📄️ Addresses & Prefixes
Users typically send coins to an encoded address, instead of directly to a public key. Usage of addresses is standard in all wallets. This has several benefits:
📄️ Checkpoints
Checkpoints are predetermined blocks that are hardcoded into a Litecoin client, and are used to verify the blockchain's validity.
📄️ DNS Seeds
DNS seeds are one of the methods used to find initial peers for Litecoin Core and SPV wallets like Litewallet.
📄️ Genesis Block
The first block on the Litecoin Network was created by Charlie Lee prior to the official release date.
📄️ Magic Numbers
Magic numbers appear at the start of all Litecoin network messages. For example the first 4 bytes of a Litecoin block include a Litecoin-specific magic number.
📄️ Proof of Work
Litecoin uses Scrypt Proof of Work (PoW), with parameters N=1024, r=1 and p=1. The salt is the same 80 bytes as the input.
📄️ Testnet
The Testnet is an alternative network designed for developers to build, experiment and test new Litecoin applications. Coins on the testnet
📄️ URI Schemes
Litecoin URI schemes simplify the flow of sending and receiving Litecoin by allowing users to click on a link or scan a QR code instead