All the Lands Shall Adopt Anonymous Currency
Litecoin has been showing a lot of persistence and has gained a lot of value recently, even though it has recently suffered a pretty scary looking adjustment. Litecoin is gaining more attention and popularity in a relatively short span of time and may become just as popular as Bitcoin for the fact that the transaction time for Litecoin transfers is significantly shorter than that of Bitcoin.
I highly recommend that anyone who is interested enough in Bitcoin to attain a btc wallet, that it is significantly in your favor to install a Litecoin wallet as well.
Go to Litecoin.org and select the button marked “Download the client”, it will take you to a page with several different options for different operating systems. Just choose the package that best suits your current operating system. Also, make sure that you know which folder you are downloading the package into.
As I installed this onto Ubuntu, I had to extract the contents of the zip package. After the extraction is complete, you may either move the zip file into the extracted folder to keep better track of it, or you may simply delete it because it is no longer needed.
Open the bin folder and you will see two options, one for 32-bit systems and one for 64-bit systems. Choose the compatible one, if you have no clue what type of system you’re running, don’t worry, the only one that will actually work is the compatible one. the executable that starts up the wallet is labeled, “litecoin-qt”.
Therefore, if you go into the “64” folder, double click on “litecoin-qt” and nothing happens, it is likely you are running a 32-bit system so just go into the folder marked “32” and repeat.
Also remember that just like the Bitcoin-qt, you will need to wait for the litecoin-qt to connect to the network so it may sync. This may take awhile as hundreds of thousands of blocks have already been mined, so be patient.
To view your receiving addresses, go to “Receive Coins”, here you will be able to add new addresses as well.
Now that the Litecoin-qt has been installed, it is time to fill it with LTC while the price is low.
If you are interested in learning about where to get a little Litecoin for free, visit here.