Litecoin Price Analysis: Charlie Lee Confident as LTC Melt Below $35

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For a long time now, talk has been on proof of work consensus algorithms and their modus operandi. On one hand, the transaction confirmation protocol has been around since early 1990s only getting traction from early 2000s after Bitcoin roll out.

Read: Bitcoin maximalists reveal Proof of Keys failures but is it all just FUD?

On the other, the system is a hallmark of decentralization but gobbles up power because of the energy demanding mathematics. As we know power is...


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