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#Litecoin News




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Litecoin is one of the first alternative coins in the market that appeared in the web in 2011. It is often titled a silver cryptocurrency as it was designed based on the source code of the BTC and it is operated through the same code and subordinates to the same laws as the predecessor. The most characteristic features of the item are the speed and simplicity in operations. Litecoin wallet can be easily created at an abundance of services so that any person could find the most convenient solutions. Additionally, the creators injected the possibility to conduct inter cryptocurrency operations for a greater usability. Due to the increase in the number of services which accept the litecoin the rate of capitalization is slowly growing, winning more users worldwide. The Litecoin mining is rather effective as users gain 25 LTC per finished block and an overall reward sum for successful operation is reduced by 2 times within every 840000 blocks. Right now, the reward is about 6 LTC per block and that is still a decent reward. The latest litecoin review shows that this currency will remain actual for a long period of time due to an increased stability level. Here is the latest news regarding the status of the emoney in the market and its peculiarities to expand the knowledge regarding the functional array of the subject.

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Latest News

Bloomberg: rise of Bitcoin price as result of algorithmic trading

The recent price increase on the cryptocurrency market may be related to algorithmic trade says Bloomberg. Special software (robots) is used for algo...

  6 months ago

Ripple (XRP) may Become the Official Cryptocurrency of of the Tokyo Olympics 2020

The petition to make Ripple (XRP) the official cryptocurrency of the next Summer Olympics already raised 9600 votes. Ken Takahashi, the author of t...

  1 year ago

Cryptocurrency Startup Eidoo Announced Stablecoin Tied to Gold

We wrote about the STASIS EURS stablecoin tied to Euro a few days ago. Another startup - Swiss Eidoo announced its own stablecoin - Ekon, tied to gol...

  1 year ago

Forbes: Big Investors Believe in Crypto Industry

Despite the significant drop of the cryptocurrency market this year, institutional investors believe that digital currencies are here to stay. Some tr...

  1 year ago

Bitcoin Price Already Hit the Bottom?

Galaxy Digital CEO Mike Novogratz expressed an opinion that Bitcoin price already hit the bottom. He makes reference to Bloomberg's Galaxy Crypto Ind...

  1 year ago