🪙 Litecoin: The Silver to Bitcoin's Gold
Litecoin $LTC is a decentralized cryptocurrency created by Charlie Lee in 2011, often referred to as the "digital silver" in comparison to Bitcoin's "gold." Its main goal is to provide a faster and more cost-effective alternative for daily transactions.
Technically, Litecoin is a fork of Bitcoin's code, but with some key modifications. It uses the Scrypt hashing algorithm instead of Bitcoin's SHA-256, allowing for more accessible mining. Additionally, its block time is only 2.5 minutes, four times faster than Bitcoin's, enabling quicker transaction confirmations. It has a maximum supply of 84 million LTC.
#BTCVSGOLD
#Litecoin
#NewRoland
Litecoin $LTC is a decentralized cryptocurrency created by Charlie Lee in 2011, often referred to as the "digital silver" in comparison to Bitcoin's "gold." Its main goal is to provide a faster and more cost-effective alternative for daily transactions.
Technically, Litecoin is a fork of Bitcoin's code, but with some key modifications. It uses the Scrypt hashing algorithm instead of Bitcoin's SHA-256, allowing for more accessible mining. Additionally, its block time is only 2.5 minutes, four times faster than Bitcoin's, enabling quicker transaction confirmations. It has a maximum supply of 84 million LTC.
#BTCVSGOLD
#Litecoin
#NewRoland
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LTC
78.53
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