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Litecoin (LTC)

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What is Litecoin LTC Crypto Casino?

Litecoin LTC Crypto Casino is a blockchain and cryptocurrency that is considered to be the first successful alternative cryptocurrency to Bitcoin, i.e. the first so-called altcoin.

Launched in 2011, Litecoin was marketed as digital silver, in a market where Bitcoin was widely considered digital gold. This coin today among the largest and best known cryptocurrencies. Litecoin’s blockchain is based on Bitcoin’s source code, but Litecoin’s blockchain still has certain modifications that make the two differ from each other.

Litecoin LTC Casino Crypto

Who Made Litecoin LTC Casino?

Litecoin was created by software developer Charlie Lee in October 2011. While employed by Google, Lee worked in his spare time to create a modified version of Bitcoin’s open source code, which would end up becoming Litecoin.

Lee confirmed early on that he does not want Litecoin to compete with Bitcoin, but rather that Litecoin should be an alternative to Bitcoin that relieves the Bitcoin network. This has also been evident in the form that Litecoin has been very early in testing out, and implementing, several of the major network upgrades that were developed for Bitcoin, such as Segregated Witness and the Lightning Network.

How does the Litecoin LTC Casino work?

Litecoin is a solution based on blockchain technology. Satoshi Nakamoto launched Bitcoin in 2009 as the world’s first cryptocurrency, and Charlie Lee created Litecoin based on Bitcoin’s open source code. Like, for example, Bitcoin’s blockchain where you can send and receive bitcoins, Litecoin’s blockchain is used to send and receive litecoin globally, without a third party being able to see or step in unexpectedly.

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