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Text Content

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RECENT PAYOUTS

DateAddressReward 02-28-2022 10:43:27
MQWhUBFRkEEx9XXV5-jcU8HLtp3c1BZdr2T
154 litoshi02-28-2022 10:43:26
MRPYoSPPXs7r2MuVF-L3wskQREYu8a1A3SE
256 litoshi02-28-2022 10:43:25
15QJqKkzrTZDYPPPX-9uLunj9rRTM9f9gdg
242 litoshi02-28-2022 10:43:24
MTMwBd8TBiCPbBFUN-WbRjCA2HWW6LbyBHN
239 litoshi02-28-2022 10:43:21
18sLGjXHUnYSFdRtE-8aV1baM4jrJDouCqs
107 litoshi02-28-2022 10:43:20
M8BjTKU95AMkMfc9Q-r6wVpHj8iyh8dCyTu
168 litoshi02-28-2022 10:43:20
bc1qnqyuhu7ulrnltrrc9-vp293ccz8qpty29wrr60z
231 litoshi02-28-2022 10:43:14
MAZEVtvqygf8R77ns-hpxrhsccqsszWXU5g
176 litoshi02-28-2022 10:43:07
MNLwYjPcV3S6MpzXE-7awihU2E8jLoLXHwZ
102 litoshi02-28-2022 10:42:58
MDC38gJpFgK85oUuk-bdr1hdhN4rzkDnXmL
213 litoshi




WHAT IS LITECOIN?

--------------------------------------------------------------------------------

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software
project released under the MIT/X11 license. Creation and transfer of coins is
based on an open source cryptographic protocol and is not managed by any central
authority. While inspired by, and in most regards technically nearly identical
to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and
most other major cryptocurrencies, such as the adoption of Segregated Witness,
and the Lightning Network. These effectively allow a greater number of
transactions to be processed by the network in a given time, reducing potential
bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost
and facilitates payments approximately four times faster than Bitcoin.


WHAT IS LITECOIN FAUCET?

--------------------------------------------------------------------------------

Litecoin faucets are a reward system, in the form of a website or app, that
dispenses rewards in the form of a litoshi, which is a hundredth of a millionth
LTC, 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. Rewards are dispensed at various predetermined intervals of
time. Faucets usually give fractions of a litecoin, but the amount will
typically fluctuate according to the value of litecoin.

Faucets are a great way to help introduce new people to litecoin, or to your
favourite altcoin. Many faucets provide information to newbies as well as
offering them some free coins so that they can try before they buy,
experimenting with a test transaction or two before putting real money on the
line. Since this whole area is so new and a bit scary to some people, who
perhaps don't quite trust it with their hard earned cash yet, this is a great
way to promote digital currency and bring in new users.


Sources: Litecoin, Wikipedia, YouTube

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