Litecoin Foundation is a non-profit organization that was created to provide fast, secure, and near-zero-cost payments.
Company Details
- Founder: Charlie Lee
- Founded: 2011
- Headquarters: Singapore
Key Features:
- A Litewallet that allows users to manage their Litecoin holdings.
- Educational resources to help users know how to use Litecoin effectively.
- Litecoin employs the Proof-of-Work (PoW) consensus mechanism to confirm faster and error-free transactions.
FAQs
1. How does Litecoin work?
It operates on blockchain technology where every transaction is recorded on a public ledger
2. Who is the founder of Litecoin Foundation?
Charlie Lee
Singapore
Honduras
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