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Text Content

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RECENT PAYOUTS

DateAddressReward 05-22-2022 6:40:28
MAKU4swqnThLGjSPt-EMi5rPRkwofDHZh7L
212 litoshi05-22-2022 6:40:25
16tPT7HCg7zfbskFT-f5j2tazFDQ4qJxHRk
195 litoshi05-22-2022 6:40:23
M9y6AcPExC5vXby7T-FZZK93xdGHnkzeLXv
222 litoshi05-22-2022 6:40:13
MKXa5o4PjnjrTBVpy-yjiGjKMWkiFf4hF2V
138 litoshi05-22-2022 6:40:09
MQtrYhq2Rs9wMfsEq-arWyEih7KWaknVSLM
207 litoshi05-22-2022 6:40:07
3D7iRSa8nXxZqzX4Z-HWD2Q1k4tSxFTcdcM
213 litoshi05-22-2022 6:40:01
MNTjhwrPqQLKSF6CT-JVBh7oNvw2daibR4v
124 litoshi05-22-2022 6:40:00
MLHKhH6PGwbBawdSt-PXmcHN95tE2RYTm44
217 litoshi05-22-2022 6:39:57
MLxMDbgJiUg1didQi-8t8r7hh22z7MiV3Qo
188 litoshi05-22-2022 6:39:55
MDeAiNiG7CGq4Ro9m-KTV5s1gKCGZ5aKHh6
180 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
 * ©2022 Claim Free LTC
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