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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We're thrilled to work with leaders like Christian Rau & Charlie Lee to make @litecoin Card a reality for residents in the UK and Europe!

Christian & Charlie had great things to say about @UnbankedHQ and our commitment to getting the @LTCFoundation's Card live w/ @MastercardEU

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https://twitter.com/UnbankedHQ/status/1621257524413448200

Litecoin telegram news 03 February 2023 00:16