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OFF-Topic: Questions about Litecoin are generally off-topic unless they are applicable to Bitcoin. Litecoin is 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.
2
votes
Litecoin transaction fee structure?
The client calculates the priority of the transaction, which is defined as coin days destroyed (i.e. number of coins times coin age) divided by transaction size. If it is above a certain level, the tr …
4
votes
Accepted
Is there any evidence that the Litecoin network is significantly affected by botnet mining?
I have the privilege of answering your question a year later, where GPUs have taken over Litecoin and all of its derivatives. Currently, botnets would be better off mining a CPU coin like Primecoin. … That said, there is evidence of botnet mining for both Litecoin and Primecoin. …
0
votes
How many confirmations in litecoin block explorer
On the front page of http://block-explorer.com, there will be a table, and the top number under "Block #" is the most recent block. On an address page, it will let you know the block number of the tra …
1
vote
Is there any way to prevent intra wallet transaction fees?
To reply to your updated question: If you have two addresses in your wallet, and want to send coins from one of the addresses to the other, then you do have to pay fees. The network doesn't know wheth …
1
vote
Litecoin - how to calculate the difficulty from 2^-N
First of all, actual difficulty is defined as the number d such that the probability of a random hash being valid is 1/(d*2^32). In other words, the hash needs to have at least 32 + log_2(d) zeros in …
1
vote
Accepted
How to close debug window (qt client on linux)
Just right-click on the top bar, and it will bring up a menu that allows you to close it.
-1
votes
What is the recommended OS for compiling a Windows binary for Litecoin?
I have compiled litecoin-qt on Ubuntu 12.04 before. … First install the necessary packages:
sudo apt-get install qt4-qmake libqt4-dev build-essential libboost1.48-all-dev libssl-dev libdb++-dev libminiupnpc-dev
Then, in the directory of the litecoin source …
2
votes
LiteCoin Wallet balance does not match block-explorer.com
Not all of the addresses in your wallet are displayed in the QT client. There are certain addresses called change addresses which your client creates automatically when you send coins and have some le …
1
vote
Best strategy for using hundreds of 1 kh/s CPU litecoin miners
If you don't want to hold those coins, you can sell them on an exchange for Bitcoin or Litecoin. …