Litecoin's mining algorithm, Scrypt, is newer than the SHA-256 algorithm used by Bitcoin. It also doesn't require as much computing power. Mining algorithms are sets of rules that govern the ...

Nasdaq moves forward with Canary Capital's Litecoin fund bid through crucial regulatory filing, signaling a potential third ...

Both use proof-of-work (PoW) consensus mechanisms, but Litecoin utilizes a different algorithm called Scrypt, compared to Bitcoin’s SHA-256. The Scrypt algorithm is more memory-intensive and was ...

One key technical difference Litecoin has with Bitcoin is its mining algorithm, Scrypt, which makes it easier for users to generate hashes with commonly available hardware and participate in the ...