In at present’s video, we’ll dive into the world of Litecoin and be taught all the things you want to find out about this in style cryptocurrency. From its origins to its present state, and why it is thought of a high participant within the crypto market.
Litecoin was created in 2011 by Charlie Lee, a former Google engineer. It was designed as a quicker and cheaper various to Bitcoin. Litecoin makes use of a unique mining algorithm than Bitcoin, which makes it simpler to mine and quicker to course of transactions.
Litecoin works on a decentralized community, which means it operates independently of a government. Transactions are verified and processed by way of a community of computer systems, moderately than a central server. This makes it a safer and clear type of forex.
you possibly can go to the video to be taught extra about LITECOIN.