Charlie Lee spoke about the tons of Litecoin news ranging from, “Tons of great Litecoin news recently. Litecoin Visa card, Grayscale Litecoin Trust (LTCN), Privacy/fungibility with MimbleWimble Testnet soon, Hashrate up 50% this year, transactions up 100% this year, Total addresses up 400% since Aug 2017, and $500M sent per day.”
Litecoin Foundation tweeted: “It seems the rumors of my death have been greatly exaggerated.”
It is well known that Litecoin differs from the bitcoin algorithm in terms of the hashing algorithm used. Litecoin uses the memory intensive script called the Proof of Work mining algorithm. The script allows consumer grade GPUs to mine those coins, prioritizing speeds, where Litecoin features faster transactions and confirmation times and improved storage efficiency.
As an open source project, Litecoin is a commerce centric digital asset that aims to be the ideal payment method for merchants and spenders offering instant transaction confirmations and secure storage. Litecoin is supported by blockcard. You can use it to find your blockcard account and for whatever fees is accepted. You can register for Blockcard account for free and get Blockcard.
Litecoin is empowering billions of dollars’ worth in trade all over the world every day. Decentralized commerce is empowering customers and businesses from all levels to transact without any kind of intermediaries therefore it is possible for them to facilitate lower fees and quicker transfer times and all of this while being secured by the multi-billion dollar network of Litecoin.
In this regard, Sydney Ifergan, the crypto expert tweeted: “Litecoin (LTC) is getting accelerated with integration of Litecoin at the point of sale, payment gateways, and in fulfilling banking needs.”
Litecoin which is purchased by individualsis stored in the digital wallet in a specialist hardware device or the online crypto bank. LTC will be able to manage, store and send fractions of the coin to anyone else with a wallet no matter where they are or what time it is. The good thing is that the Litecoin network never sleeps.
Litecoin wallets are available as a hardware, in mobile, in web, for the desktop and Lightning. Litecoin can be bought from exchanges, over the counter (OTC), and the ATM/P2P. Users can spend Litecoin with Debit Cards and Direct.
The finite supply of Litecoin has made several users call it silver considering Bitcoin being compared to Gold. LTC is found is almost every major exchange and it is very much alive.
Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9
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