News — litecoin

September 29, 2008. It was a clear morning in New York City. However, the weather didn’t reflect the mood. By the end of the day the Dow Jones Industrial Average plummeted 778 points, representing the largest point drop in history. It prompted one of the most profound global recessions in recent times. Is it a coincidence that only a few weeks later in October, Satoshi Nakamoto released the now famous whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System. When we reflect on 2008 it seems likely that the crash, triggered by the housing bubble, was the impetus for creating a trust-less financial...

Proof-of-Choose-Your-Name --- A lot of people who are just getting started with cryptocurrencies normally don't know much about consensus algorithms and what they are. However, they play a crucial part in making sure the blockchain remains a decentralised and fair system. What are consensus algorithms? In simple terms, consensus algorithms are processes which are used to achieve agreement on a value of data among distributed systems, such as the distributed ledger technology. In the crypto world, consensus algorithms do two very important things:  They ensure that the next block in a blockchain is the one and only true version of the block (prevent double spending); They keep the system from...

There are 4 things Google doesn't allow to advertise on their platform: Counterfeit goods. Dangerous products or services, like recreational drugs, weapons, ammunition, explosives and fireworks, and tobacco products. Anything that enables dishonest behavior, such as hacking software, services to artificially inflate web or ad traffic, fake documents or academic cheating. Inappropriate content, like hate speech or ads that use profane language (Source: https://support.google.com/adwordspolicy/answer/6008942?hl=en)   But as of June this year, they will add one more - crypto.   The ban is actually quite broad: “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency...

Litecoin is a faster, has a more decentralised proof-of-work algorithm and is also has a dedicated team who are working together to make it even better. The changes that the teams are making to the coin and the network come at a lightning fast pace and that's why we've compiled a list of the top 5 places for Litecoin news to keep you in the loop.