It is a complement to bitcoin, which was created in October 2011 as a prototype of bitcoin.
The issuance limit is set at about 84 million units, four times that of bitcoin.
The maximum issuance limit is set at about 84 million units, four times that of bitcoin, and remittance fees are about one-twentieth that of bitcoin.
While the approval time has become shorter, the risk of hacking by malicious miners has increased.
The consensus algorithm is Pow, as in Bitcoin.
Litecoin uses a cryptographic technology called Scrypt and can be mined on a home PC.
Lightcoin uses an encryption technology called Scrypt, which can be mined on a home PC. z Atomic swap (a technology that allows users to securely complete transactions between different virtual currencies without going through an exchange).
Atomic swap is a system that allows users to trade directly between different virtual currencies without the need for a third party to act as an intermediary. There are no fees and transaction data is not provided to third parties, so privacy is protected.
As with bitcoin, the new issuance fee is halved every four years, so there is no inflation.
The Lightning Network is also used to realize small-amount payments with low fees.
The Lightning Network is a technology that temporarily stores small-amount payment records in a location other than the blockchain, and then records them together in the blockchain after a certain period of time.
The Lightning Network is a technology that temporarily stores a small amount of payment records in a location other than the blockchain, and then records them together in the blockchain after a certain period of time.
Official website : http://litecoin.org
Twitter : https://twitter.com/LitecoinProject