Litecoin was developed as a bitcoin alternative to address some of that cryptocurrency's perceived shortcomings. It was designed to be ‘lightweight’ and more abundant than bitcoin. In addition, it uses scrypt as its proof-of-work algorithm, which was aimed to make it impervious to ASIC mining, although several companies say they are planning to launch scrypt ASIC miners in the near future.
0 comments Blogger 0 Facebook
Post a Comment