Litecoin: A Beginners Guide To Litecoin, Cryptocurrency and Litecoin Mining

Litecoin, #1

Business & Finance, Finance & Investing, Banks & Banking, Nonfiction, Computers, Internet, Electronic Commerce, Investments & Securities
Cover of the book Litecoin: A Beginners Guide To Litecoin, Cryptocurrency and Litecoin Mining by Tim Mathis, Brendan Gallagher
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Author: Tim Mathis ISBN: 9781386600176
Publisher: Brendan Gallagher Publication: February 14, 2018
Imprint: Language: English
Author: Tim Mathis
ISBN: 9781386600176
Publisher: Brendan Gallagher
Publication: February 14, 2018
Imprint:
Language: English

Litecoin, often referred to as the little brother of bitcoin. Litecoin is a peer-to-peer cryptocurrency that has gained fairly widespread adoption since its inception in 2011. A form of digital money that utilizes a blockchain to easily maintain a public ledger of all transactions, litecoin is used to transfer funds directly between individuals or businesses without the need for an intermediary such as a bank or payment processing service.

Litecoin is based on the same open source code behind bitcoin, with some notable differences. Created by engineer Charlie Lee to be the silver to bitcoin's gold, one of the main disparities between the two cryptocurrencies lies in their transaction speeds.

Because it generates blocks about four times faster than bitcoin, litecoin can confirm the legitimacy of transactions a lot quicker as well as process a much higher number of them over the same time frame.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Litecoin, often referred to as the little brother of bitcoin. Litecoin is a peer-to-peer cryptocurrency that has gained fairly widespread adoption since its inception in 2011. A form of digital money that utilizes a blockchain to easily maintain a public ledger of all transactions, litecoin is used to transfer funds directly between individuals or businesses without the need for an intermediary such as a bank or payment processing service.

Litecoin is based on the same open source code behind bitcoin, with some notable differences. Created by engineer Charlie Lee to be the silver to bitcoin's gold, one of the main disparities between the two cryptocurrencies lies in their transaction speeds.

Because it generates blocks about four times faster than bitcoin, litecoin can confirm the legitimacy of transactions a lot quicker as well as process a much higher number of them over the same time frame.

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