NASCAR's Landon Cassil has signed a partnership deal that will make him the first auto racer to receive crypto salary.
Litecoin is a popular cryptocurrency that was created by a former Google employee Charlie Lee. It was released through an open-source client on GitHub, and the network went live back on October 13th, 2011.
It has some similarities with Bitcoin, and crypto enthusiasts commonly refer to it as the “silver to Bitcoin’s gold.” Similarly to BTC, Litecoin is also capped and there will be no more than 84 million of it to be ever mined.
By design, Litecoin’s network is also decentralized, and it shares a lot of the benefits with the world’s leading cryptocurrency. It’s censorship-resistant, meaning that anyone with access to the internet can obtain it. It’s also decentralized which suggests that there is no central point of authority.
Litecoins are also mined, but unlike the Bitcoin network that uses the SHA-256 Proof-of-Work algorithm, it uses one called Scrypt. They are different in quite a few things, such as the block size, the time needed to add a new block to the network, the rewards for miners, and so forth. Similarly to Bitcoin, though, the Litecoin network also goes through halvings. Whenever 840,000 new blocks have been added to the blockchain, the reward that miners receive for their work is slashed in half.
Recent Litecoin News
Mark Yusko forecasted a price tag of $250,000 for Bitcoin within the next five years and called Dogecoin ''useless.''
An unknown buyer used Litecoin to pay for a football card of the legendary quarterback Tom Brady worth $1.68M.
CoinShares continues with its product expansion by releasing a physically-backed Litecoin ETP on Switzerland's SIX Exchange.
Just before its direct listing, Coinbase makes the headlines again after the CFTC found it responsible for a 3-year-long wash
Litecoin has become the fourth-largest cryptocurrency by market cap following XRP's most recent bloodbath.
This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new
Darknet market venues and the number of cryptocurrency transfers have decreased in 2020, but the revenue has reached an ATH
November 2020 is coming to an end which means massive Black Friday deals, including substantial discounts within the cryptocurrency field.
PayPal is trying to make Bitcoin easy to understand but Crypto Twitter went berzerk after finding its definitions for BTC