Differences and similarities between Bitcoin and Litecoin
There are some similarities between Bitcoin and Litecoin cryptocurrencies:
first of all, this is the fact that both coins do not have a control and regulation center, which means that both projects are completely decentralized;
all monetary transactions that are made on both platforms are anonymous;
all network transactions are irreversible;
the volume of emission of cryptocoins is known in advance and is limited in quantity;
mining of coins is based on the cyclical hashing mechanism.
Total number of coins
bitcoin - 21,000,000 BTC
litecoin - 84,000,000 LTC
Computation complexity recalculation
bitcoin - once every 10 minutes
litecoin - once every 3.5 days
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Permalink Reply by malen rin on
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