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Questions tagged [litecoin]

OFF-Topic: Questions about Litecoin are generally off-topic unless they are applicable to Bitcoin.

Litecoin is a cryptocurrency based on Bitcoin. Litecoin is very similar to Bitcoin with a few distinguishing differences: blocks that are mined every 2.5 minutes on average and the scrypt hashing algorithm for its Proof of Work algorithm.

Litecoin is an alternative cryptocurrency based on Bitcoin. The key differences to Litecoin are that it's blocks are four times faster than Bitcoin's on average with a targeted average time of 2.5 minutes between blocks and Litecoin uses a different Proof of Work algorithm, scrypt. Scrypt was chosen as it was considered to be ASIC resistant, but this has been shown to be false as ASICs for scrypt coin mining now exist.

Litecoin's development follows Bitcoin's fairly closely. The full node software of Litecoin, Litecoin Core, is frequently rebased onto Bitcoin Core thus keeping up with the changes that are made to Bitcoin Core.

464 questions
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What are the differences between Bitcoin and Litecoin?

What are the differences between the Bitcoin and Litecoin algorithms and protocol?
Thilo
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What is the economic value of Litecoin? Is it simply a subdivision of BTC?

The main differentiator between Litecoin and Bitcoin appears to be the quantity of coins available, the frequency in which the blocks are mined, and the mining technology is different. The first benefit "Quantity" appears to be a subdivision of…
makerofthings7
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Who are creating all the alternate cryptocurrencies?

Everyone knows Bitcoin and Litecoins goes hand in hand and they are the most popular cryptocurrencies out there. But who is creating all these alternative cryptocurrencies such as Feathercoin, Peercoin, Quarkcoin, Craftcoin, etc. And why are they…
Yeah
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What would the rough hash rate for an ec2 instance be - litecoin

High-CPU Extra Large Instance 7 GiB of memory 20 EC2 Compute Units (8 virtual cores with 2.5 EC2 Compute Units each) 1690 GB of instance storage 64-bit platform I/O Performance: High EBS-Optimized Available: 1000 Mbps API name: c1.xlarge Above is…
Paul Marinello
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Buying Litecoins Directly

Is it possible to buy litecoins directly with money from an institution like Mt.Gox without buying Bitcoins first and swapping them ?
A.B.
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Should I be concerned about my Litecoin pool not showing anything but my invalid shares?

I have recently begun mining Litecoin and am still fairly new to the crypto-currency community. My main concern at the moment is that whenever I log into my account on litecoinpool.org (the pool that I have chosen to mine in), and view my worker's…
Tristan Smith
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Planning to build a mining rig

im new to the digital currency scene. Im very interested in bitcoins and litecoins. I know about bitcoins a couple of months ago and how foolish of me not to invest in it. Anyways, im interested in litecoins now as they are really easier to mine and…
tloz6996
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How can I build litecoin from source in Visual Studio (2010 or 2012)?

I am curious if anyone has successfully built and linked all dependencies for litecoin and, finally, built litecoin in Visual Studio. If so, could someone please provide some instructions on how to do this? I'd like to run some tests and I'm quite…
RLH
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How to get litecoin address balance?

I have an address :LUiTUnmBLQ6mvCXk2YNxiU7cZQdty1pToV when I check it on http://block-explorer.com/address/LUiTUnmBLQ6mvCXk2YNxiU7cZQdty1pToV I get Received: 1,199.9 LTC. is there another way to check it throw API or the wallet RPC ? keep in mind…
Haddar Macdasi
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Mining on Nvidia(i know it's bad, but it's a start)

So, I have this nvidia geforce fx5200 d256m gpu in an old box, I want to start it out as a no-cost minig rig(laugh all you want, I'm starting base and hoping to spend zero out of the pocket). I wanted to know what the expected hashrate would be, and…
Brandon
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litecoin transaction time without transaction fee

I've sent 927 ltc from my wallet to btc-e but didn't left enough in my wallet to cover the 0.01 transaction fee. My litecoin wallet is showing 'this payment has not been transmitted yet' and it's been a couple of days now. How long is it going to…
Liam Francis
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1.1LTC transaction fee when trying to send ~4.98 LTC?

I'm new to lite coin, and have been mining a bit over the last week. So far I've accumulated just under 5 LTC. When trying to move my LTC elsewhere, I'm asked for a 1.1LTC fee. That seems ridiculously high! Why is this the case? and is there anyway…
Roger
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Transaction with duplicate address in the output

I came across this transaction and noticed that there's duplicate address for the output part. https://live.blockcypher.com/ltc/tx/ada86c7d6f46f712bfa04982f17ce9cd9d4c2560e3493de9c22f8b135ece6cb9/ When I tested the rpc command "createrawtransaction"…
Charles
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Litecoin /Bitcoin addresses

I have just bought some Litecoin and Bitcoin. There are many addresses that seem to be created as I press Send and Receive. Do I need to allocate one of those generate addresses to my purchased Coin or can I just press Send and put the Recipient…
Chris Borrett
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Altcoin connecting nodes

I have created my crypto currency based on Litecoin 0.13.2. All seem works fine except fact that nodes are not synchronizing. Debug says: Ignoring getheaders from peer=x because is in initial block download. If I compile version 0.8.x and connect…
Wojtek B
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