litecloud is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using coin mixing technology, we call it Obfuscation.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
- Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10000 LiteCloud
More information at Litecloudproject.com
| Ticker Symbol | ltcl |
| Algorithm | Quark |
| Type | PoW - PoS Hybrid* |
| Block Time | 300 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoS) | 25Mil ltcl |
| Premine/Initial Supply | 4% |
| ltcl Created Per block | 20 ltcl* |
| Proof Of Work Phase | 1-25920 Blocks. |
| Proof of Stake Phase | 25921-infinite |
| Masternodes | Yes -10000 ltcl Required |
| Wallet Staking | Yes - 1 to infinite ltcl |
| ltcl Produced | 25 ltcl Per Block |
| Amount Designated for Rewards | 100% of ltcl produced goes to Staking Rewards |
| Rewards Algorithm | Teeter Totter Based Targeting System |
| Amount of Rewards Per Block | 2 Rewards, 1 for Masternodes, 1 for Wallet Staking |
| Coin Maturity to Stake | 150 Blocks |