Litecoin

By Allen Andrews

Litecoin was created as an offshoot of Bitcoin and has often been referred to as Bitcoin's younger brother. But in recent years it has been proven to be much more than that. Taking the reins as a leading currency in its own right, this one-time derivative is now the fourth most valuable cryptocurrency, right behind Ethereum, Bitcoin Cash, and Bitcoin itself. And many experts who take note of the rapid increase in Litecoin have stated their belief that one-day Litecoin could very well overtake all of its peers as the number one cryptocurrency of the land. 

Now, more than ever, Litecoin has become quite a valuable commodity for any would-be cryptocurrency investor. If you would like to get in on the ground floor of this incredible new form of commerce, get this book! This book outlines all of the ins and outs of Litecoin like no other! This guide, in perfect detail, explains how Litecoin works, how it can be acquired, how it should be stored, and how to make a profit from it. Learn about the best wallet programs, cold versus hot storage, learn how to invest and trade, and learn how to keep your Litecoin secure. 

All of these things, and more are discussed in this comprehensive book. The author not only details Litecoin but also goes out of his way to explain the finer points of the block chain, QR Codes, and online commerce, helping the reader to better understand just how a cryptocurrency like Litecoin will fit into the daily life of the very near future. For those of you interested in delving into Litecoin yourself, or simply wishing to educate yourself about the latest powerful trends in the marketplace, this book is a must read! Get it today!

In this book you will discover:

• How to get started with Litecoin
• The Basics of Litecoin Wallets
• The Importance of the Block Chain
• How to Invest and Trade Litecoin
• Litecoin Security
• And more!

• Language: English
• Publisher: Allen Andrews
• Release date: Aug 2, 2019
• ISBN: 9781393961833

Book preview

Litecoin:

The Complete Guide to Understanding Litecoin Cryptocurrency and Litecoin Mining

By

Allen Andrews

All Rights Reserved. No part of this publication may be reproduced in any form or by any means, including scanning, photocopying, or otherwise without prior written permission of the copyright holder. Copyright © 2018

Table of Contents

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Table of Contents

Introduction: On the Lighter Side

Chapter 1: Litecoin and the Block Chain

Understanding the Genesis Block—Where the Block Chain Began

Carving Your First Litecoin Blocks

Litecoin and the Public Ledger

Trust and Consensus

Chapter 2: How to Get Started with Litecoin

Get Your Litecoin client

Acquire a Litecoin Wallet

Use Private Keys

Get with the Wallet Program

Get Used to QR Codes

Chapter 3: Litecoin Mining

What It Really Means to Mine for Data

Mining for Litecoin

Equipment Needed to mine Litecoin

Consider Joining a Mining Pool

Cloud Based Mining for Litecoin

Chapter 4: How to Use Litecoin Exchanges

Using an Exchange Platform

Making Use of an Exchange Intermediary

Person to Person Exchange

Chapter 5: Some More Advanced Litecoin Trading Strategies

Buying and Holding with Litecoin

A Little Litecoin Day Trading

Using Litecoin Investment Trusts

Chapter 6: A Look at Litecoin Security

Security Through the Block Chain

Keep Your Private Keys Secure

Make Use of a Digital Signature

Look Out for Time Jackers

Be Aware of Selfish Mining

The Threat of Denial of Service Attacks

Don’t Become a Zombie Litecoin Miner

Chapter 7: The Best Wallets for Litecoin

Cold Storage Wallets

Paper Wallets

Hardware Wallets

Mobile Phone Wallet

Chapter 8: Future Developments for Litecoin

The Future of GPU mining

Will Litecoin Win the Cryptocurrency Race?

Litecoin and the IOT

Litecoin and the World Economy

Elon Musk takes Litecoin to Mars

Conclusion: Litecoin—Rising Tide or a Sinking Ship?

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