What is Litecoin? Litecoin is a decentralized online currency, which was launched in October 2011. Litecoin can be used to purchase services, for example for website development or to buy goods, such as jewelry and tea. Litecoin offers traders a safer and easier way to accept money. There are no costs for incoming payments and Payments can not be called.
All transactions are in a public “Inventory” recorded, also called Blockchain. This allows payments to be confirmed immediately. With Litecoin you can make money worldwide Send to every person within seconds The transaction fees are significantly lower as of credit card companies, traditional banks and even digital payment processors are required.
For example, a company may be in Singapore a payment from a customer from San Francisco received within seconds. In addition, both parties can send and understand receipt of this payment. Litecoin uses secure software that allows it Making payments as easy as sending an e-mail.
You can keep your Litecoins safely on your computer or
mobile device. There will only be 84 million Litecoins so you never worry about losing value have to worry. Litecoin has a stable and established marketplace, which consists of many individual stock exchanges. These exchanges beat several million dollars per day. You can use these reliable file sharing services around dollars, euros and other country currencies to exchange for Litecoin.
There are unlimited possibilities. Welcome to the future of commerce. Welcome to Litecoin.
In late 2013 Vitalik published the etherium, white paper which built on many concepts from Bitcoin. The white paper is available today on the etherium github page. In the white paper he outlined the limitations of the Bitcoin blockchain and proposed a new general-purpose blockchain, that could be used as a decentralized application platform.
Ethereum would be able to do everything Bitcoin could like, sending transactions between accounts and a whole lot more. The main issue with Bitcoin was the lack of a general-purpose programming language, that would allow you to create any sort of application on top of its blockchain.
Bitcoin scripts are not turing-complete. Meaning, you can’t write simple structures like loops and they’re also limited in capability. Because they can’t store state these scripts, are also referred to as simple versions of smart contracts.