What is Litecoin

Litecoin is a well-known cryptocurrency. When it was first released in 2011, its inventors hoped to build a creative, fair, and secure money that could serve as the "silver to Bitcoin's gold." Litecoin, like Bitcoin, employs the Proof of Work consensus process. Litecoin, on the other hand, has faster transactions and a greater currency generation rate than Bitcoin. Litecoin has the most comprehensive Scrypt-based blockchain in the world and is now one of the top twenty most valuable cryptocurrencies in terms of market value.

Kriptó Kifejezés