Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LTZ] LitecoinZ - The true Litecoin 2.0
by
LTZ-Team
on 19/05/2018, 11:27:31 UTC
LitecoinZ
The true Litecoin 2.0!



WHAT IS LITECOINZ?

LitecoinZ is a decentralized cryptocurrency based on bitcoin to be compatible on the Zcash core. It utilizes the Equihash algorithm with ZK-snarks, T-addresses and anonymous Z-addresses. By combining the technologies, LitecoinZ is able to operate as a cryptocurrency with an ability to provide low fee an fast transaction to people worldwide.

TECHNICAL SPECIFICATIONS

Coin Name : LitecoinZ
Coin Ticker : LTZ
Max supply : 84 Million
PoW algorithm : Equihash
Privacy : zk-SNARKs
Block Interval : 2.5 mins
Block size : 2M
Block Rewards : 50 LTZ (Halving every 4 years)
Dev Rewards: No develovers rewards! 100% to miners
Mining Hardware : CPU / GPU
Difficulty adjustment : Every block
Unique address format : Yes
Own signature : Yes
Own private key : Yes
Own public key : Yes
P2P Port: 29333
RPC Port: 29332

DECENTRALIZATION

LitecoinZ implements a new PoW algorithm, Equihash, that makes mining decentralized again. Special computer hardware designed for LTC mining (ASICs) is obsolete for mining LTZ, giving ordinary users a chance to mine with ubiquitous GPUs.

TRANSPARENCY

LitecoinZ is a free open source software project that is built by volunteer developers and supported by a rapidly growing community that stretches across the globe.

COMPARISON TABLE



MINING REWARDS

Miners are currently awarded with 50 new LitecoinZ per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The LitecoinZ network is therefore scheduled to produce 84 million LitecoinZ, which is 4 times bigger than Bitcoin.

NATIVE GUI

LitecoinZ, unlike many other coins deriving from zcash fork, is the only wallet to have a native GUI, easy to use and available for all supported platforms: Windows / Linux / Mac OS.



EXCHANGES






DOWNLOADS


POOLS


MEDIA AND SOCIAL


WEBSITE


BLOCK EXPLORER


ROAD MAP


WHITE PAPER