-
Cryptocurrencies
-
Exchanges
-
Media
Cryptocurrencies: 22098
Exchanges: 630
Market Cap: $$3.01T
24h Vol: $166.14B
Dominance: BTC: 59.7% ETH: 12.5%
ETH Gas: 29 Gwei
All languages
Cryptocurrencies
Exchanges
Media
Litecoin Proof of Stake (Litecoin PoS - LTCP) is the first integration of two of the most important technical achievements of the world's cryptocurrencies - Litecoin, Proof of Stake mechanism. Today, Litecoin core continues to use the proof-of-work mechanism, which is a slow consensus algorithm that is good for preventing 51% attacks, has high mining costs, is harmful to the environment, and has poor scalability. However, Litecoin has many unique innovations to preserve, such as its 84 million token supply model and proven codebase developed by many of the world's foremost software engineers and cryptographers.