Beginner's Guide: Where to start & FAQ! : r/litecoin - Reddit
Litecoin is one of the largest, oldest, and most used cryptocurrencies in the world. Similar to Bitcoin, Litecoin uses blockchain technology to process transactions. So what's the difference? To process a block, Litecoin takes 2.5 minutes rather than Bitcoins 10 minutes. This allows for faster processing times.
Best Litecoin Posts - Reddit
Litecoin Cash (LCC) is a fork of Litecoin itself utilizing an SHA-256 hashing algorithm. While the initial goal was to focus on bringing back SHA-256, along the way we created "Hive Mining," an agent-based system allowing everyday users to participate in securing and hashing the network to earn real LCC rewards.
What is the future of Litecoin and should I get out?
Litecoin has been running for 10 years, with zero downtime, is on PayPal, accepted everywhere bitcoin is accepted and has a solid userbase. Despite many many cryptocurrencies competing for your attention with all the bells whistles and what not, sometimes you just need a coin that does it's job, is reliable and can be used with minimal fees.
Litecoin: Is it a good investment afterall? : r/CryptoCurrency - Reddit
May 4, 2023 · I'm convinced that a long smart contract short litecoin trade was heavy in 2021 and was successful in that the goal of such a trade during a bull market is to be short the underperformer. I'm also convinced the suits that undertook this trade were sold a lie, that not only would litecoin underperfom to the upside (something their shorts help ...
What is Litecoin (LTC)? A beginner’s guide : r/CryptoCurrency
Litecoin also has a Lightning Network, though demand is admittedly quite low compared to BTC LN. Low transaction fees are one of Litecoin’s greatest strengths. Litecoin is the first cryptocurrency that could ever boast of 100% network uptime for 10+ years.
Wallet Recommendations : r/litecoin - Reddit
Apr 11, 2024 · For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.
What’s everybody’s opinion on Litecoin? Is it worth buying in?
Litecoin is for usage. Agree, investment is not its strongest value-add. But, you are all forgetting daily use. Bitcoiners are not using Bitcoin daily. Its not for that. Its a long-term asset class. But for folks in Ukraine, Russia, Venezuela, Turkey....they live on Litecoin.
Litecoin - Reddit
Litecoin's third mining reward halving due in six months, a programmed code that will reduce rewards or LTC paid to miners for recording transactions on Litecoin's blockchain. LTC’s price pulled a divergence and registered gains during one of the most significant market downturns experienced so far this year.
Why are litecoin fees so low- honest question : r/litecoin - Reddit
Mar 24, 2021 · Fees are a multiple of the weight (in vbytes) of a transaction. Litecoin blocks are not 1MB maximum. They are 4 million weight units, or vbytes. Non-SegWit transactions have a weighting of 4 - 4 weight units per byte - to encourage SegWit. Bitcoin is the same The Litecoin minimum transaction relay fee rate is 1 Litoshi per vbyte.
Litecoin wallet that supports importing secret key : r/litecoin - Reddit
Jan 4, 2024 · For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.