RE: LeoThread 2025-01-04 00:42
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Litecoin emerged as a lighter version of Bitcoin, crafted by individuals who came together on IRC with the aim of creating a genuine alternative cryptocurrency. The goal was to develop a coin that would serve as silver to Bitcoin's gold,
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incorporating the best innovations from both Bitcoin and other currencies while avoiding their issues.
Incorporating Scrypt for mining, Litecoin allows users to mine both Litecoin and Bitcoin simultaneously. The design emphasizes fast transaction times, with a block time significantly quicker than Bitcoin's.
A big thank you to @SatoshiLite!