🗂️ Today’s key takeaways: Charlie Lee
Litecoin uses the Scrypt proof-of-work algorithm and aims for a block time of about 2.5 minutes—one quarter of Bitcoin’s.
Halving only reduces the amount of new supply. How the price moves still depends on market demand, and prices are often quite volatile around halvings.
Don’t invest money you’ve borrowed. The pressure can push you into making bad decisions.
$LTC is indeed Litecoin, created by Charlie Lee in 2011.
#LTC
Litecoin uses the Scrypt proof-of-work algorithm and aims for a block time of about 2.5 minutes—one quarter of Bitcoin’s.
Halving only reduces the amount of new supply. How the price moves still depends on market demand, and prices are often quite volatile around halvings.
Don’t invest money you’ve borrowed. The pressure can push you into making bad decisions.
$LTC is indeed Litecoin, created by Charlie Lee in 2011.
#LTC