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Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. [4] [5] In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
Litecoin: Oct 8, 2011 Charlie Lee LTC PoW: Yes (scripts) Yes [1] [3] Peercoin: Aug 19, 2012 PPC PoW: Yes (scripts) No [1] [4] Primecoin: Jul 7, 2013 Sunny King XPM PoW: Work is finding long Cunningham chains of prime numbers: MazaCoin: 2014? Payu Harris, AnonymousPirate [5] MAZA Initially created for the Oglala Lakota Tribe, [5] but never quite ...
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Jeffrey Goedde, 41, handed himself into the Jefferson County Sheriff’s Office on Wednesday, Dec. 18, according to court documents seen by PEOPLE
It was first implemented for Tenebrix (released in September 2011) and served as the basis for Litecoin and Dogecoin, which also adopted its scrypt algorithm. [ 7 ] [ 8 ] Mining of cryptocurrencies that use scrypt is often performed on graphics processing units ( GPUs ) since GPUs tend to have significantly more processing power (for some ...
Three years after the original suspect in a nearly 40-year-old double murder was exonerated based on DNA evidence and freed from prison after 20 years, a Georgia man has been arrested and charged ...