LitecoinZ has been Developed by experienced Network engineers with Knowledge in Computer Engineering/Computer Science and communication technologies such as Enterprise Systems, Databases, Network Security, Encryption. LTZ-TEAM Developed LitecoinZ to be based on bitcoin code and compatible on the Zcash core. LitecoinZ utilizes the Equihash algorithm with ZK-snarks, T-addresses and anonymous Z-addresses. By combining the technologies, LitecoinZ is able to operate with high network performance with low fees and fast transaction to people worldwide, making LitecoinZ a highly scalable cryptocurrency for corporations and small or big businesses to incorporate into their Networks.
LitecoinZ is the 1st project 100% developed from community for the community and the 1st z-coin based with a Native GUI for Linux / Windows / Mac OS.
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.
|Total Supply||84 million||21 million||84 million||21 million||21 billion||21 million|
|Block Time||2.5 min||10 min||2.5 min||2.5 min||2.5 min||2.5 min|
|Block Size||2 MB||1 MB||1 MB||1 MB||2 MB||2 MB|
|Diff Adjustment||Every Block||2 Weeks||3.5 days||Every Block||Every Block||Every Block|
|Block Reward Halving|
|Block Reward Halving||4 years||4 years||4 years||4 years||4 years||4 years|
|Windows Wallet||✔||✔||✔||✔||out of date||─|