October 4, 2017
DescriptionLitkoin is Decentralized P2P cryptocurrency and open source software project released under the MIT/X11 license (first version from Litecoin basically). Litkoin is global payment network that is fully decentralized, using the algo scrypt as proof-of-work algorithm to secures the network and empowers individuals to control their own finances. Because so many other coins out there serve different purposes and applications in our daily lives, Litkoin has been created to not just to become store of value, but to also be used in PSP (Platform, Service, and Products). Our team believes that it will be highly demanded coin, since it is an open source project. Many developers have participated in this project, which has enabled Litkoin to become more useful into future, not just the simple store of value. Our team is dedicated to optimizing and improving the way payments and transactions are made. We have created a monetary unit that allows for people to make nanotransactions and micropayments within minutes while providing security and anonymity. We have done this by shortening the block time and limiting the transaction fees. Litkoin has some of the lowest transaction fees, being 0.001 LTK.