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    Litecoin Litecoin Core v0.16.3 Release – Litecoin Project

    September 20, 2018

    Litecoin Litecoin Core v0.16.3 Release – Litecoin Project

    Litecoin Core v0.16.3 Release – Litecoin Project

    Posted: 19 Sep 2018 04:48 PM PDT

    Beginner's Guide: Where to start & FAQ!

    Posted: 26 Aug 2018 07:07 PM PDT

    New Flair Rule

    We've been overwhelmed with newcomer posts. In light of this, we created a bot that will PM people without flairs various pertinent information to read through when they post. In order to stop receiving these, simply add a flair to your name. Thanks!

    Welcome to /r/Litecoin!

    (Re-post of u/Sparkswont cuz it was archived)

    Whether you're new to cryptocurrency and have no clue what a 'litecoin' is, or a seasoned investor in cryptocurrencies, the resources below will answer all your questions. If you still have questions, feel free to ask below in the comments!

     

    What is Litecoin?

    Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Litecoin is one of the largest, oldest, and most used cryptocurrencies in the world. Similar to Bitcoin, Litecoin uses blockchain technology to process transactions.

    So what's the difference? To process a block, Litecoin takes 2.5 minutes rather than Bitcoins 10 minutes. This allows for faster processing times. Litecoin also has the capability to produce a total of 84 million units, compared to Bitcoins 21 million. In addition, Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.

    Still confused? Take a look at this video!

     

    Where can I buy Litecoin?

    There are many websites and applications where you can buy and sell Litecoin, but make sure the exchange you are using is trusted and secure. Here are some exchanges that are trusted in the cryptocurrency community:

    Exchange
    Coinbase USD/Euro/GBP
    Quadrigacx CAD
    Bithump KRW
    OKCoin Euro/Yen/USD
    OKex CNY
    Btcmarkets.net AUD
    Bitso MXN
    Zebpay INR

     

    Where can I securely store Litecoin?

    Litecoin (and other cryptocurrencies) is stored in a digital wallet. When storing Litecoin, you want to make sure you trust the place you store them. This is why it is best to store them yourself through the electrum wallet. It is highly suggested to not store your Litecoin in an exchange (such as Coinbase, Poloniex, Bittrex, etc.) because you don't control the private keys. If the exchange ever goes offline, or becomes insolvent, your Litecoin essentially disappear.

    Some other options are:

    Wallet
    Electrum Lightweight Wallet
    Official Core Wallet
    LiteVault Secure Web Wallet
    Paper Wallet Instructions

     

    If you're a fan of mobile devices, then Loafwallet is the wallet for you. Developed by a Litecoin Foundation Dev, /u/losh11, this mobile wallet works great! And remember to always make sure to write down your seedkeys.

     

    Hardware wallets are another great option, in fact, they are said to be the most secure way to store cryptocurrencies. Below is a list of the litecoin flexible hardware wallets.

    Wallet
    Ledger
    Trezor
    Keepkey

     

    Where can I spend Litecoin?

    Litecoin is in the top ten of all cryptocurrencies by market capitalization. Websites are rapidly adopting Litecoin as a method of payment as well. If you yourself want to accept LTC as a business, you can refer to these merchant manuals. Alternatively, if you would like to explore websites that accept Litecoin, head over to /r/AcceptingLTC.

    Here are also several of our favorite merchants accepting Litecoin.

     

    Where can I discuss Litecoin?

    The Litecoin community is extremely kind and robust. There are many forums and places where you can discuss Litecoin with others who are interested in the currency. Here are the main ones:

    Platform
    Reddit
    Litecoin Markets Subreddit
    Discord
    Official Forum
    IRC

     

    Additional Resources and Help

    If you have more questions, or are genuinely interested in learning more about Litecoin then be sure to read this series. If you have a specific question that you can't seem to find the answer too, ask below and someone will help you out!

    submitted by /u/ecurrencyhodler
    [link] [comments]

    Charlie Lee clears up all Litecoin FUD

    Posted: 19 Sep 2018 11:05 PM PDT

    A Local butcher shop in my little city in Venezuela started taking payments in crypto to combat Inflation, they even give you discounts for paying in crypto!

    Posted: 20 Sep 2018 06:47 AM PDT

    @bitnovo: We have now included $LTC #Litecoin with our Bitcard! Start recharging our card with Litecoin!

    Posted: 20 Sep 2018 09:14 AM PDT

    @DenariumBitcoin: Come on Phoenix! Celebrate Litecoin with this official Litecoin Phoenix Den Hat! Thanks @Excellion! Availble on:

    Posted: 20 Sep 2018 08:09 AM PDT

    Unicef France now raises cryptocurrency donations

    Posted: 20 Sep 2018 12:31 PM PDT

    HOW THE HTC EXODUS BLOCKCHAIN PHONE PLANS TO SECURE YOUR CRYPTOCURRENCY

    Posted: 19 Sep 2018 09:30 PM PDT

    In the last year...

    Posted: 19 Sep 2018 05:32 PM PDT

    We've all made about 10 bucks on each litecoin.

    I guess that's something...

    submitted by /u/murps87
    [link] [comments]

    Question for LTC Foundation

    Posted: 19 Sep 2018 10:48 AM PDT

    IMO This place has been a disaster for almost a year now (Reddit). Everything went downhill after that dude ate all that mayo. Anyhow, is the LTC Foundation doing anything in Venezuela to promote LTC? This is a huge opportunity to serve lots of people. Everything I see about it is BTC BTC BTC. BTC proved itself in Cyprus and these events may keep coming up. The developing world too but Venezuela could be ground zero for future. I know Charlie keeps saying (and rightfully so) that all of us have to do what we can for LTC but this could be a huge missed opportunity. I know it's easier said then done and if I could go I would. I'd be more then happy to donate for this cause.

    Also I think the foundation is doing some great things and I'm not trying to say there doing nothing, but this seems like an extraordinary opportunity to further LTC adoption.

    submitted by /u/commodus13
    [link] [comments]

    What do we do with Litecoin?

    Posted: 19 Sep 2018 06:08 PM PDT

    Clearly, being a testnet for Bitcoin is not a value proposition. The good thing is, we got somewhat of a network, are on Conbase and can go on from there. How a about adding privacy features to our coin e.g.?

    submitted by /u/Monsterbeast2
    [link] [comments]
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