Charles lee litecoin wiki - Harga koin ethereum di indonesia hari ini

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The Litecoin Project was conceived and created by Charles Lee with support of members in the Bitcoin community. It was pre-announced and was launched on October 13th, Based on Bitcoin's peer-to-peer protocol, Litecoin brings a number of features viewed by its development team as charles lee litecoin wiki over Bitcoin's implementation. The main feature is use of scrypt as charles lee litecoin wiki proof-of-work algorithm. A proof-of-work algorithm creates a computational challenge to be solved by the network of computers in order to "certify" a "block" of transactions.

While ASICs can be adopted for any purpose and are likely to be introduced for Litecoin, the use of scrypt should delay this change, and preserve the decentralization in mining that brings a decentralized currency so much of its value and resiliency. The second important feature is a reduced transaction confirmation time targeted at 2. Bitcoin confirms transactions every 10 minutes on average and reasonable security measures mean waiting one to two hours is often recommended. Other Bitcoin parameters have remained unchanged, such as the number of blocks between difficulty changes, and the number of years between block reward halving events.

This means Litecoin has a difficulty change about every 3. This math-based currency is seeing increase in its adoption. This news ignited a lot of speculation over Charles lee litecoin wiki, and ultimately led to a substantial rise in value. The exchange rate at that time was highly volatile, trading between 2. The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in charles lee litecoin wiki.

Retrieved from " https: Navigation menu Personal tools Log in Request account. Views Read View source View history. This page was last edited on 12 Februaryat Content is available under Creative Commons Attribution unless otherwise noted. Privacy policy About Litecoin Wiki Disclaimers.

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Litecoin was released via an open-source client on GitHub on October 7, by Charlie Lee, a former Google employee. In May , Litecoin became the first of the top 5 by market cap cryptocurrencies to adopt Segregated Witness. In February , the European online retailer Alza. From Wikipedia, the free encyclopedia. Litecoin Official Litecoin logo. Archived from the original on Retrieved 24 April Litecoin surpasses billion dollar market capitalization".

Retrieved 12 May A guide to some other cryptocurrencies". A decentralized ledger of shared computational resources" PDF. These hash functions can be tuned to require rapid access a very large memory space, making them particularly hard to optimize to specialized massively parallel hardware. Ethereum Ethereum Classic KodakCoin.

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Retrieved from " https: Views Read Edit View history. In other projects Wikimedia Commons. This page was last edited on 7 May , at By using this site, you agree to the Terms of Use and Privacy Policy. Wikimedia Commons has media related to Litecoin.