Exploring Liteverse.io: The first NFT marketplace on the Litecoin network with my first collection dedicated to the Mighty Mia Event #dancingforjoy + Quick Sign up and funding tutorial

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As one true OG  Litecoin   enthusiast, I wanted to test the site, or better, the NFT marketplace  Liteverse.io  since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible To...
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Ethereum Classic (ETC) currently suffers a 51% hash attack and double spending is approaching $ 500,000 dollars.

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According to Coinbase website today, January 5th 2019, a deep reorganization of the Ethereum Classic blockchain chain was detected. That included a double expense of over $400 thousand dollars. To protect client funds, Coinbase immediately stopped the movement of funds in the ETC blockchain.

 Coinbase will continue to monitor network status and more information will be announced on this page.

 Charlie Lee, the creator of Litecoin, commented on Twitter about the event. And warn of the dangers of investing in coins that are not dominat in respect to mining algorithm .


In the case of Ethereum Classic, the cost of an attack that causes 51% network hash rate control is only $ 5,000 per hour. A very low cost when compared to the cost of attacking Bitcoin, Litecoin and Ethereum.

 According to www.crypto51.app the hardware cost to attack Bitcoin network at its cheapest would be of $ 318,603 dollars. A much higher cost of attack than ETC, making the possibility of attack less feasible. Respectively, the cost of an Ethereum attack is $ 97,376. Also, to attack Litecoin the cost would be $ 22,074 per hour at the moment.

 To stay current at the cost of an attack for each currency crypto and also see the percentage of NiceHash-rate of each one go to the Crypto51 site and find an updated list.


By: MamãeCrypto

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