Tag: litecoin

Rewards for Miners Have Been Halved on Litecoin’s Network

  • Today the Litecoin network reached block height of 1,680,000, which reduced its miners block rewards by a half, from 25 LTC per block to 12.5 LTC.
  • Even though the increased scarcity could push the price of the token up, it could also have an effect on the interest of Litecoin mining.

Bitcoin Surges $1,000 in 30 Minutes

  • BTC jumped from $9,364 to $10,430 in 30 minutes earlier today.
  • The sudden price hike resulted in liquidations of short positions worth $58.1 million on BitMex alone.

Japanese Exchange Bitpoint Suspends Services After a Hack

  • 3.5 billion yen worth of cryptocurrencies were stolen, 2.5 of them belonged to customers.
  • The hot wallet that was drained was holding BTC, BCH, XRP, ETH and LTC.

Litecoin Outshines Rivals in Advance of August Reward Halving

  • Litecoin has seen fantastic progress in both pricing and non-price metrics in 2019.
  • This superb performance could be connected to the mining reward halving that will happen on August 6.

New Blockchain Simulator Lets Anyone Experiment With Blockchains

  • The new blockchain simulator - SimBlock - lets anyone play around and experiment with the parameters of Bitcoin, Litecoin, and Dogecoin.
  • The simulator can run on any personal computer that supports JAVA, and allows its users to change and investigate the behaviour of blockchain nodes.

Litecoin ranked ‘Excellent’ in Adoption and Investment Return

  • Litecoin ranked highly by the respected Weiss Ratings.
  • The Litecoin Foundation has valuable partnerships and new goals ahead.

Web 3.0 and not Bitcoin will Bring a Revolution, According to Mike Novogratz

  • Michael Novogratz is a former Wall Street executive, a notable bitcoin bull and his opinion is always interesting to the public.
  • His logic shows that since BTC represents a somewhat “digital gold”, it is “not going to change the world”. He continued that he sees the introduction of Web 3.0 as an innovation that could actually change the world.

Ethereum Has the Most Active Protocol Developers, Bitcoin Forks Are Slowly Being Abandoned

  • Ethereum is a leader, with 216 active developers contributing code to Ethereum's github repos.
  • Bitcoin is firmly holding the second position, as 10 years after its creation enthusiasm looks unlikely to subside.

News of MimbleWimble Support And Beam Partnership Result In Litecoin Price Hike

  • Litecoin holders will be happy to see that the coin has pumped more than 20% within a single day.
  • After a successful rebrand, Litecoin devs have been eagerly working towards removing the stigma of being a copy+paste coin, or a monetized bitcoin mainnet.

Cryptocurrency Communities – Which Have Remained the Most Active (Part 4 of 4)

  • A glimpse through reddit activity, online forum presence and blockchain-based social media left little doubt that Bitcoin and Bitcoin Cash are leading the way, with Ethereum holding strong at position #3.
  • ERC20 tokens have little presence compared to full-fledged blockchains - BAT being an exception.