What is LiteCoin?

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.



How To Purchase Litecoin?

0 comments Blogger 0 Facebook

Post a Comment

 
WeBitcoin: Beginner and How to Guide © 2016. All Rights Reserved.
Top