Litecoin P2P Digital Currency

“Litecoin is the digital currency for payments that enables instant, near-zero cost payments to anyone in the world.” – Litecoin.org

Litecoin (LTC) is a cryptocurrency that is an alternative to traditional forms of payment like cash, credit cards or checks. The technology makes it possible to transfer Litecoins in a matter of minutes without the use of third parties.

Litecoin is developed by Charlie Lee and was launched in October 2011. The amount of Litecoins is fixed, there will only ever be 84 million Litecoins. The network is open source and is fully decentralized without central authority. The network is secured by using mathematical encryption. Thereby empowering the users to have full control over their finances.

Compared to Bitcoin the features of Litecoin are: faster transaction confirmation time and improved storage efficiency. Next to these technical features, Litecoin has substantial industry support, trade volume and liquidity.

Litecoin is proven to be the medium of commerce.

Litecoin is a excellent coin for online gambling. One of the reasons for that is their similar technology. However, there are some differences between the coins as well. Litecoin has an advantage over Bitcoin, namely that the transactions of the Litecoin network take place much cheaper and faster. This is why more and more people choose to use Litecoin in a online casino just like anonuymous or Betcoin. This is the reason why Litecoin casinos have gained a lot of popularity recently. Gamblers who use Litecoin really like the fact that you don’t have to wait for a long time before a transaction is made.

News / 20 June 2019

Excitement about Litecoin halving: will the value of the coin rise?

The upcoming halving of cryptocurrency Litecoin is good news for miners. Experts and crypto enthusiasts expect that the value of the coin will rise significantly because of it. Which possible factors will probably influence the value of Litecoin because of the halving? The rising value of Litecoin Bitcoin is the oldest and largest cryptocurrency, followed by Ethereum, Ripple, Litecoin and Bitcoin Cash. Based on market capitalization …

News / 5 September 2018

Litecoin Summit to be held in 2018

Litecoin investors have reacted with enthusiasm to the news that the Litecoin Foundation will held a summit in 2018. Everyone who has some Litecoin, whether it’s ten or a thousand, will come together to discuss the future of this cryptocurrency. What can we expect from the Litecoin 2018 Summit? As much support as possible Summit 2018 The Litecoin Foundation hopes that a lot, business, merchants and other bodies that are involved in Litecoin …

News / 23 May 2018

Use Litecoin, Bitcoin Cash and Dogecoin to gamble at mBit Casino

Cryptocurrencies become more mainstream every day. Nowadays everyone has heard of Bitcoin and popular altcoins like Ethereum, Litcoin, Ripple and NEO. Cryptocurrencies are now supported by online casinos as well. One of the frontrunners is mBit Casino. It just announced that will support three new cryptocurrencies besides Bitcoin. These are Bitcoin Cash, Litecoin and Dogecoin. Especially the fact that Dogecoin is supported makes it special, …

Litecoin P2P Digital Currency

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