uncleflo
Registered since September 28th, 2017
Has a total of 4246 bookmarks.
Showing top Tags within 1 bookmarks
howto information development guide reference administration design website software solution service product online business uk tool company linux code server system application web list video marine create data experience description tutorial explanation technology build blog article learn world project boat download windows security lookup free performance javascript technical network control beautiful support london tools course file research purchase library programming image youtube example php construction html opensource quality install community computer profile feature power browser music platform mobile work user process database share manage hardware professional buy industry internet dance advice installation developer 3d search access customer material travel camera test standard review documentation css money engineering develop webdesign engine device photography digital api speed source management program phone discussion question event client story simple water marketing app content yacht setup package fast idea interface account communication cheap compare script study market live easy google resource operation startup monitor training
Tag selected: lop.
Looking up lop tag. Showing 1 results. Clear
What is Litecoin?
Saved by uncleflo on May 10th, 2013.
Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units. One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisfy these goals. It is unlikely for ASIC mining to be developed for Litecoin until the currency is widely used.
computer information protocol lop payment transaction explanation cpu consumer litecoin peer-to-peer network currency algorithm t develop efficiency scrypt asic
No further bookmarks found.