Difference between revisions of "Litecoin"

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(See also: Litecoin ASIC mining hardware due to ship in 2014)
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== See also ==
 
== See also ==
 
*[https://bitcointalk.org/index.php?topic=171797.0;all Is MtGox going to be accepting LTC?] ''- thread on BitcoinTalk''
 
*[https://bitcointalk.org/index.php?topic=171797.0;all Is MtGox going to be accepting LTC?] ''- thread on BitcoinTalk''
*http://zerolimits.bz/litecoin-asic-mining-hardware-due-to-ship-in-2014/?goback=.gde_5190684_member_5822061576571625472#! Litecoin ASIC mining hardware due to ship in 2014]
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*[http://zerolimits.bz/litecoin-asic-mining-hardware-due-to-ship-in-2014/?goback=.gde_5190684_member_5822061576571625472#! Litecoin ASIC mining hardware due to ship in 2014]
 
*[[Bitcoin]]
 
*[[Bitcoin]]
 
*[[Namecoin]]
 
*[[Namecoin]]

Revision as of 15:08, 27 December 2013

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware. Litecoin provides faster confirmations (targeted at every 2.5 minutes on average) and uses memory-hard, scrypt-based mining to target the CPUs and GPUs most people already have. The Litecoin network is scheduled to produce four times as many currency units as Bitcoin.

One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisify these goals. It is unlikely for FPGA or ASIC mining to take over Litecoin until the currency is widely used.

Exchanges

  • BTC-E - Russian exchange that deals in all the types of digital coins

Litecoin & Bitcoin are like Silver & Gold

Litecoin & Bitcoin.jpg

See also