What is Litecoin? How Does it Work, and Why is it the Silver to Bitcoin’s Gold?
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最新报道：Litecoin, often dubbed "the silver to Bitcoin's gold," is a peer-to-peer cryptocurrency created in 2011 by Charlie Lee as a faster and lighter alternative to Bitcoin. It operates on a similar blockchain but with key differences: Litecoin's block generation time is 2.5 minutes (vs. Bitcoin's 10 minutes), and it uses the Scrypt hashing algorithm, making it more accessible for mining with consumer-grade hardware. With a capped supply of 84 million coins (four times Bitcoin's), Litecoin emphasizes lower transaction fees and faster confirmations. While it lacks Bitcoin's dominance, Litecoin remains a top-20 cryptocurrency by market cap, valued for its stability and utility in payments.
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