Let’s Play: Litecoin True Or False

updated

  • Question of

    Litecoin was created by Charlie Lee

    • True
    • False
  • Question of

    The Litecoin creator, made over 10 million dollars selling his coin

    • True
    • False
  • Question of

    The maximum amount of Litecoins that will ever be created is 83 million

    • True
    • False
  • Question of

    Litecoin uses the scrypt hashing algorithm

    • True
    • False
  • Question of

    Litecoin emerged in 2011

    • True
    • False
  • Question of

    Litecoin was hacked in June 2016, forcing a rollback of the blockchain

    • True
    • False
  • Question of

    Litecoin takes about 5 minutes to transfer from peer to peer. An impressive half the amount of time Bitcoin takes

    • True
    • False
  • Question of

    The Litecoin founder went to MIT

    • True
    • False
  • Question of

    Litecoin has experienced just one instance of downtime in 9+ years

    • True
    • False
  • Question of

    Litecoin is a proof of work coin

    • True
    • False

Check your answers:

Written by Crypto Giggle

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