Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase.[2][3] The Litecoin network went live on October 13, 2011. It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.
In 1983, the American cryptographer David Chaum conceived an anonymous cryptographic electronic money called ecash.[7][8] Later, in 1995, he implemented it through Digicash,[9] an early form of cryptographic electronic payments which required user software in order to withdraw notes from a bank and designate specific encrypted keys before it can be sent to a recipient. This allowed the digital currency to be untraceable by the issuing bank, the government, or any third party.
“A DAO consists of one or more contracts and could be funded by a group of like-minded individuals. A DAO operates completely transparently and completely independently of any human intervention, including its original creators. A DAO will stay on the network as long as it covers its survival costs and provides a useful service to its customer base” Stephen Tual, Slock.it Founder, former CCO Ethereum.
After much debate, the Ethereum community voted and decided to retrieve the stolen funds by executing what’s known as a hard fork or a change in code. The hard fork moved the stolen funds to a new smart contract designed to let the original owners withdraw their tokens. But this is where things get complicated. The implications of this decision are controversial and the topic of intense debate.

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La validez de cada una de las unidades está en la cadena de bloques. Una cadena de bloques es una lista en constante crecimiento de registros, llamados bloques, que son enlazados y asegurados usando criptografía. Cada bloque contiene un puntero hash enlazando a un bloque previo, una fecha y datos de transacciones. Por diseño, las cadenas de bloques son inherentemente resistentes a la modificación de los datos.

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La cadena de bloques es un "libro abierto, público, distribuido que registra todas las transacciones efectuadas entre dos usuarios de una manera permanente y verificable". La cadena de bloques usualmente es administrada por una red de punto-a-punto colectiva con un protocolo común para añadir y validar nuevos bloques. Una vez registrados, los datos de cualquier bloque no pueden ser modificados sin alterar todos los siguientes bloques.
As of February 2018, the Chinese Government halted trading of virtual currency, banned initial coin offerings and shut down mining. Some Chinese miners have since relocated to Canada.[32] One company is operating data centers for mining operations at Canadian oil and gas field sites, due to low gas prices.[33] In June 2018, Hydro Quebec proposed to the provincial government to allocate 500 MW to crypto companies for mining.[34] According to a February 2018 report from Fortune,[35] Iceland has become a haven for cryptocurrency miners in part because of its cheap electricity. Prices are contained because nearly all of the country's energy comes from renewable sources, prompting more mining companies to consider opening operations in Iceland.[citation needed]
In May 2018, Bitcoin Gold (and two other cryptocurrencies) were hit by a successful 51% hashing attack by an unknown actor, in which exchanges lost estimated $18m.[citation needed] In June 2018, Korean exchange Coinrail was hacked, losing US$37 million worth of altcoin. Fear surrounding the hack was blamed for a $42 billion cryptocurrency market selloff.[72] On 9 July 2018 the exchange Bancor had $23.5 million in cryptocurrency stolen.[73]
Litecoin, however, uses the scrypt algorithm – originally named as s-crypt, but pronounced as ‘script’. This algorithm incorporates the SHA-256 algorithm, but its calculations are much more serialised than those of SHA-256 in bitcoin. Scrypt favours large amounts of high-speed RAM, rather than raw processing power alone. As a result, scrypt is known as a ‘memory hard problem‘.

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A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3] Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.[4] 

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En 1983, el criptógrafo estadounidense David Chaum concibió un sistema criptográfico monetario electrónico llamado eCash. Más tarde, en 1995, implementó DigiCash, que utilizaba la criptografía para volver anónimas las transacciones de dinero, aunque con una emisión y liquidación (pago) centralizado.8​ Este sistema requería un software para retirar dinero de un banco y designar claves cifradas específicas antes de que puedan enviarse a un destinatario. Esto permitió que la moneda digital no fuera rastreable por el banco emisor, el gobierno o cualquier tercero.
Esta es una explicación técnica para todo el mundo de como realmente funcionan las criptomonedas, sus transacciones, mineria o minado, sus origenes, problemas y mucho más. ¿Como funciona la minería? ¿Vale la pena minar? No solo aprenderás la historia del Bitcoin y como funciona si no que también entenderas los principios y mecanismos que tiene detrás.
In May 2018, Bitcoin Gold (and two other cryptocurrencies) were hit by a successful 51% hashing attack by an unknown actor, in which exchanges lost estimated $18m.[citation needed] In June 2018, Korean exchange Coinrail was hacked, losing US$37 million worth of altcoin. Fear surrounding the hack was blamed for a $42 billion cryptocurrency market selloff.[72] On 9 July 2018 the exchange Bancor had $23.5 million in cryptocurrency stolen.[73]

As the industry continues to investigate blockchain platforms, it’s apparent that Ethereum is becoming a de facto leader. For example, a few days ago JPMorgan publicly open-sourced its Quorum platform, architected and developed around the Go Ethereum client by Jeff Wilcke and his team. Several other major banks are using Ethereum, and Microsoft is anchoring its Bletchley platform on it as the foundational blockchain element. Industry, both publicly and confidentially, continues to contribute to Ethereum and work with us and others to help our promising, toddler-age codebase reach maturity. Stay tuned for news on this front.
As of May 2018, over 1,800 cryptocurrency specifications existed.[24] Within a cryptocurrency system, the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: who use their computers to help validate and timestamp transactions, adding them to the ledger in accordance with a particular timestamping scheme.[14]

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↑ Diario Página 7, ed. (21 de junio de 2014). «BCB prohíbe uso de moneda virtual conocida como Bitcoin». Archivado desde el original el 24 de mayo de 2014. Consultado el 28 de julio de 2015}. «La compañía de intercambio de Bitcoins Mt.Gox, uno de los mayores mercados mundiales de la divisa virtual, se declaró en febrero en quiebra en un tribunal de Tokio después de haber anunciado su cierre indefinido, informó el 28 de ese mes la agencia Kyodo, según un reporte del portal www.20 minutos.es y EFE. La casa de cambio de Bitcoins con sede en la capital nipona y que se calcula que cuenta con aproximadamente un millón de clientes, inició este proceso legal tras permanecer inactiva durante las últimas semanas de febrero como consecuencia de "actividades inusuales” detectadas.»
Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

LTCUSD down trend in full effect and Clubber Lang predicts more pain ahead. Death cross and now 100 EMA has crossed the 200 EMA on the 1D chart. Likely sideways movement at mid to lower $50s for a short period then breaching the upper $40s to do the same thing over again in the mid then the lower $40s thereafter. Can't see going much higher than low $60s in the...
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. 

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Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
It takes a (global) village to raise a blockchain. The live network and the community of open source developers contribute significantly to this effort. They continuously refine and harden the Ethereum platform, helping it get faster at responding to industry demands for the value propositions it offers. These investments of time and resources speak to their faith in Ethereum governance and the value that businesses and developers see in its capabilities. – Joseph Lubin, CEO of Consensys
Here’s why. Ethereum is based on blockchain technology where all transactions are meant to be irreversible and unchangeable. By executing a hard fork and rewriting the rules by which the blockchain executes, Ethereum set a dangerous precedent that goes against the very essence of blockchain. If the blockchain is changed every time a large enough amount of money is involved, or enough people get negatively impacted, the blockchain will lose its main value proposition – secure, anonymous, tamper proof & unchangeable.

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Any services that are centralized can be decentralized using Ethereum. Think about all the intermediary services that exist across hundreds of different industries. From obvious services like loans provided by banks to intermediary services rarely thought about by most people like title registries, voting systems, regulatory compliance and much more.

While it’s still early days, Mist, MetaMask and a variety of other browsers look set to make blockchain-based applications accessible to more people than ever before. Even people without a technical background can now potentially build blockchain apps. This is a revolutionary leap for blockchain technology that could bring decentralized applications into the mainstream.

Cuanto vale un Bitcoin en 2009


Paul Krugman, Nobel Memorial Prize in Economic Sciences winner does not like bitcoin, has repeated numerous times that it is a bubble that will not last[92] and links it to Tulip mania.[93] American business magnate Warren Buffett thinks that cryptocurrency will come to a bad ending.[94] In October 2017, BlackRock CEO Laurence D. Fink called bitcoin an 'index of money laundering'.[95] "Bitcoin just shows you how much demand for money laundering there is in the world," he said.

Cuales son los mejores Cryptocurrencies para invertir en 2018


This dramatic volatility attracted global attention with the mainstream media running near-daily reports on the price of Ether. The publicity generated has been a major boon for the ecosystem, attracting thousands of new developers and business ventures alike. In 2018 the amount raised through Ethereum-enabled ICOs reached almost $8bn, increasing from just $90m in 2016. While the price of Ethereum has faced extreme volatility over the years, it is this volatility which has driven interest. After every boom and bust cycle, Ethereum comes out the other side with a fundamentally stronger platform and a broader developer community backing it. These fundamental improvements would suggest a positive long-term outlook on the price of Ethereum.

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En los sistemas de criptomonedas, se garantiza la seguridad, integridad y equilibrio de sus estados de cuentas (contabilidad) por medio de un entramado de agentes (transferencia de archivo segmentada o transferencia de archivo multifuente) que se verifican (desconfían) mutuamente llamados mineros, que son, en su mayoría, público en general y protegen activamente la red (el entramado) al mantener una alta tasa de procesamiento de algoritmos, con la finalidad de tener la oportunidad de recibir una pequeña propina, que se reparte de manera aleatoria.5​
As of May 2018, over 1,800 cryptocurrency specifications existed.[24] Within a cryptocurrency system, the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: who use their computers to help validate and timestamp transactions, adding them to the ledger in accordance with a particular timestamping scheme.[14]

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Transaction fees for cryptocurrency depend mainly on the supply of network capacity at the time, versus the demand from the currency holder for a faster transaction. The currency holder can choose a specific transaction fee, while network entities process transactions in order of highest offered fee to lowest. Cryptocurrency exchanges can simplify the process for currency holders by offering priority alternatives and thereby determine which fee will likely cause the transaction to be processed in the requested time.
As of February 2018, the Chinese Government halted trading of virtual currency, banned initial coin offerings and shut down mining. Some Chinese miners have since relocated to Canada.[32] One company is operating data centers for mining operations at Canadian oil and gas field sites, due to low gas prices.[33] In June 2018, Hydro Quebec proposed to the provincial government to allocate 500 MW to crypto companies for mining.[34] According to a February 2018 report from Fortune,[35] Iceland has become a haven for cryptocurrency miners in part because of its cheap electricity. Prices are contained because nearly all of the country's energy comes from renewable sources, prompting more mining companies to consider opening operations in Iceland.[citation needed]

Que es un intercambio criptomoneda descentralizada


Welcome to the 32nd Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of ExchangeCoin. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. ExchangeCoin was launched in November 2017 with an ICO that raised 650 BTC, equating to over $5,000,000 at the time. The token issued, EXCC, has a maximum supply of 32,003,133, with 4mn EXCC sold during the ICO. Further, the project also has a premine of 12.1mn EXCC, equating to 37.95% of the maximum supply (from which the 4mn was sold to the public in the token sale). The token itself operates on the Equihash algorithm, and underwent a hard fork in July 2018, after which the network migrated to a dual Proof-of-Work/Proof-of-Stake consensus mechanism, with 30% of block rewards rewarded to stakers and 70% to miners. The block reward is progressively diminishing, with the current reward at 24.5 EXCC per block, with 2.5-minute block times. 

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LTCUSD down trend in full effect and Clubber Lang predicts more pain ahead. Death cross and now 100 EMA has crossed the 200 EMA on the 1D chart. Likely sideways movement at mid to lower $50s for a short period then breaching the upper $40s to do the same thing over again in the mid then the lower $40s thereafter. Can't see going much higher than low $60s in the...

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In 2016 a decentralized autonomous organization called The DAO, a set of smart contracts developed on the platform, raised a record US$150 million in a crowdsale to fund the project.[25] The DAO was exploited in June when US$50 million in ether were taken by an unknown hacker.[26][27] The event sparked a debate in the crypto-community about whether Ethereum should perform a contentious "hard fork" to reappropriate the affected funds.[28] As a result of the dispute, the network split in two. Ethereum (the subject of this article) continued on the forked blockchain, while Ethereum Classic continued on the original blockchain.[29] The hard fork created a rivalry between the two networks.

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In October 2015,[62] a development governance was proposed as Ethereum Improvement Proposal, aka EIP, standardized on EIP-1.[63] The core development group and community were to gain consensus by a process regulated EIP. A few notable decisions were made in the process of EIP, such as EIP-160 (EXP cost increase caused by Spurious Dragon Hardfork)[64] and EIP-20 (ERC-20 Token Standard).[65] In January 2018, the EIP process was finalized and published as EIP-1 status turned "active".[62] Alongside ERC-20, notable EIPs to have become finalised token standards include ERC-721[66] (enabling the creation of non-fungible tokens, as used in Cryptokitties) and as of June 2019, ERC-1155 [67] (enabling the creation of both fungible and non-fungible tokens within a single smart contract with reduced gas costs).

As of May 2018, over 1,800 cryptocurrency specifications existed.[24] Within a cryptocurrency system, the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: who use their computers to help validate and timestamp transactions, adding them to the ledger in accordance with a particular timestamping scheme.[14]

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In October 2015,[62] a development governance was proposed as Ethereum Improvement Proposal, aka EIP, standardized on EIP-1.[63] The core development group and community were to gain consensus by a process regulated EIP. A few notable decisions were made in the process of EIP, such as EIP-160 (EXP cost increase caused by Spurious Dragon Hardfork)[64] and EIP-20 (ERC-20 Token Standard).[65] In January 2018, the EIP process was finalized and published as EIP-1 status turned "active".[62] Alongside ERC-20, notable EIPs to have become finalised token standards include ERC-721[66] (enabling the creation of non-fungible tokens, as used in Cryptokitties) and as of June 2019, ERC-1155 [67] (enabling the creation of both fungible and non-fungible tokens within a single smart contract with reduced gas costs).

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