LightCoin is one of the most popular digital currency from time to time, and it was created by Google's former employee Charles Lee, it took the idea behind Bitcoin, but some important elements such as block time, such as 2.
Changed to 5 minutes and 10 minutes for bitcoin. Mine algorithms are different from Bitcoin because the first coin used to use lightcoin scraps, which is a mining algorithm which needs more than SHA256, thus creating a specific integrated circuits application for SICI is more difficult.
This difference may seem unexpected for a person who is not involved with the digital currency community, but in reality it is very important. Lightweight was developed to replace Bitcoin, and Bitcoin was expected to have silver for gold. To this far, this seems quite right. Litecoin has a hat of total coins 4 times that is Bitcoin, and is similar to silver vs. gold for the recent past that grab a price point. At present, 1 light quote is worth around 0. Price of 2557 bitcane or about 2.5 percent bitcoin. This 40: 1 ratio, which fits perfectly with the general range of 35-50: 1 for gold: silver proportion
Update: Since this article was written, the BTC ratio of CTC's LTC was significantly reduced. In addition to that, ASICs for scripts are now available, and are fast-moving in the states-indoor side.
I Have Created A Logo For Litecoin. Hope You Will Like it ☺.
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