Litecoin, also to provide the best environment for quick and secure transactions, also offers a cheap option. The currently reviewed system implements scrypt in its proof-of-work algorithm, which is mostly a sequential memory-hard function that needs more memory than a not memory-hard algorithm. The use of the previously described method makes Litecoin mining harder than Bitcoin's, which is a negative point in the comparison, but a difference nonetheless.
| Website | http://www.litecoin.org |
| Employees | View employees |
| Founded | 2010 |
| Address | 111 Market Pl 720, Baltimore, Maryland 21202, US |
| Phone | +1 877-303-4529 |
| Technologies |
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| Industry | Software, Software General, Cryptocurrency, Financial Services, Payments, Online Portals, Internet Services, Peer to Peer |
| Competitors | Stellar Development Foundation, Bitcoin Inc., Ethereum, Dash - Digital Cash (Cryptocurrency), Ripple Interactive, Dogecoin, The Cardano Blockchain, Zcash Company, BitcoinCash, Monero +32 more (view full list) |
| SIC | SIC Code 737 Companies, SIC Code 73 Companies |
| NAICS | NAICS Code 51 Companies, NAICS Code 518 Companies |
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Litecoin Questions
Litecoin is based in Baltimore, Maryland.
The NAICS codes for Litecoin are [51, 518].
The SIC codes for Litecoin are [737, 73].
