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From Wikipedia, the free encyclopedia. The topic of this article may not meet Wikipedia's notability guideline for web content. Please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention. If notability cannot be established, the article is likely to be merged , redirected , or deleted. Retrieved 29 October Retrieved 30 December History Economics Legal status.

List of bitcoin companies List of bitcoin organizations List of people in blockchain technology. Retrieved from " https: Bitcoin Online advertising Cryptocurrencies. Articles with topics of unclear notability from May All articles with topics of unclear notability. Views Read Edit View history. This page was last edited on 4 May , at By using this site, you agree to the Terms of Use and Privacy Policy. Litecoin was released via an open-source client on GitHub on October 7, by Charlie Lee, a former Google employee.

It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time 2. In May , Litecoin became the first of the top-5 by market cap cryptocurrencies to adopt Segregated Witness. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.

The release included fixes for vulnerabilities and added enhanced security to the Litecoin network. The Litecoin developer team released version 0. The new version offered a 20x reduction in transaction fees, along with other security and performance improvements in the client and network.

The source code and binaries were released early to people in the " litecoin" IRC channel, on the official Litecoin forums, and on Reddit, with information for power users to add a Litecoin supernode to the configuration file, while the main site was to be updated after enough of the network was running the new version.

This release method was used to ensure that the low fee transactions from version 0. In April , a new version of Litecoin was released, version 0. A drawback is a higher probability of orphaned blocks.


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