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What makes litecoin special

what makes litecoin special

that a transaction is instant, it is just confirmed by the network as it propagates. At the time of writing, Litecoin has the highest market cap of any mined cryptocurrency, after bitcoin. Even Bitcoins own.

History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. The Lightning Network is a solution to the scaling problem of cryptocurrencies. Litecoin also uses bitcoin kaufen erfahrungen proof-of-work (PoW but the algorithm is programmed differently. Just like Litecoin, they bring only a few changes in contrast to Bitcoin. Current block reward 25 BTC 50 LTC, block explorer fo m, created by, satoshi Nakamoto, charles Lee. Against Bitcoin in general, Litecoin will not prevail, even if it introduces technologies earlier than Bitcoin. Asic Mining For miners and enthusiasts though, litecoin holds a much more important difference to bitcoin, and that is its different proof of work algorithm. For example, SegWit was activated in May 2017 on Litecoin.

Best online litecoin wallet, Harving litecoin,