Disclaimer: Yaahub trades and process only Crypto Currencies. We do not process any fiat currencies or their payment gateways in this website.

Litecoin - a lite version of Bitcoin.

Litecoin - a lite version of Bitcoin.

WHAT IS LITECOIN?

Yaahub confirms that 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, a 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.

 

Blockchain

Yaahub informs the Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.

As a result, merchants get faster confirmation times, while still having the ability to wait for more confirmations when selling bigger ticket items.

Wallet Encryption

Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending litecoins.

This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.

Please visit the current website of Litecoin: https://litecoin.org/

Current Alexa Ranking:

Global Rank: 247,531

Rank in United States: 141,790

Country Percent of Visitors Rank in Country
United States 27.0% 141,790
India 8.3% 139,253
United Kingdom 5.7% 120,079
Iran 5.4% 80,690
Russia 3.8% 179,636

Source Link: https://bitcointalk.org/index.php?topic=47417.0

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