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Faster Transaction Speed: Litecoin block generation time is 2.5 minutes (compared to Bitcoins 10 minutes). This faster block time allows for quicker transaction confirmations, making Litecoin more practical for day-to-day transactions.
Scrypt Algorithm: Litecoin uses a different mining algorithm called Scrypt, as opposed to Bitcoin SHA-256. Scrypt is designed to be less resource-intensive, making it more accessible to a broader range of miners. This reduces the influence of specialized mining hardware (like ASICs) and allows for a more decentralized mining network.
Higher Supply Limit: Litecoin has a maximum supply of 84 million coins, four times more than Bitcoins 21 million cap. This higher supply can make Litecoin more accessible and potentially less subject to scarcity-driven price volatility.
Decentralization and Open Source: Like Bitcoin, Litecoin is a decentralized, open-source network that operates without a central authority. The Litecoin community actively supports its development, and its code is publicly available, which promotes transparency and community trust.
Highlights
Speed and Low Transaction Fees: Litecoin is known for its fast transaction times and low fees. It processes transactions approximately four times faster than Bitcoin, making it a popular choice for everyday transactions.
Widespread Adoption: Litecoin has seen significant adoption for payments and transactions. Its supported by many merchants and payment processors, making it one of the most widely used cryptocurrencies for real-world purchases.
Higher Coin Supply: Litecoin has a maximum supply of 84 million coins, which is four times the supply limit of Bitcoin1. This higher supply can potentially make Litecoin more accessible and affordable for a broader range of users.
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
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An AMI is a virtual image that provides the information required to launch an instance. Amazon EC2 (Elastic Compute Cloud) instances are virtual servers on which you can run your applications and workloads, offering varying combinations of CPU, memory, storage, and networking resources. You can launch as many instances from as many different AMIs as you need.
Litecoin Pro for AWS includes complimentary basic email support for bugs or operational issues. Available M - F, 9:00 am - 4:00 pm EST at help@solodev.com
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
The Coinbase Data Exchange provides the timeframe, open, high, low, and close(OHLC) prices and volume amount(cryptocurrency and USD) for Bitcoin, Ethereum, and Litecoin. The data presented shows cyptocurrency prices based in terms of USD(i.e. BTC/USD). The timeframe is given as a Unix timestamp.
Polymer is a human-centric data loss prevention (DLP) platform that holistically reduces the risk of data exposure in your SaaS apps. In addition to automatically detecting and remediating violations, Polymer coaches your employees to become better data stewards. Polymer also gives your security teams the superpowers to identify and act on the greatest threats to your organization with real-time risk scores.
We help companies, and startups get the best from using blockchain distributed ledger technologies and decentralized networks. Geniusee provides guidance and support to equip educational and financial institutions, real estate, and healthcare markets with full blockchain digital transformations. We use innovative, dominant platforms such as Ethereum, Stellar, and HyperLedger Fabric to create the best fit-in custom blockchain solutions for you.