Litecoin - electronic payment system, established on the basis of Bitcoin, using the same name cryptocurrency.
Creating and sending Litecoin based on the protocol without centralized administration, based on the technology of Bitcoin. The program is open source.
Litecoin meant to be, as the evolution of Bitcoin, and has some differences from it.
Litecoin can be used to exchange for bitcoin or real money in exchange, as well as for electronic payment for goods / services from sellers who are ready to take them.
To ensure that the protection system is used and cryptographic methods.
In networks Bitcoin Litecoin and data is written in an identical manner - in a related chain of blocks each of which contains the hash of the previous. The only difference in the hash function and a given average residence time block network.
The computational complexity of Litecoin chosen in such a way that, on average, one block generated 2.5 minutes, which is four times faster than Bitcoin, that makes it easier to obtain confirmation of the transaction.
A transaction generally considered completed after six blocks or 15 minutes.For converting a Paysafecard voucher to Litecoin fill the form:
1. The Paysafecard voucher code (16 digits). For example: 1234-1234-1234-1234.
2. The exact amount of the voucher. Minimum 20 GBP / EUR / USD / AUD / CAD / CHF or 100 DKK / HRK / NOK / PLN / RON / SEK / SAR / TRY / AED etc.
3. Select currency Paysafecard voucher: Paysafecard GBP, Paysafecard EUR, Paysafecard USD, Paysafecard AUD, Paysafecard BGN, Paysafecard CAD, Paysafecard CHF, Paysafecard CZK, Paysafecard DKK, Paysafecard HRK, Paysafecard HUF, Paysafecard NOK, Paysafecard NZD, Paysafecard PLN, Paysafecard RON, Paysafecard SAR, Paysafecard SEK, Paysafecard KWD, Paysafecard MXN, Paysafecard TRY, Paysafecard AED.
4. Select Paysafecard country (location): United Kingdom, Australia, Belgique / Belgium, България / Bulgaria, Canada, Česko / Czech Republic, Danmark / Denmark, Deutschland / Germany, Éire / Ireland, España / Spain, France, Hrvatska / Croatia, Italia / Italy, Latvija / Latvia, Lietuva / Lithuania, Luxemburg / Luxembourg, Magyarország / Hungary, Malta, Nederland / Netherlands, Norge / Norway, New Zealand, Österreich / Austria, Polska / Poland, Portugal, România / Romania, Schweiz / Switzerland, Saudi Arabia, Slovenija / Slovenia, Slovensko / Slovakia, Suomi / Finland, Sverige / Sweden, United States, Κύπρος / Kıbrıs / Cyprus, الكويت / Kuwait, México / Mexico, Türkiye / Turkey, United Arab Emirates.
5. Select a payment method: Litecoin.
6. Enter your Litecoin wallet number. For example: LUg2jvDVeyTjaiTxaJYruNyo9NQs8Sxp3q
7. Enter your contact e-mail.
8. Enter security code.
9. Push "Exchange" button.
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