Cách Tạo Ví Litecoin

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Download Trust Wallet for Litecoin (LTC) The điện thoại ứng dụng works with several crypto tokens và blockchain wallets. With Trust Wallet, you are in control over your funds. Receive sầu, sover, store và exchange your cryptocurrency within the Mobile interface.

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What is Litecoin

Litecoin is a proof of work cryptocurrency created by Charlie Lee in 2011 to lớn be a “silver” compared to lớn the “gold” of Bitcoin. Designed for everyday use, Litecoin features an average blochồng time of 2.5 minutes, as opposed to Bitcoin"s 10, As a consequence, Litecoin has a maximum total supply that will cap out at 84 million as opposed lớn 21 million for Bitcoin.

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How Does Litecoin work & where can I get a Litecoin Wallet?

Litecoin is mined using the Scrypt algorithm, which is more memory intensive in comparison lớn Bitcoin"s SHA256. Furthermore, Scrypt requires a lower hashrate, which allows for Litecoin’s faster bloông xã times. In creating Litecoin, Charlie Lee didn’t try lớn reinvent the wheel. Drawing inspiration from Trust Wallet & other Trust Wallet successors, Lee crafted Litecoin to lớn stvà on the shoulders of Trust Wallet.Perhaps the first fork of Trust Wallet that is still alive sầu, Litecoin was designed lớn be complimentary, rather than antagonistic, khổng lồ Litecoin. The usage of Scrypt instead of SHA256 was the key difference, but Litecoin is still a blockchain secured by proof-of-work. In using a different algorithm that rewarded different computing resources - miners could choose khổng lồ mine both Litecoin & Trust Wallet, rather than stick with just one. Trust Wallet is more than just a Litecoin wallet, you can use Trust Wallet to replace your current Litecoin wallet by installing the Trust Wallet tiện ích today!

Litecoin Addresses

With the shorter block period, Litecoin is more functional for everyday payments, as a merchant doesn’t want khổng lồ wait 10 minutes lớn confirm whether or not they have received their payment. The reduction in hashrate intensity originally gave Litecoin an opportunity to lớn be mined by individuals with less computing power. Today, however, companies và teams have sầu created ASICs for Litecoin, albeit at a higher cost than creating ASICs for Bitcoin.

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Additional Developments

Rather than just a simple fork, Litecoin also works to lớn adopt developments and additions inspired from discussions surrounding the Bitcoin network, và has actually adopted several key features such as Segregated Witness (SegWit) và the Lightning Network.

Features

Proof-of-work with 2.5 minute bloông xã periods.Mined using the Scrypt algorithm.One of the oldest blockchains