Phira Phonruewiangphing
Overview
Litecoin (LTC-USD) was created in 2011. It is actually a Bitcoin (BTC-USD) fork, which means its fundamentals are very similar to those of Bitcoin. Like Bitcoin, Litecoin has a limited supply, and mining rewards halved roughly every 4 years.
The key difference between these two cryptocurrencies is that Litecoin was created to transact faster and more cheaply. This is achieved through faster block production, Segregated Witness, (SegWit), and also by enabling…
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