by Juan Pablo Carneado | Jul 8, 2020 | Litecoin, polispay school
Litecoin (LTC) is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open-source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and...
by Juan Pablo Carneado | Jul 8, 2020 | Litecoin, polispay school
Litecoin was initially conceived to complement Bitcoin; Litecoin’s developers have long stated that they intended to create the “silver” to Bitcoin’s “gold.” Like Bitcoin, Litecoin is a decentralized digital currency that uses the...
by Juan Pablo Carneado | Jul 8, 2020 | Litecoin, polispay school
Proof-of-work Litecoin is continuously compared with Bitcoin, and while both have some technical differences between the two share some similarities. For instance, both of them use proof-of-work as a consensus mechanism. Proof-of-work is used to determine how the...
by Juan Pablo Carneado | Jul 8, 2020 | Litecoin, polispay school
Since it was created, Litecoin has been amongst the top-ranked cryptocurrencies. It has always been related to Bitcoin; it’s often called the “silver” to Bitcoin’s “gold”. It has also received support from merchants for its faster...
by Juan Pablo Carneado | Jul 8, 2020 | Litecoin, polispay school
How do I keep my coins safe? This is perhaps one of the most common questions surrounding cryptocurrencies. Many new Litecoin holders may have this question after buying their first coins or the ones who have decided to start mining and want to secure their rewards....
