The project was created as an upgrade of Bitcoin. There are not many differences, but some of them are very significant. Several technologies have been applied that have eliminated some of the disadvantages of Bitcoin: the "Proof of Work" protocol, which uses the Scrypt hash function, and not SHA-256, like BTC. The average speed of block creation is 2.5 minutes (for comparison, BTC takes four times longer).

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The Litecoin Foundation proudly presents the Third Annual Litecoin Summit! We will be broadcasting live from Las Vegas Oct 21st & 22nd! 

Bringing together the world’s top innovators, thought leaders and decision makers, as well as members of the Litecoin community for two days of amazing networking opportunities and exciting discussions around industry developments, technical innovations, public policy issues, and much more.

Litecoin Summit 2022 - Day 2

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Day 2 of the Litecoin Summit livestream: https://www.youtube.com/watch?v=LI7SHxwyONk

Day 2 of the Litecoin Summit livestream:.

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