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Litecoin Achieves Rare Crypto Milestone with 100% Uptime Since 2011
In a remarkable achievement, Litecoin has reached the milestone of 13 years without any interruption or downtime. This is an impressive feat in the cryptocurrency industry, where network interruptions and other technical glitches are commonplace.
Since its creation on October 23, 2011, Litecoin’s network has consistently processed millions of transactions flawlessly, making it one of the most reliable currencies in the space. This achievement demonstrates Litecoin’s commitment to providing a secure and seamless experience for its users.
The platform’s proof-of-work (PoW) mechanism relies on the Scrypt algorithm, which makes the network strong and resilient to wider participation. This has led to an increase in mining security, with the network hash rate exceeding 2 PH/s at block height.
This accomplishment can be attributed to Litecoin’s durable structure and constant improvements from community users.
The data also shows that Litecoin’s daily active addresses have been steadily increasing since its inception.
Source: cryptonewsland.com
