Sep 7, 2018 - Virtual currencies, digital currencies. See more ideas about Bitcoin, Virtual currency, Cryptocurrency. Since Litecoin is based on Bitcoin's open source code, it shares several functions with the latter. We at Bitbns believe people should have access to any genuine currency they would wish to trade. Hence we after initially launching with bitcoin are adding Litecoin and for more people to get the currency we are introducing a flash sale. Bitcoin is a digital or virtual currency created in 2009 that uses peer-to-peer technology to facilitate instant payments. It follows the ideas set out in a whitepaper by the mysterious Satoshi ... Litecoin: Launched in the year 2011, Litecoin is an alternative cryptocurrency based on the model of Bitcoin . Charlie Lee, a MIT graduate and former Google engineer, is Litecoin's creator ... Like Bitcoin, there are only 21 million NameCoins available to be mined and it is a cryptocurrency. What makes NameCoin different, however, is the fact that it has actually been designed as a domain registration system, not a virtual currency. NameCoin creates domain name registrations ending with .bit and acts as a decentralized DNS. Instead ... The likes of Namecoin (Bitcoin’s first fork) and Litecoin followed the original idea of decentralized money and triggered the development of other altcoins. Today, there are lots of them. Litecoin is universal and can boast of the fact that the transaction confirmation on its blockchain is 4 times faster than it is on Bitcoin’s. Litecoin now has a market cap of $410.8m, making it the second biggest cryptocurrency after bitcoin’s $7.7bn – but far from the only alternative math-based currency out there. Cryptocurrency ... In addition to bitcoin trading, it also offers other virtual currencies: litecoin, namecoin, peercoin and some others. The fiat currencies on offer are USD, EUR, and RUB. Please note that this is a well-hidden exchange, with no clues regarding the identities of the individuals behind it and where the exchange is truly based.
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