Litecoin (LTC) ​ - iTeach

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Litecoin (LTC)

What is litecoin ?

Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Inspired by and technically nearly identical to Bitcoin (BTC), Litecoin creation and transfer is based on an open source protocol and is not managed by any central authority. Litecoin is intended by its developers to improve upon Bitcoin and offers three key differences.

As of November 19th, 2013, 1 LTC is worth approximately 8 USD. This makes Litecoin the second largest cryptocurrency with a market cap of around 220 million USD.

Each Litecoin is subdivided into 100,000,000 smaller units, defined by eight decimal places.(Wiki :pfft:)

Getting started with LTC :- Well LTC is the second most biggest crypto currency in net , BTC is Gold and LTC is silver , to start with LTC , you have to download its client. Download LTC client here :- https://litecoin.org/ (win/linux/mac) . after downloading client , install it and wait for all the blocks to be download , as always it will take time. After that goto receive tab and get ur LTC address.

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Now lets start with earning LTC

Free LTC giveaway :- unlike BTC there are very few site which give free LTC , here are few LTC giveaway site which u can use Litecoiner i will add more alter.

As like BTC you will have to mine to earn LTC

Solo mining:- Here is a very good tutorial Litecoin LTC mining guide, cpu

Pool mining :- Download cgminer (just google it) and join any pool and start pool mining.(Ex. pool Litecoin Mining Pool)

Happy Mining LTC :)

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Goldcoin (GLD)

Glodcoin (GLD) is a new crypto currency . They are making there market very fast , be a early bird and get some GLD in ur account who knows may be GLD become the next BTC :|

What is Goldcoin:- Goldcoin is a new cryptocurrency just like BTC , LTC

Getting started with GLD:- First download there client from Get Started | GoldCoin (GLD)

Run the installation program that you just downloaded.Start the Goldcoin client

Editing or Checking the Settings in goldcoin.conf

The configuration settings for the Goldcoin client are stored in the gldcoin.conf file which is located here: %appdata%\GoldCoin (GLD)\goldcoin.conf [1].

In Windows Vista, 7 and 8 this is C:\Users\<username>\AppData\GoldCoin (GLD)\goldcoin.conf

In Windows XP it is this: C:\Documents and Settings\<username>\Application Data\GoldCoin (GLD)\goldcoin.conf


After running the client wait for all the blocks to be downloaded , after that click receive tab this is ur GLD address for receiving GLD :)

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Mining:-

Mining of GLD is easy , you can do solo mining with the help of the miner just click mining tab

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And for pool mining join and pool and select pool mining in the client add the credentials and click start mining :)

Free GLD:- register here https://www.gldtalk.org/ , post in newbie section and get 100GLD for free , this is promotion offer , at the time of starting this thread this offer was working :)

Now start earning your free GLD ;)

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