Payments

Litecoin

A faster-block, Scrypt-mined sibling of Bitcoin.

One of the oldest cryptocurrencies, launched in 2011 as a fork of Bitcoin's code. It uses Scrypt proof of work, 2.5-minute blocks and an 84 million coin supply, adopted SegWit and Lightning early, and adds opt-in privacy through MimbleWimble Extension Blocks (MWEB).

Type: Payments
Maintained by: Litecoin Foundation & Litecoin Core contributors
License: MIT
Articles: 1

LitecoinBeginner

How is Litecoin different from Bitcoin?

Litecoin is Bitcoin's code with Scrypt proof of work, 2.5-minute blocks and an 84M supply, plus opt-in MWEB privacy and its own address prefixes (L, M, ltc1). Confirmations, fees and libraries need small adjustments.

#basics#mining#privacy

JumpStart Blockchain · Sep 29, 20266 min