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Recent Payouts

DateAddressReward
05.03.2021-11:56:24
19jizz9DwBK7Jwcd4UjxHEvTqh6nujCUdr250 LTC
05.03.2021-11:55:41
1GoHt9qfQDgvzfoyHS2Ew2zwGQSZ28aUhe250 LTC
05.03.2021-11:55:23
1JT5KJG5QWj8tge7w5KhjodFmE61YqhzCg250 LTC
05.03.2021-11:55:12
19pjATU2CnByuszqkqGqhNUUBqyLaF8TQZ300 LTC
05.03.2021-11:54:49
17jATQdk7XzvovHz2goCoSGfLdm9cWzcg250 LTC
05.03.2021-11:54:48
15VDkrJ4SjnRXmc66LnATknk6HUSH6jPrv250 LTC
05.03.2021-11:54:41
1NgR21cM8u12PYkapMZXHV7kqKK9KC3JCs250 LTC
05.03.2021-11:53:55
MH1cefqAHDwzppjeuihHiDYu6n9Ee8QoAY300 LTC
05.03.2021-11:53:43
1Lhx3TZUyoQEyJwaGXC9YyX12PoNAsfBoY250 LTC
05.03.2021-11:53:35
1JSXaF9eN3NUPV6NWxbtMW9AAR6pLX8xMV250 LTC







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