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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Celebrate MWEB's activation with the Litecoin Foundation! Live stream tonight with @DavidBurkett38 and @SatoshiLite to kick off an hour before.. estimated start 9pm PST / 4am UCT Link to subscribe for updates: youtube.com/c/LitecoinFoun… #MWEB #Litecoin

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https://twitter.com/LTCFoundation/status/1527191072857903105

Litecoin telegram news 19 May 2022 18:00

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