Litecoin was announced in 2011 by Charlie Lee with the goal of being the silver to Bitcoin’s ‘gold’. One of the largest differences between Bitcoin and Litecoin, is that Litecoin has a coin limit of 84 million, whereas Bitcoin has a coin limit of 21 million.
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Bitcoin is the first successful cryptocurrency. Like any currency, cryptocurrencies can be used to buy or sell goods and services. Unlike fiat currencies, like the US dollar (USD) and the euro (EUR), the Bitcoin network is both decentralized and digital. But what does that mean exactly?
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