Greatest LTC Wallets: https://www.coinbureau.com/evaluation/best-litecoin-wallets/
Litecoin Mining Swimming pools: https://www.coinbureau.com/mining/best-litecoin-pools/
Segregated Witness: https://www.coinbureau.com/training/what-is-segregated-witness/
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BTC Tipjar 🙏🏻: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL
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⏰ Time Stamps ⏰
0:55 Introduction
1:43 Litecoin vs. Bitcoin
3:00 Litecoin Halving
4:05 Atomic Swaps
5:51 Lightning Community & Litecoin
7:00 Segwit on LTC
8:00 Privateness Enhancements
9:08 Litecoin Basis
10:48 Partnerships & Adoption
11:30 Community Well being
12:35 Trade Help & Market Liquidity
13:25 Conclusion
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⛓️ 🔗 Useful Hyperlinks 🔗 ⛓️
► Web site: https://litecoin.org/
► Basis: https://litecoin-foundation.org/store
► GitHub: https://github.com/litecoin-project
► Scaling Comparability: https://bit.ly/370ZfO6
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📱️ Socials 📱
► Official Weblog: https://litecoin-foundation.org/latest-news/
► Twitter: https://www.twitter.com/LTCFoundation
► YouTube: https://www.youtube.com/channel/UC8unJ4YCZgc5e7Sb_cckDgg
► Discussion board: https://litecointalk.io/
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📝 Venture Overview 📝
Litecoin is a fork of Bitcoin’s core shopper, with a couple of slighty altered attributes. The venture started in 2011, launched by former Google worker Charlie Lee.
Litecoin is a Proof-of-Work coin. Litecoin presents sooner outcomes with shorter block instances, which take roughly two and a half minutes (in comparison with Bitcoin’s 10).
The venture does this by its mining algorithm known as Scrypt.
Due to the algorithm, block instances and mining issue, Litecoin has a max throughput of 56 transations per second. That is significantly greater than Bitcoin’s 7.
⚙️ Expertise ⚙️
Litecoin is a very Robust adopted of Atomic Swaps. With Atomic Swaps, customers can immediately carry out cross-chain transactions.
A bit over two years in the past, Decred and Litecoin have been the 2 initiatives that accomplished the primary ever cross-chain atomic swap.
Litecoin can also be a extremely sturdy adopter of SegWit. SegWit utilization on Litecoin is at present at 75% and has elevated since final 12 months.
Litecoin devs have been exploring methods to make it Fungible – so just like the likes of Monero and different privateness cash.
One among Litecoin Enchancment Proposals (or L.I.Ps) introduced a couple of months in the past was the implementation of the mimblewimble protocol. This can be a fairly superior protocol that may obfuscate transactions and make them non-public.
👨💻️ Crew, Companions & Growth 👨💻
The Litecoin Basis is a non-profit registered in Singapore that has quite a few goals. Prime amoung these is to drive the adoption of Litecoin internationally.
The muse additionally works with all kinds of fee gateways. This consists of corporations like Coinpayments, Coingate, Travala and so forth.
There are retailers throughout the globe that settle for Litecoin as a type of fee, with most current in Europe and america. Nevertheless, there are additionally fairly a couple of in elements of Asia as properly, together with Indonesia and India.
🔗 Community Stats 🔗
Transactions have dipped a bit because the halving in August, they’re nonetheless in step with what the community was seeing all through 2019, which might counsel the Litecoin blockchain continues to be pretty wholesome.
Distinctive addresses had a big spike in August on the time of the halving, Litecoin is exhibiting a little bit of a dropoff in these.
Total, on-chain information means that the Litecoin blockchain is comparatively wholesome. There was a rise in massive transactions, plus a slight uptick within the variety of customers who’ve held a major quantity of LTC for greater than a 12 months.
📈 Buying and selling & Liquidity 📈
Litecoin is in a lucky place with regards to market liquidity and alternate help. On condition that it was one of many first few altcoins in the marketplace, it has continually been a staple cryptocurrency on alternate order books.
Consequently, Litecoin does over $2 billion {dollars} a day in buying and selling quantity. If we have been to match this to different cryptocurrencies, it’s the 4th most traded crypto in the marketplace.
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📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific consequence.
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