Litecoin current price is $80.41.

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Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.Why Litecoin?Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.Litecoin Technical Details:The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

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About STEPN

STEPN is a Solana token for a lifestyle app that encourages users to “move-to-earn.” STEPN users equip themselves with NFT sneakers can earn GMT by walking or running outdoors. GMT can be used to pay for digital items and upgrades as well as staking and voting on future changes to the platform. By walking, jogging, or running outdoors, users will earn game currency, which can either be used in-game, or cashed out for profit.

To start, users need to download the STEPN app

1. 1.Download the STEPN app Download from linktr.ee/stepnofficial.
2. 2.Sign-up for STEPN After getting access to the app on your respective device, you will be able to sign up for STEPN with your email address. You will receive a verification code that you need to key in to enter the app
3. 3.Create a new Wallet Click on the Wallet icon on the top right corner of the screen. The app will generate a 12-word secret phrase. This will be used to recover your Wallet if you uninstall the app or forget your password. Important – Note this phrase and save it somewhere safe (Write it down physically and store it somewhere only you will have access to.)
4. 4.Transfer SOL into your in-app Wallet Transfer SOL to in-app wallet to buy NFT Sneakers in the Marketplace and always keep some SOL as gas in your Wallet account.
5. 5.Purchase a Sneaker Head over to the in-app Marketplace and pick out a Sneaker! You can use the Filter tool to look for a Sneaker type of your preference. Ensure you have enough SOL for the purchase.