Difference between revisions of "Bitcoin and Litecoin Comparison"
From Litecoin Wiki
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==Total number of coins in existence== | ==Total number of coins in existence== | ||
| − | The total number of litecoins that will come into existence is 4 times the total number of bitcoins that will come into existence, 84 million compared to 21 million. The reward for each Litecoin block is 50 litecoins. The rate of litecoins generation is halved every 840,000 blocks, i.e. 4 times more blocks than with Bitcoin. Since Litecoin blocks are generated 4 times faster than Bitcoin blocks, this means that the monetary inflation of Litecoin follows the same trajectory as that of Bitcoin | + | The total number of litecoins that will come into existence is 4 times the total number of bitcoins that will come into existence, 84 million compared to 21 million. The reward for each Litecoin block is 50 litecoins. The rate of litecoins generation is halved every 840,000 blocks, i.e. 4 times more blocks than with Bitcoin. Since Litecoin blocks are generated 4 times faster than Bitcoin blocks, this means that the monetary inflation of Litecoin follows the same trajectory as that of Bitcoin [https://en.bitcoin.it/wiki/Controlled_Currency_Supply] [http://en.wikipedia.org/wiki/Bitcoin#Monetary_differences], so for example at the year 2020 around 3/4 of all litecoins will have already been generated. |
==Bug fixes== | ==Bug fixes== | ||
