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Questions tagged [litecoin]

This tag should be used for questions regarding Litecoin, a cryptocurrency based on Bitcoin. Litecoin is very similar to Bitcoin with a few distinguishing differences: blocks that are mined every 2.5 minutes on average and the scrypt hashing algorithm for its Proof of Work algorithm.

24
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6answers
183k views

Where can I buy Litecoin?

I know Litecoin is sold on Coinbase, but I'm wondering if anyone has compiled a list or knows of other exchanges selling the currency?
18
votes
1answer
3k views

What are the differences between Bitcoin and Litecoin?

What are the differences between the Bitcoin and Litecoin algorithms and protocol?
18
votes
3answers
1k views

Looking for nonces of even numbers

Each one of bitcoin and its derived crypto-currencies has a nonce value in the block, no matter what the algorithm is. Every miner tries to search for a luck nonce which can make the hash value ...
13
votes
1answer
507 views

Litecoin has had SegWit for one month, what impact did that have?

Litecoin activated SegWit about one month ago on May 10th (block 1201536). What impact did the SegWit activation on Litecoin have? How many blocks have a witness commitment? How many SegWit ...
11
votes
3answers
2k views

Can you pay with Litecoin anywhere you can pay with Bitcoin?

Can you pay with Litecoin at any place that accepts Bitcoin? If no where can you spend Litecoins?
11
votes
1answer
4k views

How do exchanges decide on cryptocurrency trading pairs?

Cryptocurrency trading pairs for example ltc/btc, doge/btc should be paired using some criteria. I'd like to comprehend on what basis they are paired.
10
votes
4answers
13k views

Can I view price graphs for alternative currencies, longer than 12 hours?

AFAIK, btc-e.com is the only place to show LTC/BTC price graph. Is there a way to view these graphs for longer than the ~ 12 hours that are shown by default?
10
votes
3answers
98k views

Is it worth mining Litecoins?

Is it worth mining Litecoins and then exchange them for Bitcoins (because I am not sure if there will be space for more crypto currencies in the future)? I can get about 25k hash/sec by CPU mining on ...
10
votes
2answers
11k views

Can I buy Litecoin with Paypal or a credit card?

I've been looking into Litecoin Lately and couldn't find any easy option to buy it using a credit card or my Paypal account. Am I missing something or is it just not possible ?
9
votes
2answers
12k views

Can ASIC or FPGA boards be used to mine Litecoin?

I know that Litecoin was designed to be mined with a CPU but then someone figured out how to mine it with a GPU. Has anyone figure out how to mine Litecoin with an ASIC or FPGA boards, and if not is ...
9
votes
3answers
4k views

Is there a way to tell which *coin is most profitable to mine?

Basically a program that could run some hashes for all of the different hash functions that are used in the different big cryptocurrencies and then get the current difficulty from all of them. From ...
8
votes
4answers
8k views

What is the economic value of Litecoin? Is it simply a subdivision of BTC?

The main differentiator between Litecoin and Bitcoin appears to be the quantity of coins available, the frequency in which the blocks are mined, and the mining technology is different. The first ...
7
votes
4answers
3k views

is it possible to launder bitcoin by exchanging it for litecoin and then back to bitcoin?

The scenario I was thinking of was I have some bitcoin from doing Bad Things (TM) that I want to launder. I could register with kraken.com and trade only virtual currencies with the L1 verification ( ...
7
votes
2answers
16k views

Why is my p2pool share not payed out?

I'm mining Litecoins in the q30.qhor.net P2Pool node at a current rate of around 75 kH/s. I've been reading that decentralized p2pool mining differs a bit from centralized mining pools, e.g. that you ...
7
votes
3answers
12k views

Using btc-e in the United States and depositing/withdrawing USD into btc-e?

I am located in the United States, and was wondering about the complications of using btc-e to make trades in the USA, such as the complications in depositing and withdrawing money in the form of USD. ...
7
votes
1answer
6k views

Where can I find the current fee level for LTC?

I'm currently working on something that needs to estimate the fee for Litecoin transactions. Where can I find an overview of the Litecoin fee market? The Litecoin wiki on Fees has been last updated ...
7
votes
4answers
5k views

Where can I trade my altcoins?

I'm looking for an exchange to trade my altcoins against each other to take advantage of the volatility. Any suggestions for altcoin exchanges?
6
votes
2answers
13k views

What happens if you send Bitcoin to a Litecoin address?

Is it lost forever? What about the reverse: sending Litecoin to a Bitcoin address?
6
votes
1answer
9k views

How to connect to RPCPORT=9332 via LAN

I edited litecoin.conf file... To this: testnet=0 rcpuser=user rpcpassowrd=pass rpcport=9332 server=1 I use minerd with litecoind and when I try to connect to the local machine 127.0.0.1:9332 ...
6
votes
1answer
619 views

Recovering the last few digits of a Litecoin private key

Is it possible to recover the last few lost digits (10) of my Litecoin wallet private key? Are there any recovery tools available? Or will I have to try and roll my own? Crucially, what crypto ...
6
votes
4answers
31k views

Are there any online wallets available for Litecoin?

Are there any litecoin wallets available on the internet right now? I have a mac and the mac version software is very confusing.
6
votes
5answers
1k views

Who are creating all the alternate cryptocurrencies?

Everyone knows Bitcoin and Litecoins goes hand in hand and they are the most popular cryptocurrencies out there. But who is creating all these alternative cryptocurrencies such as Feathercoin, ...
6
votes
8answers
40k views

Getting an online Litecoin wallet

I want a litecoin wallet to store the litecoins that I am going to buy with my bank account. I wanted to use ltc-wallet.com but when I try to go the site, it doesn't load. Also, when I went to sign up ...
5
votes
4answers
33k views

Should I mine bitcoins or litecoins?

I don't pay for my own power, but I have two problems mining. I am CPU mining at 250 mhash/s because my AMD Radeon HD 7800 series graphics card will only produce 4.0 mhash/s (the other problem I'm ...
5
votes
3answers
9k views

How do I lookup Blockchain sizes for crypto-currencies like Litecoin and Dogecoin?

I am new to mining cryptocurrencies. I am planning to set up a wallet for both Litecoin and Dogecoin. I am just curious on asking what are the current total blockchain sizes of both coins? This is to ...
5
votes
6answers
25k views

CGMiner no output (LTC GPU mining)

Here is my run command: cgminer -o stratum+tcp://coinotron.com:3334 -u user -p pass --scrypt the only output in my terminal I get is (and only this): [2013-11-30 11:34:02] Started cgminer 3.7.2 if ...
5
votes
1answer
545 views

How does scrypt pow work?

Bitcoin's pow is sha256, the hash of header is taken and check against a given target to see whether it is smaller than the target, this can be easy seen as block hash starts with zeros. But how does ...
5
votes
1answer
2k views

What is the difference between BTC/LTC & LTC/BTC markets?

I am little bit confused about markets, In cryptsy there is a market for LTC/BTC in which we can buy or sell LTC using BTC My questions are, Is both LTC/BTC & BTC/LTC are the same? I have tried ...
5
votes
4answers
7k views

What does Litecoin offer over Bitcoin?

Litecoin is different from Bitcoin in the following ways, however none of them are particularly useful and on the contrary are only less worthy. 84 million vs 21 millions: since Bitcoin is divisible ...
5
votes
2answers
14k views

Is CPU mining worthwhile for Litecoin? FPGA? GPU?

I'm interested in solo mining on Litecoin. Where can I learn about (or what math is required) two tell if this is feasible/profitable? Currently I have 30+ CPUs running as solo miners for 40 hours ...
5
votes
3answers
4k views

Where can I download the Litecoin binary for OSX?

Where can I find a compiled litecoin minerd binary for Mac OS X? Perhaps a multi-coin implementation?
5
votes
2answers
4k views

What is the difference in hashing algorithm between bitcoin and litecoin?

I am having trouble finding litecoin mining specifications. I would first of all require something like this: https://en.bitcoin.it/wiki/Block_hashing_algorithm Except for litecoins. I need to know ...
5
votes
2answers
2k views

What is needed to create a pool with merged mining?

What is needed to create a new pool with merged mining? (Bitcoin, NameCoin, and possibly others)? I'd like to create a new pool that will Include transaction fees in the payout Charge no pool fees ...
5
votes
1answer
6k views

Why does Litecoin have lower transaction fee than Bitcoin?

Is it only because LTC doesn't have as many users as BTC? Or do the faster confirmation times also help with lowering fees? Thanks
5
votes
1answer
8k views

CPU vs GPU Mining (FTC) - CPU wins? How?

I've read many times over a long period of time that GPU will win out against CPU every time if you use hardware of a similar tier/age. However, i've been toying around today with some FTC mining and ...
5
votes
1answer
187 views

All else being equal which is better for the environment, Litecoin or Bitcoin?

Does scrypt mining inherently confer any environmental benefit or energy efficiency for the same level of service provided?
5
votes
3answers
2k views

Does LTC price correlates to BTC price?

I always expected the LTC and BTC exchange rate to show synchronous tops/bottoms, but to my surprise LTC seems to remains stable during BTC crashes (and vice versa). Is this because I'm a novice at ...
5
votes
2answers
1k views

Slow but effective mining as a learning tool

Most discussion about mining is from the perspective of serious Bitcoin users who are trying to profit from it. I’m curious to try mining, only to experiment and become more familiar with ...
5
votes
1answer
3k views

What would the rough hash rate for an ec2 instance be - litecoin

High-CPU Extra Large Instance 7 GiB of memory 20 EC2 Compute Units (8 virtual cores with 2.5 EC2 Compute Units each) 1690 GB of instance storage 64-bit platform I/O Performance: High EBS-...
4
votes
3answers
49k views

5 GH/s Bitcoin Miner from Butterfly Labs can mine Litecoin?

I was wondering buy this ASIC miner of 5GH/s to mine Litecoin. I want know, can I mine Litecoin with this powerful tool? If not, there any ASIC miner's that can mine Litecoin?
4
votes
2answers
1k views

Bitmain AntMiner U1 1.6GH/s - USB Bitcoin ASIC Miner

I am looking at getting a Bitmain AntMiner U1 1.6GH/s - USB Bitcoin ASIC Miner to mine LTC and doing a few calculations. I have used a few LTC profit calculators: https://bitmakler.net/...
4
votes
4answers
9k views

Litecoin difficulty and reward

How can I know difficulty value and reward for Litecoin network ? I'm looking for website such as http://blockexplorer.com/q/bcperblock http://blockexplorer.com/q/getdifficulty to get difficulty ...
4
votes
1answer
7k views

How to setup a DNS Seeds node and a Seed Node (for Litecoin clone)

I'm doing this for study purposes (creating a Litecoin clone). I read somewhere that for SCRYPT clones, the DNS Seeds nodes aren't necessary? If I do need them, how to I setup these nodes. I know a ...
4
votes
2answers
4k views

g++ problem compiling litecoind on Ubuntu Server i386

I am trying to compile litecoind on Ubuntu 11.10 i386 server. I used this recipe I found: git clone https://github.com/coblee/litecoin.git cd ~/litecoin/src/ make -f makefile.unix litecoind mkdir ~/....
4
votes
1answer
755 views

Are Bitcoin and Litecoin test addresses compatible?

It seems to me that they are. I mean you can send test bitcoins to test Litecoin addresses. I don't think it's problem at all, but it can cause some confusion. Real addresses cannot be mixed, but I ...
4
votes
1answer
427 views

Why is a short blocktime considered to be unsafe?

I've heard a couple of times "a shorter blocktime is unsafe," (first about Litecoin and now Ethereum) but never understood why. Is it the higher probability of a fork? Why do some people consider a ...
4
votes
3answers
397 views

What reasons are there to mine and support Litecoin?

There are many examples of Bitcoin being accepted as a means of exchange in online transactions. I haven't found any such examples for Litecoin. So, what is the value in LTC mining? What is LTC's ...
4
votes
2answers
2k views

how does Scrypt use memory?

I saw in some places that Scrypt uses a lot of memory, therefore a good supply of system RAM is needed to hash with it. however, I saw in other places stating that is ONLY uses L2 Memory. which one ...
4
votes
1answer
1k views

Is there a source for historical LTC trades available?

From bitcoincharts.com can download historical trade histories for BTC on various exchanges vs various currencies. Where can I find something comparable for LTC? I want to get historical trades ...
4
votes
2answers
3k views

Multi-currency wallet api

I need a api or an application that can generate and handle (send/receive and so on...) multi currency wallet. For an example: It can generate dogecoin address, bitcoin address, litecoin address, ...