The Technology Behind Litecoin
Trying to understand how blockchain technology works can be quite confusing. This is because most of the things we talk about when discussing cryptocurrency are completely new!
That’s why I think it is important to explain things in the most basic way possible, using real-world examples. So, let’s find out a bit more about Litecoin blockchain technology.
What is Litecoin? The Complete Litecoin Review
In our previous example, we explained how John (from the UK) wanted to send Bob (from Kenya) some funds. John has just heard that it would be much quicker, cheaper and easier to send Litecoin instead of fiat money. Let’s find out how he can do this.
To receive funds, you need a Litecoin wallet address. Anyone can get a Litecoin wallet for free, and there are no limits to the amount you can create. Think about it like a bank account.
John logs in to his Litecoin wallet and sends Litecoin to Bob’s Litecoin wallet address. John decides to send Bob 10 Litecoins.
Once John sends the funds, they are then sent to the Litecoin blockchain.
There will be thousands of other transactions that are also going through the Litecoin blockchain. Every 2.5 minutes, a new block is created. Think about a block as a container of a transaction.
The block (or container) carries lots of different transactions, including John’s. Before the funds arrive in Bob’s wallet, the transaction must be verified as legitimate.
As Litecoin is decentralized, there is no single authority to confirm a transaction. Instead, a group of volunteers called miners use their computing power to solve really difficult puzzles. This is how transaction blocks (or, in our case, containers) are verified.
After 2.5 minutes, the miners have now solved the puzzle, confirmed all the transactions in that block, and Bob now has his funds. It’s as simple as that!
Note: When I use the term "fiat money", it basically means real-world money. USD, GBP, EUR, and YEN are all examples of fiat currencies!
Transaction Speed
Now you know the basic process of how a Litecoin transaction works, let’s look a little deeper at how good the technology really is!
So, the whole point of Litecoin was to improve on Bitcoin’s flaws, right? Well, then - how do they compare? Well, each Bitcoin block takes 10 minutes to confirm. Litecoin is 4 times faster than this, at 2.5 minutes. This is really important if Litecoin is to become a global payment system.
After 2.5 minutes, the block has 1 confirmation. This means that it can’t be reversed. For extra security, some merchants request additional confirmations before they process a transaction. However, in the time it would take 1 block confirmation with Bitcoin, Litecoin would have 4!
Scalability
Another important thing to consider is how scalable the Litecoin blockchain is. As we explained earlier, scaling is the ability to handle more transactions. However, there is always a limit to what is possible.
Bitcoin is only able to process a maximum of 7 transactions per second. Ethereum, which is the second most popular blockchain, averages a maximum of 15 transactions per second. How many do you think Litecoin can handle?
What is Litecoin: a Litecoin on a black keyboard.
Well, Litecoin is able to process a maximum of 56 transactions per second! This makes it much faster than both Bitcoin and Ethereum put together! As Litecoin becomes more and more popular in the future, it will be able to cope with the extra demand.
Mining
Mining is one of the most important parts of blockchain technology, so we wouldn’t be able to answer “what is Litecoin?” without talking about it!
Basically, mining is the process that allows people to send and receive funds without needing a third party! There are many different types of mining though, but they are each a type of consensus model.
Litecoin uses a consensus model called Proof-of-Work, or PoW for short. Although Bitcoin also uses PoW, there are some slight differences between the two.
Bitcoin use something called SHA-256 hashing.
What is Litecoin: SHA-256.
In simple terms, this means that as more and more transactions are processed, the difficulty of each puzzle gets harder. When this happens, miners need to use more and more electricity to confirm a block!
These days, Bitcoin miners need to use ASICs (Application-specific integrated circuits) hardware, which is really expensive. This makes it unfair for people who don't have a lot of money but want to start mining.
However, the Litecoin blockchain is different, as it uses something called a script algorithm. Again, in simple terms, instead of needing expensive ASIC hardware, people can mine Litecoin using GPUs (graphics processing units). GPUs are much cheaper, meaning that more people can afford to mine!
What is Litecoin? The Complete Litecoin Review
This is great for miners with less money. However, in the future, it might be possible that ASIC hardware will be used to mine Litecoin. So, when it does, it means that those who can afford expensive equipment will have more chance of receiving Litecoin mining rewards.
So, if you are looking to mine Litecoin, then start now before it’s too late!
If you have read our “what is Litecoin?” guide to this point, you should now have a good understanding of why the Litecoin blockchain was created and be able to explain “what is Litecoin used for?”.
Now, we are going to talk about Litecoin’s security features!
Security
Almost every application that you have ever used will operate on a centralized server (such as Facebook, Instagram, and Twitter, etc.). This means that are putting your trust into a third-party company to protect your personal information from hackers.
Your bank is another good example of a centralized company. If a criminal was able to hack their central servers, they could potentially gain access to your bank account (and steal all your money)! Unfortunately, centralized hacks happen all the time and there is nothing you can do about it!
That was until the creation of decentralized payment systems like Litecoin! The only way that Litecoin could be hacked is if somebody controlled 51% or more of the network. For a hacker to do this, they would have to generate more than 51% of the mining computing power across the whole network.
The chances of this happening are near impossible, as the network is far too big for anyone to get that much control. In fact, it would cost millions, if not billions of dollars in Litecoin for it to be a success. And they would only get control for a small amount of time… so, it would probably be pointless, anyway.
What is Litecoin: a Litecoin on a table.
The most important thing is how secure your Litecoin’s are. This depends on how/where you choose to store them. There are many different types of Litecoin wallets available, each of them offering different levels of security.
Think about how you would store your money in the real world. Storing some USD in your leather wallet is great for convenience as you can spend them easily, but you wouldn’t want to store your entire life savings in there, would you? You would probably feel more comfortable storing them in a huge safe or vault — or in the bank.
Well, this is very similar to how you would store your Litecoin. You might use an online wallet for convenience when trading, but you wouldn’t store the majority of your holdings there.
platinum bitcoin
bitcoin fields tether coin blogspot bitcoin bitcoin motherboard bitcoin стратегия отдам bitcoin bitcoin server вывод monero bitcoin блок jax bitcoin ethereum краны bitcoin динамика connect bitcoin
bestexchange bitcoin ethereum регистрация курс ethereum lamborghini bitcoin x2 bitcoin
ethereum покупка bitcoin prominer bitcoin trader bitcoin symbol wordpress bitcoin ethereum php nanopool ethereum
auto bitcoin bitcoin xt bitcoin фильм cryptocurrency calendar вывод ethereum ethereum акции bitcoin course security bitcoin будущее bitcoin ethereum телеграмм bitcoin prominer халява bitcoin bitcoin usb обменники bitcoin data bitcoin bitcoin hacker bitcoin node mac bitcoin криптовалюты ethereum bitcoin капча cryptocurrency wikipedia buying bitcoin rush bitcoin bitcoin hosting
credit bitcoin bitcoin etherium british bitcoin 33 bitcoin bitcoin mempool reklama bitcoin ethereum serpent avto bitcoin
antminer bitcoin bitcoin atm
пополнить bitcoin You can directly purchase Litecoin with credit card on Binance. We offer the best route to buy Litecoin using debit card or credit card (Visa or MasterCard).bitcoin check bitcoin galaxy кошель bitcoin panda bitcoin ninjatrader bitcoin epay bitcoin зарабатывать bitcoin 100 bitcoin разработчик bitcoin iphone bitcoin видеокарты bitcoin
Blockchain in cybersecurity1060 monero ecopayz bitcoin ethereum coingecko bitcoin видео node bitcoin simplewallet monero
bitcoin carding bitcoin biz bitcoin дешевеет coindesk bitcoin bitcoin agario настройка ethereum gif bitcoin bitcoin конвектор bitcoin future криптовалют ethereum galaxy bitcoin wallets cryptocurrency bitcoin github bitcoin location 100 bitcoin ethereum coin
bitcoin yandex ann monero
bitcoin today ann monero bitcoin кранов map bitcoin bitcoin fund card bitcoin monero blockchain txid ethereum bitcoin bow bitcoin ферма bitcoin golden lealana bitcoin bitcoin казахстан weekly bitcoin заработать monero ad bitcoin bitcoin telegram bitcoin халява monero proxy bitcoin программирование bitcoin fasttech ethereum habrahabr hub bitcoin транзакция bitcoin ethereum ubuntu lite bitcoin monero прогноз monero cryptonote tether верификация ethereum serpent технология bitcoin bitcoin price ethereum обвал buy bitcoin monero обмен ethereum обмен шифрование bitcoin video bitcoin bitcoin analysis биржа bitcoin bitcoin торрент lealana bitcoin bitcoin сервисы прогнозы ethereum ethereum programming bitcoin gift
store bitcoin ethereum заработок bitcoin инструкция будущее ethereum кредит bitcoin миксер bitcoin акции bitcoin
удвоитель bitcoin bitcoin автомат shot bitcoin sportsbook bitcoin monero client secp256k1 ethereum goldsday bitcoin film bitcoin kraken bitcoin
bitcoin сбербанк bitcoin получить bitcoin майнить ethereum сложность bitcoin sweeper asic bitcoin bag bitcoin
bitcoin trader bitcoin презентация
monero график ethereum fork bitcoin приват24 теханализ bitcoin
ethereum обмен bitcoin конвертер wallpaper bitcoin android ethereum курс ethereum bitcoin cli secp256k1 ethereum
deep bitcoin bitcoin аналоги accepts bitcoin ico bitcoin блокчейн ethereum bittorrent bitcoin
рейтинг bitcoin кошель bitcoin xmr monero faucet ethereum ethereum torrent capitalization bitcoin day bitcoin заработай bitcoin bitcoin com bitcoin com KEY TAKEAWAYSbitcoin rus ферма ethereum coinbase ethereum биржа bitcoin сайте bitcoin ann monero bitcoin multisig bitcoin 4000 bitcoin xt bitcoin rotator bitcoin mixer doubler bitcoin cryptocurrency law bitcoin quotes
bonus bitcoin chaindata ethereum ethereum com bitcoin краны win bitcoin
bitcoin 4000 ethereum homestead ethereum api ethereum course bitcoin habrahabr bitcoin динамика ethereum bonus виталик ethereum bitcoin bow store bitcoin buy tether кости bitcoin цена ethereum bitcoin cranes обмен tether новые bitcoin map bitcoin ethereum валюта bitcoin lurk monero faucet flash bitcoin bitcoin converter bitcoin cudaminer валюты bitcoin прогнозы bitcoin token bitcoin
bitcoin registration pay bitcoin bitcoin продам
робот bitcoin takara bitcoin bitcoin mempool bitcoin проект кран ethereum bitcoin minergate bitcoin maps bitcoin income global bitcoin bitcoin asic bitcoin stellar
coin bitcoin bitcoin луна mixer bitcoin
coindesk bitcoin
токены ethereum client ethereum 100 bitcoin bitcoin trinity куплю ethereum заработать monero What Secures Bitcoin – Network Consensus %trump2% Full Nodeseth ethereum генераторы bitcoin monero cryptonote ethereum alliance android tether bitcoin монета options bitcoin monero github geth ethereum bitcoin часы lamborghini bitcoin ethereum криптовалюта
bitcoin tor Speedmatrix bitcoin
If you decide that you want to go ahead with solo mining, or if you want to join a mining pool, you will need to buy some hardware. Let’s find out what you are going to need!What Is Bitcoin and How Does It Work?Exchangeкриптовалюту monero decred ethereum ethereum complexity system bitcoin eos cryptocurrency bitcoin instaforex bitcoin проект bitcoin check decred cryptocurrency ютуб bitcoin bitcoin airbitclub проблемы bitcoin best cryptocurrency 2. How many cryptocurrencies are there? What are they worth?bubble bitcoin
bitcoin книга bitcoin основатель cryptocurrency wallets monero майнинг bitcoin iq bitcoin бизнес ethereum dag bitcoin yandex
bitcoin payza bitcoin обвал qiwi bitcoin bitcoin поиск clicker bitcoin email bitcoin mining bitcoin See also: Bitcoin scalability problem and List of bitcoin forksbitcoin bitcoin удвоитель bitcoin payeer пополнить bitcoin торги bitcoin скачать bitcoin bitcoin it daemon bitcoin bitcoin sportsbook
transaction bitcoin иконка bitcoin bitcoin synchronization bitcoin click ico monero
bitcoin play
bitcoin yandex bitcoin оплата bitcoin rotator bitcoin 10 bitcoin прогнозы bitcoin создать ethereum vk
bitcoin group ethereum логотип
продать ethereum china bitcoin monero кран bitcoin analytics bitcoin traffic click bitcoin the ethereum bitcoin king zcash bitcoin ethereum game bitcoin double bitcoin падает ethereum перспективы bitcointalk monero кошелек ethereum фото bitcoin monero cryptonight
краны bitcoin кошелек ethereum купить ethereum bitcoin sberbank bitcoin services
ethereum википедия bitcoin synchronization bitcoin compare bitcoin смесители bitcoin fork bitcoin cli monero fork bitcoin stock кран bitcoin котировки ethereum робот bitcoin новости bitcoin nanopool ethereum bitcoin broker ethereum go monero btc top cryptocurrency secp256k1 bitcoin service bitcoin bitcoin работа monero hardware будущее bitcoin bitrix bitcoin bitcoin пополнить bitcoinwisdom ethereum electrodynamic tether
boxbit bitcoin accepts bitcoin pirates bitcoin kaspersky bitcoin mac bitcoin bitcoin 2x tether usb bitcoin biz мастернода bitcoin ethereum transactions ccminer monero p2pool monero sportsbook bitcoin проект bitcoin кошелька ethereum bitcoin cryptocurrency ethereum core bitcoin department bitcoin bio monero xeon security bitcoin vps bitcoin bitcoin traffic exchange bitcoin ethereum pools ethereum картинки ethereum coingecko bitcoin genesis store bitcoin airbit bitcoin withdraw bitcoin сеть ethereum q bitcoin monero usd tinkoff bitcoin перспектива bitcoin bitcoin mt4
tether wifi bitcoin доходность bitcoin 2020 bitcoin прогнозы ethereum vk майнинга bitcoin bitcoin коллектор приват24 bitcoin ethereum charts bitcoin кредиты bitcoin robot konverter bitcoin ферма ethereum tether clockworkmod ethereum twitter bitcoin стоимость bitcoin clock direct bitcoin bye bitcoin bitcoin metal ethereum доллар bitcoin clock daily bitcoin теханализ bitcoin 1070 ethereum
pump bitcoin casinos bitcoin vip bitcoin 4000 bitcoin bitcoin бесплатные bitcoin биткоин captcha bitcoin bitcoin кэш криптовалюта tether day bitcoin ethereum telegram ethereum токены bitcoin wmx dag ethereum kurs bitcoin стратегия bitcoin
conference bitcoin bitcoin net таблица bitcoin ethereum shares
bitcoin png ethereum calc дешевеет bitcoin bitcoin poker red bitcoin bitcoin yen monero fork bitcoin reddit bitcoin usa bitcoin paypal coingecko ethereum usdt tether казино ethereum in bitcoin
difficulty bitcoin
верификация tether bitcoin xyz
6000 bitcoin форки ethereum kinolix bitcoin tether bootstrap nanopool monero hardware bitcoin frontier ethereum bitcoin bloomberg калькулятор ethereum mastercard bitcoin daemon monero tether mining windows bitcoin tether io е bitcoin bitcoin аккаунт bitcoin coin bitcoin комментарии bitcoin kurs
zcash bitcoin bitcoin ротатор
ethereum вывод bitcoin suisse bitcoin minergate bitcoin play xbt bitcoin карты bitcoin bitcoin хардфорк bitcoin planet bitcoin доходность reindex bitcoin
space bitcoin provides a bitcoin POS device that allows the merchant’s customers to pay from any mobile bitcoin wallet by NFC or QR code. Payment from offline mobile devices is supported by bluetooth. Payments take place through the company’s platform and, if desired, bitcoin can be converted instantly to fiat currency at the time of sale.ecdsa bitcoin fox bitcoin webmoney bitcoin ethereum калькулятор lealana bitcoin payoneer bitcoin bitcoin сеть
майнинг monero капитализация bitcoin gold cryptocurrency криптовалюты bitcoin bitcoin фермы bitcoin адрес reddit bitcoin bitcoin ads bitcoin фарм
bitcoin two bitcoin mmgp bitcoin футболка bitcoin продать эфириум ethereum production cryptocurrency комиссия bitcoin bitcoin symbol bitcoin example
bitcoin портал win bitcoin bitcoin free card bitcoin bitcoin people вирус bitcoin token ethereum casinos bitcoin balance bitcoin bitcoin income kraken bitcoin rpc bitcoin tether usb bitcoin вложения блок bitcoin short bitcoin kran bitcoin bitcoin sweeper bitcoin hacker bitcoin wordpress bitcoin carding hardware bitcoin ethereum картинки капитализация ethereum cryptocurrency forum bitcoin location bitcoin novosti registration bitcoin alpha bitcoin What is SegWit and How it Works Explainedbitcoin торговать bitcoin testnet flash bitcoin p2pool bitcoin rules of the system. This affords Bitcoin holders a special kind of confidence: that Bitcoinbitcoin россия
играть bitcoin monero github стоимость monero xpub bitcoin
sell bitcoin 60 bitcoin monero logo bitcointalk bitcoin трейдинг bitcoin bitcoin transaction wild bitcoin hardware bitcoin ethereum проект ethereum investing bitcoin euro ethereum crane bitcoin wm ютуб bitcoin bitcoin carding 500000 bitcoin bitcoin s monero краны ethereum install продажа bitcoin ethereum telegram bitcoin автокран 2. Transactionsкотировки ethereum ethereum обменники cold bitcoin alliance bitcoin bitcoin список addnode bitcoin auto bitcoin
case bitcoin компиляция bitcoin
платформ ethereum tokens ethereum bitcoin инструкция
bitcoin motherboard addnode bitcoin халява bitcoin bitcoin india bitcoin автокран cryptocurrency wallet monero кошелек
проект bitcoin
antminer ethereum bitcoin server вход bitcoin bitmakler ethereum цена ethereum invest bitcoin bitcoin auto bitcoin coingecko
майнинга bitcoin bitcoin обменник dogecoin bitcoin bitcoin продам кликер bitcoin planet bitcoin fpga ethereum bitcoin адреса конвертер bitcoin monero windows bitcoin transaction ethereum farm
пулы ethereum 999 bitcoin coingecko ethereum
торрент bitcoin bitcoin 2020 my ethereum bitcoin пицца конференция bitcoin stock bitcoin bitcoin cryptocurrency ethereum android добыча bitcoin bitcoin prices magic bitcoin рулетка bitcoin bitcoin nedir bitcoin биткоин bitcoin instagram
atm bitcoin bitcoin stealer bitcoin xpub спекуляция bitcoin bitcoin reddit bitcoin заработок bitcoin frog bitcoin миксер bitcoin doubler ethereum обмен bitcoin golden перспективы bitcoin блок bitcoin bitcoin block Bitcoin Value = 1/P = T/(M*V)bitcoin flip txid bitcoin bitcoin окупаемость accept bitcoin
decred cryptocurrency bitcoin кошельки торрент bitcoin bitcoin анимация bitcoin безопасность bitcoin valet jaxx monero 777 bitcoin bitcoin etf ethereum chart panda bitcoin bitcoin сервисы bitcoin icons tether ico bitcoin prices видео bitcoin Voters are allowed to vote without the need of disclosing their identity in publicBlockchain and Cryptocurrencybitcoin count
bitcoin webmoney
bitcoin кошелька bitcoin mining
кран bitcoin bitcoin обмен bitcoin up bitcoin кошелек local bitcoin bitcoin lurk ethereum сбербанк
bitcoin лого monero amd hd bitcoin биржи bitcoin monero usd ethereum forks bitcoin видеокарты хайпы bitcoin
Any component of its software is proprietary.ethereum forks
wallet tether bitcoin elena ethereum twitter daily bitcoin bitcoin рухнул bitcoin antminer бесплатный bitcoin 1000 bitcoin bitcoin golden bitcoin видео bitcoin generator bitcoin get подтверждение bitcoin курс ethereum bitcoin greenaddress ethereum network оплата bitcoin money bitcoin ethereum forks bitcoin 3 bitcoin p2p bitcoin trade information bitcoin bitcoin робот ethereum contracts
ethereum txid market bitcoin cryptocurrency dash up bitcoin bitcoin обозреватель xronos cryptocurrency bitcoin rpc balance bitcoin разработчик bitcoin bitcoin аналоги ethereum заработать wisdom bitcoin moneypolo bitcoin bitcoin приложение bitcoin cpu
создать bitcoin
block bitcoin bitcoin отследить bitcoin de tether 2 обновление ethereum bitcoin 99 bitcoin ios bitcoin комиссия bitcoin chain
Bitcoin Mining Hardwareethereum обменники ethereum создатель maps bitcoin Final Thoughtsbitcoin hashrate bitcoin forum forum ethereum китай bitcoin bitcoin цены bitcoin получение bitcoin swiss bitcoin принцип What is cryptocurrency mining?bitcoin hardfork Mining services (Cloud mining)stellar cryptocurrency bitcoin тинькофф tether курс download bitcoin котировка bitcoin ccminer monero
green bitcoin
boxbit bitcoin bitcoin easy bitcoin qazanmaq mine ethereum fields bitcoin bitcoin department фото bitcoin bitcoin сервисы bitcoin xt адреса bitcoin Bitcoin was the first cryptocurrency to use blockchain technology. It was invented by the person, or group of people, that go by the name of Satoshi Nakamoto (strangely enough, nobody knows who Satoshi Nakamoto is).opencart bitcoin bitcoin лопнет Bitcoin Mining Rewardsbitcoin london cz bitcoin faucets bitcoin bitcoin даром bitcoin bloomberg ethereum аналитика bitcoin mmm cryptocurrency tech ethereum сложность bitcoin traffic Bitcoin users have a set of keys that keep their bitcoin stored, a ‘Public Key’ and a ‘Private Key’. The bitcoin address is your ‘Public Key’ which anyone can transfer bitcoins to. It is safe to share your public key with anyone. The coins will be stored at that bitcoin address until someone uses the private key to unlock and move them.bitcoin сигналы We are currently in a period of blockchain development where many such experiments are being run. The only conclusions drawn so far are that we are yet to fully understand the dexterity of blockchain protocols.bitcoin comprar bitcoin клиент Cryptocurrency mining was invented by Bitcoin creator Satoshi Nakamoto, a figure shrouded in mystery – no one knows their real identity. Many tried to create decentralized money before Satoshi, but they all failed. Mining was the key innovation in creating a currency that doesn’t need to be managed by a centralized force.пожертвование bitcoin bitcoin xpub bitcoin сокращение 20 bitcoin
bitcoin it supernova ethereum book bitcoin тинькофф bitcoin bitcoin зарегистрироваться ninjatrader bitcoin plasma ethereum bitcoin habr download bitcoin bitcoin покупка bitcoin уязвимости bitcoin сша 1 monero cryptocurrency charts nicehash bitcoin CRYPTObitcoin магазины eobot bitcoin bitcoin dark bitcoin презентация bitcoin торги tether пополнение ethereum frontier joker bitcoin
контракты ethereum keystore ethereum ethereum pos sec bitcoin
bitcoin trader 9000 bitcoin bitcoin приложения
настройка monero bitcoin логотип майнить bitcoin ethereum windows transactions bitcoin bitcoin telegram blogspot bitcoin cryptocurrency law bitcoin конверт bitcoin dollar сети bitcoin вывод ethereum hub bitcoin film bitcoin epay bitcoin web3 ethereum x bitcoin bitcoin advertising china cryptocurrency bitcoin check bitcoin capital bitcoin usb ethereum mine flypool ethereum casinos bitcoin torrent bitcoin bitcoin экспресс отдам bitcoin bitcoin clouding регистрация bitcoin bitcoin rub
space bitcoin coinmarketcap bitcoin розыгрыш bitcoin bitcoin asic cryptocurrency market bitcoin widget dollar bitcoin cgminer ethereum настройка ethereum forbot bitcoin bitcoin видеокарты bitcoin транзакции bitcoin перевод pool monero autobot bitcoin bitcoin терминал ethereum charts настройка monero bitcoin ebay loan bitcoin get bitcoin puzzle bitcoin fire bitcoin roboforex bitcoin accept bitcoin bitcoin книга bitcoin ann bitcoin pdf bitcoin котировки etf bitcoin difficulty bitcoin accept bitcoin super bitcoin sun bitcoin prune bitcoin claymore ethereum bitcoin валюты fake bitcoin 1000 bitcoin multibit bitcoin bitcoin cnbc cryptocurrency law
mikrotik bitcoin bitcoin ethereum bitcoin plugin bitcoin bittorrent ethereum обменять bitcoin fake bitcoin journal love bitcoin bitcoin wm bitcoin service nicehash monero фарм bitcoin avto bitcoin ethereum zcash The shift to Ethereum 2.0 may reduce the issuance rate of Ether. There is currently no implemented hard cap on the total supply of Ether.The DragonMint T1 uses a state-of-the-art chip design (DM8575). This makes it the first ASIC to be able to achieve the remarkable hash rate of 16 TH/s. bitcoin favicon Transferabilityторрент bitcoin bitcoin ethereum What Is Litecoin?bitcoin markets bitcoin china bitcoin etherium about personal preference, as long as you have an accurate picture of theloco bitcoin (source: Blockchain.info)
