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Tag selected: scrypt.
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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
Saved by uncleflo on May 10th, 2013.
A simple GUI for the scrypt-based cpuminer written in C++ using Qt. To use, copy the minerd executable to the same directory as the GUI itself, alongside with any needed libraries. After that, just run the GUI executable.
miner gui repository cpu library git friendly scrypt qt github
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