Author Topic: What is Litecoin?  (Read 12042 times)

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Offline litecoinforum.orgTopic starter

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What is Litecoin?
« on: December 27, 2012, 10:27:23 PM »
What is Litecoin?

Litecoin is the result of some of us who joined together on IRC in an effort to create a real alternative currency similar to Bitcoin. We wanted to make a coin that is silver to Bitcoin's gold.

Litecoin manages to maintain the unique traits and attributes of Bitcoin, while adding to the mixture CPU-specific mining and a 2.5 minute block rate. This means that Litecoin doesn't have to compete for the used up computational cycles of your graphics card if you're already mining Bitcoins, but can work independently on your processor.

We'd like everyone to get their chance at being an "early adopter", so we've preannounced Litecoin several days ahead of launch day for you to be able to prepare your mining setup on our Testnet. There have also been no more than two blocks mined ahead of release; the genesis block followed by a block to verify it.

http://www.litecoin.org
Grab the source
Download Litecoin client

Offline rTech

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Re: What is Litecoin?
« Reply #1 on: December 30, 2012, 07:16:31 PM »
Update:
-LTC is mainly mined with GPUS (Reaper was first GPU miner, now even cgMiner supports LTC mining with GPU)
-CPU mining isnt profitable if you pay for electricity.
-LTC suffers cause BTC miners jump in to mine with their rigs when difficulty is low and leave LTC when it rises.
-These days biggest pools  gets DDOS time to time. Remember P2Ppools can secure LTC-network :D
« Last Edit: December 30, 2012, 07:22:06 PM by rTech »

P2Pool PPLNS LTC Mining Pool with
SMS Notifications and Graphic Interface.

YW

Offline goto2013

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Re: What is Litecoin?
« Reply #2 on: October 25, 2013, 11:35:50 PM »
hey


we have a german litecoin news site


check it out




http://www.ltcnews.info


greetz

Offline johnnywalker

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Re: What is Litecoin?
« Reply #3 on: November 27, 2013, 06:39:00 PM »
Litecoins are EXPLODING right now!

Offline roselee

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Re: What is Litecoin?
« Reply #4 on: December 08, 2013, 09:03:51 AM »
litecoin did a good step

now acepted at okpay
www.cryptonews.biz/okpay-adopted-ltc/




Offline john74

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Re: What is Litecoin?
« Reply #5 on: December 14, 2013, 03:23:02 AM »
I find https://litecointalk.org is more active...

 

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