Litecoin Casinos: Litecoin is a cryptocurrency which most casino players will have heard of. It is designed on relatively the same encryption software and protocols as its rivals. Obviously, there must be a difference between Litecoin, Bitcoin and its rivals. The primary difference is that Litecoin is faster than Bitcoin, and a greater number of coins can be generated than its more famous counterpart.
Players find that Litecoin is a slightly more investable cryptocurrency than Bitcoin. It grew in value from $1.50 to $400 in just two years. Many players have opted to play with Litecoins at online casinos, based on them theoretically being worth more in the long run. That is still speculative, though, and hardly a reason why you should do so. So, why should you use Litecoins to gamble online?
The best Litecoin Casinos (LTC)
About Litecoin Casinos
Litecoin made its debut in 2011, so it is one of the earlier cryptocurrencies around. It was created by former Google engineer, Charles Lee. On the face of it, players won’t notice too much difference between Litecoin and Bitcoin, but subtleties are there. The number of crypto coins which can be created is more significant, there are minor differences in the algorithms behind the cryptocurrencies, and Litecoin processes transactions quicker. Generally speaking, Litecoin is four times faster at adding transactions to the ledger than Bitcoin.
This cryptocurrency appears at a decent number of online casinos. Because Litecoins are so like Bitcoins in how they are designed, most major casinos which accept Bitcoin will also accept Litecoins. However, they are more affordable at cryptocurrency exchanges than Bitcoins, and thus, they tend to be popular with players starting out at a digital currency casino for the very first time.
Is Litecoin Legal to Bet With?
If you live in a country which deems Bitcoin legal, the chances are that Litecoin will also be legal. The same goes for their illegality. As Litecoin provides more than enough anonymity, even players in countries where they are deemed illegal use them to bet online.
Top Litecoin Casinos
Before deciding which cryptocurrency to use to bet online with, have a look at some of the reasons why Litecoin casino gaming could be for you.
- Globally Popular: Players will be able to find a casino which accepts Litecoins far easier than they would if they opted for a more obscure (although more valuable) cryptocurrency. For newbies, this makes things so much easier.
- Pick Up Your Winnings Quicker: Litecoin transactions are processed four times faster than Bitcoin, so you can get hold of your winnings quicker. Sure, there are even faster cryptocurrencies out there, but they don’t tend to be as widely accepted at online casinos.
- Potential for Growth: As mentioned, some players play with Litecoins because of their potential for growth. This is a speculative point – especially for newbies – but for experienced and seasoned cryptocurrency gamblers, it may be one which is worth noting.
Litecoin casinos are commonly found across the internet. Any player who has fallen out of love with Bitcoin will discover that playing at a cryptocurrency casino which accepts Litecoins instead is an appealing and comfortable prospect.
Click here if you are looking for the best Crypto Casinos.
Litecoin crypto casinos include some of the best online crypto casinos. Litecoin is the controversial cryptocurrency which sits currently in the top 10 of cryptos by market cap. The controversy comes from the CEO of Litecoin Charlie Lee selling his entire stock of LTC when it was at it’s all time high. He has also stated that soon he will walk away from Litecoin altogether. To make maters worse, they had a very high profile failure of the LitePay system which has left Litecoin being virtually useless as far as the real world goes.
Compared to a number of cryptocurrencies we have in our casino section there are more options for players. The speed of settlement is an advantage for Litecoin crypto casinos and players alike.
Terms and Conditions Apply 18+ Gamble Responsibly
Before you accept an online casino bonus at any online casino including Litecoin casinos, please remember that Terms and Conditions will apply.
Always very carefully read the full Bonus Terms and Conditions as well as the casino General Terms and Conditions.
- Visit Gambleaware UK = https://www.begambleaware.org/
- Spel för dig över 18 år= https://www.stodlinjen.se/
- Visit Gamblers Anonymous USA = http://www.gamblersanonymous.org/ga/
More information on Litecoin from their website:
Litecoin Core v0.15.1 Release
We are pleased to release Litecoin Core 0.15.1 release. This is a new minor version release, including new features, various bug fixes and performance improvements, as well as updated translations. It is recommended for all users to upgrade to this version.
Network fork safety enhancements
A number of changes to the way Litecoin Core deals with peer connections and invalid blocks have been made, as a safety precaution against blockchain forks and misbehaving peers.
- Unrequested blocks with less work than the minimum-chain-work are now no longer processed even if they have more work than the tip (a potential issue during IBD where the tip may have low-work). This prevents peers wasting the resources of a node.
- Peers which provide a chain with less work than the minimum-chain-work during IBD will now be disconnected.
- For a given outbound peer, we now check whether their best known block has at least as much work as our tip. If it doesn’t, and if we still haven’t heard about a block with sufficient work after a 20 minute timeout, then we send a single getheaders message, and wait 2 more minutes. If after two minutes their best known block has insufficient work, we disconnect that peer. We protect 4 of our outbound peers from being disconnected by this logic to prevent excessive network topology changes as a result of this algorithm, while still ensuring that we have a reasonable number of nodes not known to be on bogus chains.
- Outbound (non-manual) peers that serve us block headers that are already known to be invalid (other than compact block announcements, because BIP 152 explicitly permits nodes to relay compact blocks before fully validating them) will now be disconnected.
- If the chain tip has not been advanced for over 7.5 minutes, we now assume the tip may be stale and will try to connect to an additional outbound peer. A periodic check ensures that if this extra peer connection is in use, we will disconnect the peer that least recently announced a new block.
- The set of all known invalid-themselves blocks (i.e. blocks which we attempted to connect but which were found to be invalid) are now tracked and used to check if new headers build on an invalid chain. This ensures that everything that descends from an invalid block is marked as such.
Minimum relay fee lowered
The minimum relay fee
-minrelayfee has been lowered to 0.01 lites per kB (0.00001 LTC). This is to prepare for dropping the minimum transaction fee to 0.1 lites per kB (0.0001 LTC) in the next release.
Mempool replacement disabled by default
--mempoolreplacement has been disabled by default.
Miner block size limiting deprecated
Though blockmaxweight has been preferred for limiting the size of blocks returned by getblocktemplate since 0.13.0, blockmaxsize remained as an option for those who wished to limit their block size directly. Using this option resulted in a few UI issues as well as non-optimal fee selection and ever-so-slightly worse performance, and has thus now been deprecated. Further, the blockmaxsize option is now used only to calculate an implied blockmaxweight, instead of limiting block size directly. Any miners who wish to limit their blocks by size, instead of by weight, will have to do so manually by removing transactions from their block template directly.
GUI settings backed up on reset
The GUI settings will now be written to
guisettings.ini.bak in the data directory before wiping them when the
-resetguisettings argument is used. This can be used to retroactively troubleshoot issues due to the GUI settings.
Duplicate wallets disallowed
Previously, it was possible to open the same wallet twice by manually copying the wallet file, causing issues when both were opened simultaneously. It is no longer possible to open copies of the same wallet.
-minimumchainwork argument added
A hidden debug argument
-minimumchainwork has been added to allow a custom minimum work value to be used when validating a chain.
Low-level RPC changes
- The “currentblocksize” value in getmininginfo has been removed.
dumpwalletno longer allows overwriting files. This is a security measure as well as prevents dangerous user mistakes.
backupwalletwill now fail when attempting to backup to source file, rather than destroying the wallet.
listsinceblockwill now throw an error if an unknown
blockhashargument value is passed, instead of returning a list of all wallet transactions since the genesis block. The behaviour is unchanged when an empty string is provided.
To download, please visit the download page here. Alternatively, you can view the download folder here.
Please use GPG to verify the integrity of the release binaries. This ensures that the binary you have downloaded has not been tampered with. Linux, MacOS and Win32 cygwin command line GPG instructions are available here. Please also note that we GPG sign the binaries as a convenience to you, the ultimate way to verify the integrity of the builds is to build them yourself using Gitian. Instructions on how to perform these builds, can be found here.
For this release, the binaries have been signed with key identifier FE3348877809386C (thrasher’s key).
Despite this version being heavily tested, this version may still contain bugs. Always backup your wallet.dat file before upgrading. If you encounter any issues, please let us know by posting to the bug reporting section below.
Source code & Build instructions
The master branch contains the latest commits to the next stable releases of Litecoin Core.
litecoin — Litecoin source treegithub.com
Build instructions for Linux can be found here.
Build instructions for OSX can be found here.
Builds instructions for Windows can be found here.
Submit any issues you encounter here and one of the Litecoin developers will assist you.
litecoin — Litecoin source treegithub.com
Sign up for announcements only or development discussion.
Hashes for verification
These are the SHA-256 hashes of the released files:
686acf75f76befd39ca8b3a6b3ea86e52775fc33220970cd6db9e75c6bb814dc litecoin-0.15.1-aarch64-linux-gnu.tar.gz 38df3210486dfe1af59b0db713be7c5567158dda6510efc92e76b5c3adfa7602 litecoin-0.15.1-arm-linux-gnueabihf.tar.gz 8559c17d4b7ca77c2b8844d9013cf4a7e575515263deae06c64f4c5da1486a12 litecoin-0.15.1-i686-pc-linux-gnu.tar.gz 2bb565a77779be4ed5b186c93891bc0a12352c94316a1fc44388898f7afb7bc2 litecoin-0.15.1-osx64.tar.gz e33039232541c190a1529323b6d872d986f8b14bc2fcb8763721de52ed9f9096 litecoin-0.15.1-osx.dmg d5b2b12b7d7817ad0db5abb54fb06cd37e5379db1b89c72d656df3ba59d355be litecoin-0.15.1.tar.gz 97fd13845045475a62e5707ded25d5be75ea1c4d89080418dcba7a670ee46dad litecoin-0.15.1-win32-setup.exe 7885caabac4968480511b502621670edbb7b0661378cb8a6da86450a74c83d94 litecoin-0.15.1-win32.zip 71d430481e5064ad56e793b81f1d5e5f9f811107794a95c6ad751a3bee9d6e99 litecoin-0.15.1-win64-setup.exe eae66242ef66ee22f403ade0c2795ff74f6654bf3fc546e99bde2e6e4c9e148f litecoin-0.15.1-win64.zip 77062f7bad781dd6667854b3c094dbf51094b33405c6cd25c36d07e0dd5e92e5 litecoin-0.15.1-x86_64-linux-gnu.tar.gz
Thanks to everyone who directly contributed to this release:
- The Bitcoin Core Developers
- Adrian Gallagher
- Martin Smith
How to Fund Your Litecoin Casino Account with Litecoin
What is Litecoin?
Originating in 2011, Litecoin is a reliable cryptocurrency for those who want security with minimal transactional delay. Just like Bitcoin, it can be used online to trade in exactly the same way you use your dollars. Designed as a faster and more scalable altcoin, thousands of transactions can be completed in seconds globally. You can both deposit and withdraw in Litecoin at an LTC casino, enjoying almost instant deposits and next working-day withdrawals.
What are the benefits of using Litecoin?
- Faster than Bitcoin
- Just as easy
- Just as secure (according to Charlie Lee)
Setting Up Litecoin and Funding LTC Play
Follow our easy guide to start depositing at an LTC casino with litecoins now:
Set up your Litecoin wallet:
This only takes a few minutes, and you can start sending and receiving litecoins as soon as your wallet is created. There are many wallet options, with Electrum and Jaxx popular for easily storing multiple cryptocurrencies on your desktop.
Bitstamp and GDAX are both popular Litecoin exchanges. You can use credit card, PayPal, bank transfer, or buy Litecoin using Bitcoin.
Deposit at Winaday
by selecting Litecoin as your payment method in the Cashier. Use the address provided to send the desired amount from your Litecoin wallet to your Winaday account. Alternatively you can scan the QR code with your mobile device if you have set up mobile payments.
All Litecoin withdrawals are usually processed the very next working day, and deposits are near instant!