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What is Litecoin?


  • Find out what is Litecoin
  • Learn how to buy it
  • Learn how to use it
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What Is Litecoin?

Litecoin (LTC) is a cryptocurrency created from a fork in the Bitcoin blockchain in 2011. It was initially designed to address the developer's concerns that Bitcoin was becoming too centrally controlled, and to make it more difficult for largescale mining firms to gain the upper hand in mining. 

Understanding Litecoin 

One of Litecoin's original missions was to discourage enterprise-sized miners from gaining control of the mining process by using a different encryption method. However, miners quickly adapted their specialized machines and continued to grow their mining capacity.

Basics of Bitcoin And Cryptocurrency

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Joseph Bonneau

Associate Professor Of Cybersecurity
Computing and Information Systems

Joseph is an Associate Professor whose work focuses on applied crypto, cryptocurrencies, and econonomic and human factors in security. He is a co-author of the textbook "Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction."
Patrick Jones - Course author