The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Litecoin (abbreviation: LTC, currency symbol: Ł) is a peer-to-peer
peer) technology is an online currency that is also an open source software project under the MIT/X11 license. It can help users make instant payments to anyone in the world. Litecoin is inspired by Bitcoin (BTC) and technically shares the same implementation principles. Its creation and transfer are based on an open-source cryptographic protocol that is not managed by any central authority. As an attempt to improve some of the problems of Bitcoin, the LTC network can process one block every 2.5 minutes, and transaction confirmation is faster; at the same time, Litecoin uses the scrypt encryption algorithm in its proof-of-work algorithm.

 **LTC Litecoin Information Encyclopedia**

Chinese name Litecoin

English name Litecoin

English abbreviation LTC

Researcher Charls Lee

Core algorithm Scrypt

Block time 2.5 minutes

The total currency amount is 84 million, and the halving time is 4 years.

Current circulation 52,696,732

Release date 2011.11.9

 **ltc Litecoin official website:**

 **Litecoin Trading Platform:**

(After registration, enter the currency trading area to view)

(After registration, enter the trading center to view)

 **LTC Litecoin Outlook**

So far, Litecoin has successfully passed Segregated Verification (SW), and its Lightning Network test has also been successful. In the future, Litecoin will also launch smart contracts and anonymous transaction functions. The LTC network is expected to produce 84 million. According to the current output, it is 51110625?, and the next halving time will be approximately August 19, 2019.

Litecoin aims to improve Bitcoin and has three significant differences compared to it.

First, the Litecoin network can process a block every 2.5 minutes (instead of 10 minutes), thus providing faster transaction confirmations.

LTC Litecoin is based on the Bitcoin protocol, but it is different from Bitcoin in that even at this stage, it can be "mined" efficiently with consumer-grade hardware. Litecoin provides you with faster transaction confirmations (average 2.5 minutes), it uses hard memory and a mining proof-of-work algorithm based on scrypt (an encryption algorithm), and is suitable for ordinary computers and graphics processing units (GPUs) used by most people. ). The Litecoin network is expected to produce 84 million currency units.

Second, the Litecoin network is expected to produce 84 million Litecoins, which is four times the amount of currency issued by the Bitcoin network.

Third, Litecoin uses in its proof-of-work algorithm the algorithm developed by Colin
The scrypt encryption algorithm first proposed by Percival makes Litecoin mining easier on ordinary computers than Bitcoin. Each Litecoin is divided into 100,000,000 smaller units, defined by eight decimal places.

One of the design goals of Litecoin is to provide a mining algorithm that can be run simultaneously on the machines that mine Bitcoin. While application-specific integrated circuits (ASICs) designed for mining Bitcoin are gradually emerging, Litecoin is also following the technological evolution. But until Litecoin currency is widely used, it is unlikely that an application specific integrated circuit (ASIC) will be developed specifically for Litecoin.

 **ltc Litecoin Mining Pool**

Litecoin needs to be generated through "mining by miners". Mining is done by hashing through computer graphics cards. If the "explosion" value is calculated, the system will reward 50 Litecoins at one time. The current calculation of Litecoin The mining power is growing rapidly, and miners can no longer dig mines through several computers, so they need to join a mining pool. The mining pool gathers all the computing power of everyone, and it is estimated that the probability of calculating the "explosion" value is greater.

The more famous mining pools currently include: BTCC (formerly Bitcoin China) mining pool, waltc.net
F2POOL, WeMineLTC, Coinotron, SilverFish, LiteGuardian, LitecoinPool.org, etc. But currently the one with the highest income is F2POOL, which recently launched Litecoin theoretical income + mining pool subsidies
10% = your actual income, which has attracted the attention of many miners and the industry.