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Analyzed 17 days ago. based on code collected about 4 years ago.

Project Summary

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware. Litecoin provides faster confirmations (targeted at every 2.5 minutes on average) and uses memory-hard, scrypt-based mining to target the CPUs and GPUs most people already have. The Litecoin network is scheduled to produce four times as many currency units as Bitcoin.

One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisfy these goals. It is unlikely for FPGA or ASIC mining to take over Litecoin until the currency is widely used.

Tags

bitcoin currency

This Project has No vulnerabilities Reported Against it

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Languages

Languages?height=75&width=75
JavaScript
48%
Java
37%
CSS
7%
7 Other
8%

30 Day Summary

Sep 16 2013 — Oct 16 2013

12 Month Summary

Oct 16 2012 — Oct 16 2013
  • 31174 Commits
    Up + 29439 (1696%) from previous 12 months
  • 369 Contributors
    Up + 340 (1172%) from previous 12 months

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