RE: HOMEWORK 1 FOR @alphafx|| COMPARE BETWEEN BITCOIN NETWORK AND LITECOIN NETWORK

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HOMEWORK 1 FOR @alphafx|| COMPARE BETWEEN BITCOIN NETWORK AND LITECOIN NETWORK

in hive-108451 •  4 years ago 

Plagiarised Content

@alphafx

Litecoin - Open source P2P digital currency
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and …

http://litecoin.org/

Litecoin - Open source P2P digital currency
Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency.

https://litecoin.org/

Bitcoin vs. Litecoin: What's the Difference?
As of March 2021, the total value of all bitcoins in circulation is around $1 trillion, making its market cap more than 70 times larger than Litecoin, which has a total value of $13.7 billion.

https://www.investopedia.com/articles/investing/042015/bitcoin-vs-litecoin-whats-difference.asp

Litecoin Cloud Mining Review and Free Mining on Cryptocoinzone
Bitcoin makes use of the longstanding SHA-256 algorithm, whereas Litecoin makes use of a comparatively new algorithm known as Scrypt. Both use Proof of Work algorithm but Bitcoin mining uses SHA-256 algorithm which promotes processing power to extract crypto currency.

https://www.cryptocoinzone.com/cloud-mining/litecoin-cloud-mining-review/

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