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Litecoin.com - Open Source P2p Digital Currency

Litecoin.com - Open Source P2p Digital Currency

Litecoin Core v0.14.2 released! This is an important update, all users are advised to upgrade SegWit & CSV activation imminent. All users, especially miners and exchanges are advised to upgrade to 0.13.2 ASAP! SegWit has activated on testnet! If you mine on testnet and haven't upgraded, please do so ASAP! Release info here: Litecoin Core v0.13.2 released! This is an important update, all users, especially miners are advised to upgrade In response to CVE-2015-7547, several Litecoin infrastructure related sites will be undergoing brief maintenance over the next 24-48hrs. Litecoin Core v0.10.4.0 released! This is an important update, all users, especially miners are advised to upgrade Litecoin Core v0.10.4.0 RC. Important update, please test thoroughly as this will likely be the actual release. Litecoin Core v0.10.2.2 released. This is a critical update, all users, especially miners MUST upgrade ASAP RT @SatoshiLite : Litecoin debit card!!! RT @SatoshiLite : I love the fact that @CNBCFastMoney is covering Bitcoin/Litecoin every day now. So much mainstream exposure. @novogratz p RT @coinyeezy : the family is getting some Litecoin this year for the holidays love the reactions when I try to explain what it is !! RT @SatoshiLite : Very exciting if true, but to be honest, I can't imagine they would do this anytime soon. RT @kickmofoass : Move over, bitcoin. Here comes litecoin - CNNMoney @SatoshiLite @LTCFoundation @LiteCoinNews RT @TheRealXinxi : Litecoins number of tweets per day just surpassed Ethereum. Continue reading >>

Litecoin News - Cointelegraph

Litecoin News - Cointelegraph

Litecoin is a cryptocurrency, which was created in 2011 as a lightweight alternative to Bitcoin; the two key differences between them are: - Litecoin's smaller time intervals between adding new blocks to its Blockchain, which is supposed to decrease transaction times; - Litecoin's mining is governed by the Scrypt algorithm, as opposed to Bitcoin's SHA 256. The purpose of this is to restrict ASIC miners and allow users to efficiently mine Litecoin on regular PC's; it was working as intended for some time until Scrypt ASICs were developed. Since its creation, Litecoin has been very popular, with an almost constant presence in the top 5 of cryptocurrencies by market capitalization (albeit never beating Bitcoin in that regard). Continue reading >>

No, 'litecoin Cash' Isn't Bitcoin Cash All Over Again

No, 'litecoin Cash' Isn't Bitcoin Cash All Over Again

No, 'Litecoin Cash' Isn't Bitcoin Cash All Over Again Feb 16, 2018 at 01:30 UTC|UpdatedFeb 17, 2018 at 10:01 UTC So tweeted litecoin creator Charlie Lee in response to the launch of litecoin cash, a cryptocurrency that's expected to spin off from his project, the fifth largest cryptocurrency by total value, next weekend, taking its code and transaction history with it. Always outspoken, Lee went on to call the project a "scam," warning users: "Don't fall for it." His harsh comments might come as a surprise since litecoin cash's developers admit they have no ties to the official litecoin project and don't particularly see it as a competitor. Much the same as other projects "forking" to create a new cryptocurrency, litecoin cash's developers claim they simply want to use an existing codebase to create a newer and better form of online exchange. Also, by changing litecoin's underlying mining algorithm to the one bitcoin uses, they argue litecoin cash will bring new life to old, abandoned mining equipment in a kind of strange recycling attempt. But while developers claim that's the motivation, users seem mostly interested in the "free" money. Already, an influx of buyers on more consumer-friendly exchanges is driving the price of litecoin to notable highs , in part because, due to the mechanics of the fork, any user who owns litecoin at the time of the fork will immediately have a portion of litecoin cash. Bolstering this view is the name "litecoin cash," an obvious reference to the successful fork bitcoin cash , the profitable project that sparked the wave of forks carrying into 2018. And litecoin cash's lead developer Tanner, who did not give his full name, admits the project named it as such to draw more attention. "Community engagement is the key to success for any coi Continue reading >>

Litecoin Explorer

Litecoin Explorer

Exchange rates are provided by 3rd party services and are not indicative of cryptocurrencies being backed by any commodity or other form of money or having any other tangible value at all. Trading is a high risk activity, consult you financial advisor before making any decision. We are NOT financial advisors, and this site does not give trading advices. 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 Cash Is Coming, But There's Some Controversy About Its Legitimacy

Litecoin Cash Is Coming, But There's Some Controversy About Its Legitimacy

Litecoin Cash Is Coming, But There's Some Controversy About Its Legitimacy Bitcoin has recived the lions share of cryptocurrency headlines in the past year, but a handful of popular altcoins have begun to get some major investor support as well. As of Tuesday morning, Litecoin was the sixth largest global cryptocurrency, with a market cap of more than $8.6 billion. The Litecoin Cash Foundation, which is unaffiliated with Litecoin, announced it will be conducting a hard fork in the Litecoin blockchain and creating a brand new cryptocurrency called Litecoin Cash. The Litecoin Cash hard fork will reportedly take place in the Litecoin blockchain at block 1371111. According to a press release from the Litecoin Cash Foundation, Litecoin holders will receive 10 Litecoin Cash for every Litecoin they hold at the time of the fork. A hard fork is a major change in the software of a particular currencies that results in the splitting of its blockchain. Litecoin Cash is designed to improve upon the block speed of the original Litecoin. Litecoin Cash is targeting a 2.5-minute block speed, faster than Litecoin and much faster than the 10-minute block speed of bitcoin and Bitcoin Cash . Litecoin Cash will also use a proof-of-work mining method that will allow it to be mined using older bitcon mining hardware that is no longer powerful enough to mine bitcoin. One of the unique design features of the original Litecoin was that it required less energy to mine than bitcoin. Litecoin Cash also claims it will reduce transaction fees by 90 percent compared to Litecoin. Strangely enough, there seems to be a bit of confusion about the legitimacy of Litecoin Cash . Just days before the fork was announced, Litecoin founder Charlie Lee tweeted that any fork in the Litecoin blockchain is a scam an Continue reading >>

Surging Litecoin Is Leading The Crypto Price Recovery

Surging Litecoin Is Leading The Crypto Price Recovery

Surging Litecoin Is Leading the Crypto Price Recovery Feb 15, 2018 at 13:15 UTC|UpdatedFeb 15, 2018 at 18:33 UTC The crypto market recovery is looking stronger by the day, and litecoin is leading the way. As of writing, the total market capitalization of all cryptocurrencies stands at $466 billion - its highest level since Feb. 2, and a 68 percent rise from the low of $276 billion seen on Feb. 6. The sharp recovery could be associated with chart factors (oversold conditions) and the U.S. Senate's cautiously optimistic response to calls for stricter regulations, or it couldindicate the markets have digested the negative news flow out of China and South Korea. Either way, with bitcoin now eyeing a break above $10,000 , the broad-based recovery could gain further traction. Amid the rebound, names like litecoin, ripple, and neo have put on a good show since Feb. 6. Litecoin (LTC), in particular, has had a stellar run in the last couple of days and is up 54 percent week-on-week. The cryptocurrency has appreciated by 112.27 percent from the Feb. 6 low of $106.94 and is leading the recovery in top 10 cryptocurrencies by market capitalization. The lure of making quick money on an upcoming hard fork seems to have boosted demand for LTC, although the legitimacy of the project is under question. As of writing, LTC is seen changing hands at $227, according to CoinMarketCap . Despite the impressive performance of late, LTC is reporting a 2 percent drop on a year-to-date basis. Meanwhile, Ripple's XRP token has strengthened 90 percent from the Feb. 6 low of $0.58 and now ranks second on the list of biggest gainers among the top 10. XRP was last seen trading at $1.12 - still down 51 percent from the Dec. 31 close of $2.30. Meanwhile, neo has appreciated by 86.50 percent from Feb. 6 l Continue reading >>

Litecoin - Open Source P2p Digital Currency

Litecoin - Open Source P2p Digital Currency

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. IRC FreeNode network channels #litecoin (for general users) and #litecoin-dev (for developers). 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 . 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 independent verification of binaries and their corresponding source code. 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. Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required t Continue reading >>

Report Claims Ltc Is Second Most Adopted Currency On Dark Marketplaces

Report Claims Ltc Is Second Most Adopted Currency On Dark Marketplaces

Report Claims Litecoin is the Second Most Adopted Currency on Dark Marketplaces A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms. Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds Dark Marketplaces Increase Altcoin Adoption The study , conducted by Recorded Future, involved the analysis of 150 leading dark web message boards, marketplaces, and illicit services in order to ascertain the scale of alternative cryptocurrency adoption on the part of criminal entities in response to rising bitcoin fees. Recorded Future states that The meteoric rise in popularity of bitcoin among household users, speculators, and institutional investors [] since mid-2017 placed an enormous load on the blockchain network, resulting in larger payment fees. Litecoin Is Second Most Dominant Dark Web Currency The study revealed Litecoin to be the second most dominant currency among dark marketplaces with LTC payment systems being implemented on 30% of the platforms analyzed in the study. Despite the Recorded Future claiming to have identified an increasing number of members of the cybercriminal underground expressing a growing dissatisfaction with bitcoin as a payment vehicle as early as mid-2016, 100% of the platforms had integrated BTC payment systems. Popularity of XMR Grows Among English-Speaking Dark Marketplaces The study revealed a significant growth in the popularity of XMR on English-speaking platforms not matched by their Eastern European counterparts. Among English-speaking platforms, Monero was found to be the second most popular means of payment with XMR payments being integrated onto 15 Continue reading >>

Fork Confusion Propels Litecoin To 1-month High Above $200

Fork Confusion Propels Litecoin To 1-month High Above $200

Fork Confusion Propels Litecoin to 1-Month High Above $200 Feb 14, 2018 at 14:15 UTC|UpdatedFeb 14, 2018 at 14:21 UTC Litecoin (LTC) is putting on a show today amid news a group of developers may seek to fork its blockchain, the fifth-largest by total value. The cryptocurrency was last seen changing hands at $216, a one-month high,according to data service CoinMarketCap . Overall, LTC has appreciated by 33 percent in the last 24 hours, up over 100 percent from the Feb. 6 low of $106.94. Further, with the move, litecoin's market capitalization has jumped above $10 billion for the first time since Jan. 29. Still, the reasons for the move may give investors pause. LTC appears to be edging higher due to news of an upcoming fork called "Litecoin Cash," which is promising new tokens to existing holders at block 1,371,111.For every 1 LTC held at block 1,371,111, holders will receive10 "LCC," according to the official website. However, there is a notable contingent that is warning about the new cryptocurrency. Litecoin foundercreator Charlie Lee and the litecoin community have dismissed the project, calling it a "scam" meant to confuse litecoin owners. Bitcoin similarly boomed on the release of a rival blockchain called bitcoin cash last year, though there were perhaps more stark differences between the two technologies, both propelled by competing ideologies. Closer analysis shows the LTC price increase has been bolstered by strong volumes from Coinbase's GDAX exchange, a sign less-savvy consumers may be active in the market. However, questions about the fork aside, technical charts indicate the news may be enough to extend a rally in the flagging market. The above chart (prices as per Coinbase) shows: LTC has breached the falling trendline resistance on the back of a sharp r 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? - Blockchain Council | Blockchain-council.org

What Is Litecoin? - Blockchain Council | Blockchain-council.org

Blockchain Council | Blockchain-council.org The year 2017 is all about digital economic revolution and when we are talking about it, then how can we miss to talk about cryptocurrencies. This virtual currency came into existence in 2009, and since then we have seen the upsurge of many other currencies. The first being Bitcoin followed by others including Litecoin. Despite being at a stage of infancy, cryptocurrencies have become a favorite way to raise funds and do the cross-border transactions . Here I will be highlighting on Litecoin which came into existence in the year 2011. Litecoin is a peer-to-peer cryptocurrency . Creation and transfer of Litecoin are based on open source cryptographic protocol and is not managed by the central authority. In simple words, it uses blockchain to maintain a public ledger . It is used to directly transfer the funds between business and individuals without the need of any intermediary like a bank or any payment processing service. Here is a brief overview of the stats of Litecoin- What Makes Litecoin different from other cryptocurrencies? Today, the market is flooded with many cryptocurrencies with many others on their way. Amidst all this, we have Litecoin which has garnered many eyeballs. Here are the three things that make Litecoin different Speed Well, the speed here refers to the speed of transactions . Developed on the same open source code as that of Bitcoin , Litecoin is a bit different from the other coins. Since Litecoin generates blocks four times faster than the Bitcoin , it can confirm the legitimacy of transactions better. Number of Coins Cryptocurrencies are known for their limited supply which means that once the coins come into existence, then you have only that number of coins in the market , it cant go over it at t Continue reading >>

How To Buy Litecoin - What You Need To Know About Buying Litecoin

How To Buy Litecoin - What You Need To Know About Buying Litecoin

People have often describedlitecoin as silver tobitcoin's gold. It is the thirdlargest cryptocurrency after bitcoin by market cap, with Ripple sitting in second place . Litecoin was developed as a bitcoinalternative to address some of that cryptocurrency'sperceived shortcomings. It was designed to be lightweight and more abundant than bitcoin. In addition, it uses scrypt as its proof-of-workalgorithm, which was aimed to make it impervious to ASIC mining, although several companies say they are planning to launch scrypt ASIC miners in the near future. A total of 84 million litecoins can be produced on the network (compared with 21 million BTC), which was designed to process blocks faster than bitcoin. If you would like to know a bit more about litecoin, then read this more detailedintroduction on how to get started . Some points of note before you buy litecoin: Litecoin became an increasing magnet for speculators after bitcoin's price surge in November 2013, but prices have since dropped in parallel. You can expect the two cryptocurrencies prices to largely move in the same direction, although litecoin's value is by far the lower of the two. Seasoned bitcoin investors should have no trouble adapting to litecoin, but novice investors may not find it as easy, as the infrastructure is less established than that of bitcoin. An alternative way of gaining litecoins is by mining them using standard computing equipment. Always do your own research before investing funds, and do not risk amountsyou cannot afford to lose. If you are aware of the risks, if youve done a lot of research and you are still willing to enter the litecoin market, there are a number of potential pitfalls and issues that need to be addressed. Cash for litecoins or bitcoins for litecoins? Buying litecoins i Continue reading >>

Litecoin Price Outperforms But Nears Key Resistance

Litecoin Price Outperforms But Nears Key Resistance

Litecoin Price Outperforms But Nears Key Resistance Feb 26, 2018 at 13:15 UTC|UpdatedFeb 26, 2018 at 13:33 UTC Litecoin (LTC) is the biggest gainer among the top 10 cryptocurrencies Monday, even as it's inching closer to a key resistance level. As of writing, LTC is changing hands at $228, as per data source CoinMarketCap . The world's fifth largest cryptocurrency has appreciated by 6.83 percent in the last 24 hours, a feat that's notable given other crypto market leaders were hardly ticking up earlier in the day. A look at the individual markets reveals the trading volume in LTC/USDT (the litecoin-tether exchange rate) and LTC/BTC (the litecoin - bitcoin exchange rate) have increased by 12.9 percent and 11.9 percent, respectively. So, it could be said that investors are using alternative cryptocurrencies and bitcoin to accumulate litecoin. The price rise could be also associated with litecoin Founder Charlie Lee's tweet asserting his belief the cryptocurrency could overtake bitcoin cash in market cap this year. Further, Litepay, which will allow merchants and businesses to accept LTC for their services and products, will be launched today, and that seems to have garnered lots of attention from investors. But while the positive news flow justifies the uptick in LTC, price chart analysis indicates the cryptocurrency is nearing stiff resistance zone of $230-$240. The above chart (prices as per Coinbase) shows the hard fork rally ran out of steam last week in the range of $230 to $240. Thus, a convincing break above $240 would signal a continuation of the rally from the Feb. 2 low of $110.20. However, it is easier said than done as the weekly chart shows indecision in the marketplace, despite the bullish doji reversal. As seen below, the last week's candle has a small bod Continue reading >>

Litecoin Cash Has Forked But It's Hardly Trading

Litecoin Cash Has Forked But It's Hardly Trading

Litecoin Cash Has Forked But It's Hardly Trading Feb 22, 2018 at 14:30 UTC|UpdatedFeb 23, 2018 at 03:27 UTC A plan to launch a new cryptocurrency by forking the litecoin blockchain went off without a technical hitch over the weekend, but at press time, the market isn't exactly embracing the new coin. Currently trading at just $5 on a little over $1 million in volume, litecoin cash ( LCC ) is valued at just 2 percent of the price of the official litecoin project, the world's fifth-largest cryptocurrency and one of the few to see nearly $1 billion in volume Thursday. The lackluster pricing follows what had beena notable start as far as the price action is concerned. LCC opened at around $1.40 and surged to $9.25 on Feb. 20, which amounts to a 560 percent rise, according to data service CoinCodex (one of the few to yet offer data on the project). Even litecoin benefited from the move, surging as investors sought to lock in holdings before litecoin cash cloned its blockchain and offered free coins to litecoin holders. However, despite this built-in audience, no major exchange has yet announced support for LCC. As of now, it is listed only on YoBit , while other exchanges mentioned by litecoin cash website , Mercatox exchange and Trade Satoshi exchange, have not yet formally integrated the cryptocurrency. It appears the team's naming choice has ended up being its biggest drawback. Litecoin creator Charlie Lee emerged as an early critic, with even litecoin cash developers admitting to CoinDesk the choice of name is meant to be a publicity lightning rod. (The use of "cash" recalls "bitcoin cash," a fork of bitcoin that came amidst a deep divide among users over the project's technical roadmap). As profiled by CoinDesk, Lee sought to accuse the cryptocurrency's team of willful Continue reading >>

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