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Recent Payouts

DateAddressReward
08.12.2021-17:49:17
16b84scn7YYaPwozdMEcZuMzMcAHbnugX1150 LTC
08.12.2021-17:48:56
15VoHNur3U8ke48rch5jFstErk8PpPb51z150 LTC
08.12.2021-17:46:51
1D6dJLamKo4rMnk2oV61nYFkXP8BY51rfL150 LTC
08.12.2021-17:46:31
1MevkNPtT7DaHR9h491bKRggdnQnh4Xpyi150 LTC
08.12.2021-17:45:36
1Nb7mmTBCEBkGCExVTSgV2mwsjKixnkc4Y150 LTC
08.12.2021-17:45:34
1JyJgUogUETE51HYmYCtLYbDCUgYKRWXzU150 LTC
08.12.2021-17:44:48
1BzZDTAxKoWfiHs4snwSAxmMop6vaQAZqr150 LTC
08.12.2021-17:43:35
1Ln2JFfrFMFc5trNoCmNfYaDmDsJWtLBnL150 LTC
08.12.2021-17:43:33
1CCkTDnjsoxfdnQfriw865FBn8RUCptoJK150 LTC
08.12.2021-17:39:05
1HYRptdqN1ZfAALE9gtjijE1Uxaig1GN8d150 LTC







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What is Litecoin?


Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, litecoin is nearly identical to Bitcoin.



Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase. The Litecoin network went live on October 13, 2011. It was a source code fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.



Due to Litecoins use of the scrypt algorithm, FPGA and ASIC devices made for mining Litecoin are more complicated to create and more expensive to produce than they are for Bitcoin, which uses SHA-256.

Source: en.wikipedia.org



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