|Block Reward||50 LTC|
|Block Time||2.5 Minutes|
|Coin Cap||82 Million|
|Diff Adjustment||2016 Blocks|
|Release Date||October 7, 2011|
Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units.
Current Value (BTC-e)
- Check the listings in our Crypto-Directory
- Full list here: http://litecoin.info/Service_Directory#Gambling
- A Bit Back: Earn Litecoin by watching videos, surveys, trials, offers, even for listening to Internet Radio.
Full list of pools here: http://litecoin.info/Mining_Pool_Comparison#Public_Pools