User | Reward | Date |
---|---|---|
MDcEwQeehs7LLmaKRi9wqMKDFeqqrYU4E4 | 964 satoshi | 2022-03-26 20:22:02 |
DMMzzpJoZQWppCCz8B9rhrKf5uuYowM5uy | 1034 satoshi | 2021-10-26 17:33:46 |
Litecoin was developed for cheaper transactions and aims to make everyday use more efficient. In contrast, Bitcoin was used more as a long-term store of value. The cap on the market cap is much higher with Litecoin than with Bitcoin, and the mining process is much faster. This means that transactions are faster and cheaper, although often smaller. Like Bitcoin, Litecoin is a digital currency. Using blockchain technology, Litecoin can be used to directly transfer money between individuals or companies. This ensures that a public ledger of all transactions is recorded and allows the currency to be freed from government control or operating a decentralized payment system without censorship.