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Questions tagged [litecoin]

Questions about Litecoin are generally off topic unless they have applicability to Bitcoin. This tag should be used for questions regarding Litecoin, 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.

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Where can I buy Litecoin?

I know Litecoin is sold on Coinbase, but I'm wondering if anyone has compiled a list or knows of other exchanges selling the currency?
Loourr
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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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Looking for nonces of even numbers

Each one of bitcoin and its derived crypto-currencies has a nonce value in the block, no matter what the algorithm is. Every miner tries to search for a luck nonce which can make the hash value smaller than the target under the required…
jclin
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Litecoin has had SegWit for one month, what impact did that have?

Litecoin activated SegWit about one month ago on May 10th (block 1201536). What impact did the SegWit activation on Litecoin have? How many blocks have a witness commitment? How many SegWit transactions are there? (I assume that there was no impact…
Murch
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How do exchanges decide on cryptocurrency trading pairs?

Cryptocurrency trading pairs for example ltc/btc, doge/btc should be paired using some criteria. I'd like to comprehend on what basis they are paired.
Sap
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Can I buy Litecoin with Paypal or a credit card?

I've been looking into Litecoin Lately and couldn't find any easy option to buy it using a credit card or my Paypal account. Am I missing something or is it just not possible ?
Moshe_Asor
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Can I view price graphs for alternative currencies, longer than 12 hours?

AFAIK, btc-e.com is the only place to show LTC/BTC price graph. Is there a way to view these graphs for longer than the ~ 12 hours that are shown by default?
ripper234
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Can you pay with Litecoin anywhere you can pay with Bitcoin?

Can you pay with Litecoin at any place that accepts Bitcoin? If no where can you spend Litecoins?
Celeritas
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Is it worth mining Litecoins?

Is it worth mining Litecoins and then exchange them for Bitcoins (because I am not sure if there will be space for more crypto currencies in the future)? I can get about 25k hash/sec by CPU mining on my laptop, so this turns in something about 0.1…
Petr Mensik
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Is there a way to tell which *coin is most profitable to mine?

Basically a program that could run some hashes for all of the different hash functions that are used in the different big cryptocurrencies and then get the current difficulty from all of them. From there you can determine how many of those coins you…
placeybordeaux
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Can ASIC or FPGA boards be used to mine Litecoin?

I know that Litecoin was designed to be mined with a CPU but then someone figured out how to mine it with a GPU. Has anyone figure out how to mine Litecoin with an ASIC or FPGA boards, and if not is it conceivably possible? (and by that I mean…
Loourr
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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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Where can I find the current fee level for LTC?

I'm currently working on something that needs to estimate the fee for Litecoin transactions. Where can I find an overview of the Litecoin fee market? The Litecoin wiki on Fees has been last updated in Nov 2015. The Litecoin client used to specify a…
Murch
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is it possible to launder bitcoin by exchanging it for litecoin and then back to bitcoin?

The scenario I was thinking of was I have some bitcoin from doing Bad Things (TM) that I want to launder. I could register with kraken.com and trade only virtual currencies with the L1 verification ( un/pw, country of residence, phone…
browep
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Using btc-e in the United States and depositing/withdrawing USD into btc-e?

I am located in the United States, and was wondering about the complications of using btc-e to make trades in the USA, such as the complications in depositing and withdrawing money in the form of USD. When I try to deposit USD into btc-e, almost all…
user9675
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