With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers.
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
Coin Days Destroyed (CDD) is a concept introduced in a 2011 Bitcoin Forum thread. While the method was created to measure economic activity on Bitcoin, it could also be used on networks with a similar technological structure to Bitcoin like Litecoin. The post A look at Litecoin’s ‘Coin Days Destroyed’ appeared first on The Block.
Bitcoin, which has soared sharply higher over the last few months, has suddenly turned, losing almost 15% in value over the last 24-hours and sparking fears the latest bubble has burst...