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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December Progress: * Vulnerability fixed * v0.21.1rc1 with taproot is available for testing * Final MWEB reviews scheduled * Looking good for a January release 🤞 Details: litecointalk.io/t/mweb-progres…

David Burkett

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https://twitter.com/DavidBurkett38/status/1478304556639571970

Litecoin telegram news 04 January 2022 16:11

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