTC), the cryptocurrency that he founded in 2011. Lee explained in a post on Reddit that he is selling all of his LTC coins bar a number of physical coins he keeps as collectibles to avoid the conflict of interest that comes with his influence and position as LTC founder. Thanks to his time at Coinbase and LTC,Lee is regarded as a key influencer in the crypto space and he has accumulated more than 378,000 followers on Twitter, where his handle is @SatoshiLite . While he said he has stayed away from tweeting about LTC prices directly, he acknowledged his tweets have been criticized in some quarters as manipulating the price despite whatever his best interest. Lee readily admits that his position represented a conflict of interest, hence the unload. Whenever I tweet about Litecoin price or even just good or bad news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. I have always refrained from buying/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general, Lee wrote . We dont know how many LTC that Lee held, and had sold, but now he said he is focused on developing the cryptocurrency itself. This is definitely a weird feeling, but also somehow refreshing. Dont worry. Im not quitting Litecoin. I will still spend all my time working on Litecoin. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not direc Continue reading >>

Litecoin Founder Sells All His Litecoin But Promises Not To Leave

Litecoin Founder Sells All His Litecoin But Promises Not To Leave

Litecoin Founder Sells All His Litecoin But Promises Not To Leave Charlie Lee, founder of the cryptocurrency Litecoin (LTC) has sold all his LTC, but will devote himself to growing the Litecoin platform Litecoin (LTC) founder Charlie Lee announced today on Reddit and Twitter that he has completely unloaded all his Litecoin holdings via selling and donation. He wrote on Reddit: For the first time in 6+ years, I no longer own a single LTC thats not stored in a physical Litecoin. (I do have a few of those as collectibles.) According to his Reddit post, the amount Lee sold was a small percentage of GDAXs daily volume, and it did not crash the market. Please read the whole post. Reddit thread is here: pic.twitter.com/VoIlA0Xjj3 Charlie Lee [LTC] (@SatoshiLite) December 20, 2017 According to the announcement, Lee decided to sell all of his Litecoin because of the potential for conflict of interest, given the influence his personal statements can have on the coins price. He explained that by selling all his LTC, he can fully separate his own opinions and actions from the performance of the cryptocurrency, stating: whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is a conflict of interest for me to hold LTC and tweet about it because I have so much influence. Lee did give some clue regarding his future, reassuring users that he is in no way abandoning his creation. With his own personal finances stable, he plans to devote himself to Litecoin, and expects to meet with a variety of other rewards beyond the price appreciation of his coins: Dont worry. Im not quitting Litecoin. I will still spend all my time working on Litecoin. When Litecoin succeeds, I will Continue reading >>

Litecoin Beats Bitcoin's Price In 2018: But What Is It? | Fortune

Litecoin Beats Bitcoin's Price In 2018: But What Is It? | Fortune

With digital currency Bitcoin taking the spotlight in 2017, its hard to remember the other cryptocurrencies that have been growing in its shadow. An increasingly-prominent example: Litecoin . The fourth largest digital currency by market capitalization has gone positively vertical this year, with Litecoin prices breaching $320 for the first time Tuesday. Since the start of 2017, Litecoin has risen 7,291% against bitcoins 1,731%. So why the rise? There doesnt seem to be a single eventthough the recent surge in interest surrounding cryptocurrencies may have pushed some investors into becoming more adventurous. Some investors may also think the price of bitcoin is overdoneand are seeking other investment opportunities. Meanwhile, Litecoin only became somewhat easier to purchase earlier this year , with Coinbase adding the cryptocurrency to its listing. One of the several clone cryptocurrencies that stemmed from Bitcoin, Litecoin forked off the Bitcoin ledger in late 2011. It was intended to be the silver to Bitcoins gold: a faster, more lightweight version of the Satoshi Nakamoto-created cryptocurrency. Instead of the approximately 10 minutes it takes for a Bitcoin transaction, a Litecoin transaction only takes 2.5 minutes. While making transactions four times faster, Litecoins creator also Charlie Lee quadrupled the maximum number of coins that can be mined. While bitcoin has a total of 21 million, Litecoin totals 84 million. And the total market value of Litecoin is currently lower: $18 billion to Bitcoins $291 billion. It is the fourth largest cryptocurrency market behind Bitcoin, Ethereum, and Bitcoin cash. The higher number of Litecoins, meanwhile, could make it psychologically more attractive to buy small-ticket items using the cryptocurrency. The vision is always I Continue reading >>

I'm Done Mining Litecoin - Reckoner

I'm Done Mining Litecoin - Reckoner

In my previous Reckoner feature about Litecoin , I came to the conclusion that I had three options on the table at that stage of my experiment mining the crypto-currency: Option 2 keep mining at my current rate. Option 3 buy more rigs and mine even more Litecoin with the hope that the price rises. Option 1, the path of least resistance. Thats the choice I ultimately ended up at. My Litecoin mining adventure wasnt profitable and if Im honesta waste of time. To redeem something out of the experience, I can at least share with you what I did wrong. If you are thinking about mining Litecoin or some other sort of crypto-currency, you can learn from my mistakes. The main thing everyone wants to know is how much money did you lose, man?! $16,056.10 on set up (hardware, equipment, shelving) $5,075.00 on electricity, rent & internet access $10,709.78 on selling the gear (post ebay fees, postage, etc.) That puts me at a total loss of $8,183.24. However, I do have 894LTC in my wallet. The current price of LTC right now is hovering around $2.50 (ugh), which means if I was to sell my entire LTC stash, I will have lost $5,948.24 all up. A good scenario is the price of LTC maybehitting$5 once its announced on Mt. Gox (see their blog post which addresses this further). Which means, realistically, I will have lost $3,713.24 in total. Ideal circumstances? If I was to sell that LTC for $9.15 per coin, I could break even on the whole thing. If I sell for $10, Id make $756. If I sell my stash for $72.50 per coin, Id be able to buy a sweeeeeett Mercedes Benz A250 Sport . What went wrong? What could I have done better? I was naive enough to think that the price of LTC would grow so quickly, that it could meet the minimum repayment on my card and cover the costs of electricity, rent & an inte Continue reading >>

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