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Altcoin Discussion
Re: What exactly are litecoins?
by
Coinalot.net
on
09/10/2013, 20:16:22 UTC
Quote from: HyperBeam on October 09, 2013, 07:32:56 PM
They are mined with the scrypt algorithim, which is different from bitcoins.
Also, Litecoins are faster than Bitcoins because the average block time is only 2.5 Minutes.
This also means there will be 4x more Litecoins than Bitcoins.