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LydiaSutton11
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Full Name:Lydia Sutton
Last Login:7/29/20
Join Date:7/29/20
Profile Views:103
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My Website:https://nycoin.net
About Me:Litecoin (symbol: LTC) was launched in 2011 by an ex-Google software engineer and is a fork of the Bitcoin blockchain. Litecoin lowered Bitcoin's 10 minute block time to just 2.5 minutes, making transaction verification much faster and also significantly reduced fees to send funds on the Litecoin network. Currently averaging around $0.02 in transaction fees to send funds on the Litecoin network. Litecoin and New York Coin (symbol: NYC) are almost identical in technical terms. Both cryptocurrencies use the same proof-of-work scrypt hashing algorithm to verify transactions. Meaning they are both mined exactly the same way, using the same computer equipment to solve complex mathematical equations in order to verify a new transaction is authentic.
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