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About LTCUSD

Litecon (LTC) is a popular cryptocurrency, one of the first forks of Bitcoin. The main differences from Bitcoin are as follows:

  • Transaction speed is higher as it takes 5-8 times less time to create a block than in Bitcoin.
  • Mining cryptocurrency requires less resources.
  • Blocks are formed using different hash functions (Litcoin has - Scrypt, Bitcoin has SHA-256).
  • The maximum number of coins for Litecoin is 84 million, for Bitcoin - 21 million.
  • Litecoin addresses are strictly 33 characters long and they all start with the number 3 or the letter L.
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