LitecoinZ

WELCOME TO THE DECENTRALIZATION

LTZ

LTZ Wallet White Paper

Litecoin

What is LitecoinZ?

LitecoinZ is a decentralized cryptocurrency based on bitcoin to be compatible on the ZCash core. It utilizes the Equihash algorithm with zk-SNARKs, T-addresses and anonymous Z-addresses. By combining the technologies, LitecoinZ is able to operate as a cryptocurrency with an ability to provide low fee an fast transaction to people worldwide.

LitecoinZ is the 1st project 100% developed from community for the community and the 1st z-coin fork with a Native GUI for Linux / Windows / Mac OS.

Mining Reward

Miners are currently awarded with 50 new LitecoinZ per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The LitecoinZ network is therefore scheduled to produce 84 million litecoinZ, which is 4 times bigger than Bitcoin.

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Technical Specifications

COIN NAME

LitecoinZ

COIN TICKER

LTZ

ALGORITHM

Equihash

PRIVACY

zk-SNARKs

BLOCK TIME

2.5 mins

BLOCK SIZE

2 MB

BLOCK REWARDS

50 LTZ

MAX SUPPLY

84,000,000 LTZ

LITECOINZ VS. OTHER COINS

Comparison Table

LitecoinZ Bitcoin Litecoin Bitcoin Gold BitcoinZ Zcash
Symbol
Symbol LTZ BTC LTC BTG BTCZ ZEC
  Total Supply
Total Supply 84 million 21 million 84 million 21 million 21 billion 21 million
  ASIC-resistant
ASIC-resistant
  Privacy
Privacy zk-SNARKs zk-SNARKs zk-SNARKs
  Block Time
Block Time 2.5 min 10 min 2.5 min 2.5 min 2.5 min 2.5 min
  Block Size
Block Size 2 MB 1 MB 1 MB 1 MB 2 MB 2 MB
  POW Algo
POW Algo Equihash SHA256 Scrypt Equihash Equihash Equihash
  Diff Adjustment
Diff Adjustment Every Block 2 Weeks 3.5 days Every Block Every Block Every Block
  Block Reward
Block Reward 50 12.50 25 12.50 12,500 12.50
  Block Reward Halving
Block Reward Halving 4 years 4 years 4 years 4 years 4 years 4 years
  Devs Reward
Devs Reward 20%
  Native GUI
Native GUI
  Database obfuscation
Database obfuscation
  Linux Wallet
Linux Wallet
  Windows Wallet
Windows Wallet out of date
  MacOS Wallet
MacOS Wallet

Roadmap

Download

Exchange / Trading LTZ

Mining Pools

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LitecoinZ Community