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Litecoin has a maximum circulating supply of Ł84,000,000, which is four times larger than Bitcoin's maximum circulating supply of ₿21,000,000. [citation needed] MWEB optional privacy was added to Litecoin's base layer in May 2022 via soft fork. [10] This allows amounts held within wallets and transaction amounts within MWEB to be private. [28]
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
Mweb (Pty) Ltd is an Internet Service Provider based in South Africa since 1997. Mweb is a subsidiary of Webafrica, [4] and is headquartered in Cape Town. History
Diem (formerly known as Libra) was a permissioned blockchain-based stablecoin payment system proposed by the American social media company Facebook.The plan also included a private currency implemented as a cryptocurrency.