How to get started with litecoin?

How to get started with litecoin?
 
If you're new to the cryptocurrency world, you'd be forgiven for not having heard of litecoin. The currency, which was created by Charles Lee in 2011, is the second largest digital currency next to bitcoin.




Here is our guide to what you need to know about litecoin.

SO LET'S TALK ABOUT LITECOIN.

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Who Owns The Data We Have?

CoinDesk spoke to the creators of an unusual
project that aims to establish a complete sports ecosystem on the blockchain.

 A Taiwanese insurance company is building a network of blockchain protocols to help its customers reduce the price they pay for coverage.

According to our source - This project differs from similar information-collecting initiatives by wearable providers in one crucial aspect: it will give ownership and control of the data to the user.

Developed by a team at Taiwan-based Fubon Life Insurance, Bravelog had its first live test last month at a triathlon. Wearables recorded race details as well as biometric data, and stored the information on a private version of ethereum built on Microsoft’s Azure platform.

The ultimate objective is to create a common platform that collects and synthesizes data from sports activities, which can then be accessed by a range of service providers, according to criteria set by the user.

If, along the way, the user can enjoy improved health and lower insurance premiums, so much the better.

 read more here ...

What is Bitcoin Faucets?

What is Bitcoin Faucets?

Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.

Bitcoin faucets were developed by  Gavin Andresen  in 2010  read more at wikipedia  (Article: Who is Gavin Andresen ?)

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 Digitaly Encrypted Currency

Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins.

• Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services.

If you want to know more then check out this related articles:

• What is the Bitcoin Transactions? 
• source: http://theriseofthebitcoins.blogspot.com/2016/02/what-is-bitcoin-transaction.html

• How does the bitcoin network actually work?
• source: http://theriseofthebitcoins.blogspot.com/2016/02/how-does-bitcoin-network-actually-work.html

Who is Gavin Andresen?

Gavin Andresen (born Gavin Bell) is the Amherst, Massachusetts-based chief scientist at the Bitcoin Foundation. He has access to the alert key that allows him to broadcast messages about critical network problems to all clients.

After graduating from Princeton University in 1988, Andresen began his career working on 3D graphics software at Silicon Graphics Computer Systems. In 1996, he co-authored the VRML 2.0 specification, and later published a reference manual for VRML 2.0.

 

for more information and important details about Gavin Anderesen. source: https://en.wikipedia.org/

Bitcoin - Digitaly Encrypted Currency!

Bitcoin is the representation of a virtual digital currency. It has no physical form of coins or banknotes. It not based on a central authority. It’s not produced by any particular country. It’s not controlled by any particular bank. Its production, storage, handling and all transactions are exclusively made in electronic form. Bitcoin is a peer-to-peer payment system and a digital open source exchange.

Bitcoin is also called crypto-currency

As it uses cryptographic methods to create and manage and to confirm the validity of transactions. The idea of a distributed crypto-currency, partly proposed in 1998. In 2009 the Bitcoin made its first functional appearance with the release of the first open source client, and the creation of the corresponding Bitcoins.

The author of the publication and creator of the corresponding software remained anonymous, using the pseudonym Satoshi Nakamoto. The actual identity, or even whether it is an individual or a group, remains a mystery until today.

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RELATED ARTICLES:

• What is the Bitcoin Transactions?
• source: http://theriseofthebitcoins.blogspot.com/2016/02/what-is-bitcoin-transaction.html

• How does the bitcoin network actually work?
• source: http://theriseofthebitcoins.blogspot.com/2016/02/how-does-bitcoin-network-actually-work.html

• Bitcoin Transactions – The Scriptsig and Scriptpubkey
• source: http://theriseofthebitcoins.blogspot.com/2016/02/bitcoin-transactions-scriptsig-and.html

What is Litecoin?

What is Litecoin?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

Open Source Software

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

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Related Articles: How to get started with Litecoin?

Download the list of software here.

Litecoin Core v0.10.4.0 released!

This is an important update, all users, especially miners are advised to upgrade.

DOWNLOAD LITECOIN CORE FOR WINDOWS



DOWNLOAD LITECOIN CORE FOR GNU/LINUX 



DOWNLOAD LITECOIN CORE FOR MAC OS X 



DOWNLOAD LITECOIN FOR ANDROID & BLACKBERRY 

 

ELECTRUM LITECOIN 



LITECOIN CORE GITHUB  ANDROID GITHUB

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