Are Bitcoin And Litecoin Same?

Are Bitcoin And Litecoin Same?

On the surface, both Bitcoin and Litecoin have a lot in common.

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Superficially, both Bitcoin and Litecoin share a great deal for all intents and purpose.
Where state monetary forms like USD or JPY depend on political and legitimate instruments for esteem and authenticity, computerized monetary standards depend on the cryptographic trustworthiness of the system itself.
However, Bitcoin and Litecoin vary in different viewpoints.

Market Cap
Starting late 2018, Bitcoin's market capitalization sits at generally $109 billion. Regardless of whether this figure strikes you as high or low depends generally on verifiable viewpoint.

When we think about that Bitcoin's market capitalization is scarce $42,000 in July 2010, its present figure appears to be stunning, however not as much when contrasted with its high market top of $59,939,396,635 at present.
While Bitcoin remains the most profitable player in the crypto space, others like Ethereum, Ripple, and Litecoin are getting up to speed.

Total Coins
One of the primary contrast between both is the all-out number of coins that every one of them can deliver.
The Bitcoin system can never surpass 21 million coins, while Litecoin can oblige up to 84 million coins.

Exchange Processing Speed
Despite the fact that actually, exchange happens immediately on both the systems, yet time is required for those exchanges to be affirmed by other system members.

According to the information from Blockchain.info, Bitcoin system's long haul normal exchange affirmation time is a little more than 10 minutes for every exchange, notwithstanding, this may fluctuate generally when traffic is high.
The equal figure for Litecoin is generally 2.5 minutes.

On a basic level, this distinction in affirmation time could make Litecoin considerably increasingly appealing for the dealers.

Distinctive Algorithms
At this point, the most central specialized contrast among Bitcoin and Litecoin are the differed cryptographic calculations which they use.

Bitcoin makes utilization of the longstanding SHA-256 calculation. Then again, Litecoin makes utilization of a relatively new calculation known as Script.

The essential down to earth criticalness of these distinctive calculations is their effect on the way toward mining new coins.
In both Bitcoin just as Litecoin, the way toward affirming exchanges needs generous registering power.

A few individuals from the system apportion their figuring assets toward affirming the exchanges of different clients.
In return for doing as such, these excavators are given square rewards by gaining units of the cash which they have mined.

The Bottom Line
While Bitcoin and Litecoin might be the gold and silver of the digital currency space today, history has demonstrated that business as usual in this rising part can change in even a few months.

It remains to be seen whether the computerized types of cash with which we have agreeable will hold their stature in the months and years to come.

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13 Ways To Make Extra Money Straight From Your Dorm Room

You won't even have to change out of your sweatpants for this!
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College is tough. Making money while you’re in college can be even tougher.

Full-time class schedules make it almost impossible to have a job and work decent hours. And even if you do find a job, you might not even be making that much money once you factor in the time and transportation to get there.

Let’s break the stigma of being a broke college student. Instead of traveling to a part-time job, learn how to earn an income online right from the comfort of your own dorm room.

1. Become A Virtual Assistant

If you’re one of the few college students who’s actually organized, you could get paid to organize someone else’s life as a virtual assistant. The job duties could be anything from helping with data entry, managing social media accounts or conducting research.

The pay varies depending on the job, but sites like People Per Hour let you browse available jobs or post your own skill.

2. Download Cash-Back Apps

You’re already spending money at the grocery store, and you could be getting paid for it! Download a cash-back app like Ibotta and scan your receipt when you get home. It gives you rebates depending on the products you bought.

Or, if you’re sitting in your room doing some online shopping, join Ebates before you checkout. This cash-back site gives you a certain percentage of cash back just for shopping. Right now, they’re offering 2.5% cash-back from American Eagle, 6% from Macy’s and 2% from Forever 21. It’s not a huge percentage, but it’s free money you wouldn’t have had otherwise! Plus, you’ll feel a little less guilty for shopping online. Just a little.

3. Flip Craigslist Freebies

This might not be the most glamorous option, but you will earn extra cash! If you find some good freebies on Craigslist, sell it for a profit on an app like Letgo or OfferUp.

You might also be able to use this method with your college’s local sell and trade groups -- if you haven’t joined yours on Facebook already, trust me, it’s out there. If anyone is giving stuff away for free, grab it and flip it online.

You might have to leave your dorm if the item is from Craigslist, but once you’ve got it in-hand, bring it home, take photos of it and wait for the offers to roll in.

4. Test Websites

Instead of binging another show on Netflix, use your laptop to make some actual money. Join websites like UserTest and UserFeel and you’ll get paid to test websites.

This is a pretty easy way to make money. All you do is click around on whatever website you’re assigned to and report back on the user experience. The pay is typically around $10 per website.

5. Sell Old Textbooks Online

As a recent grad, I know you’d be lying if you said you didn’t have any old textbooks lying around. For ones you were forced to buy, it feels wrong to give it up, but it’s also just taking up valuable space. And no, you aren’t going to need to crack open your Environmental Science textbook in two years -- we have Google.

Look up your book’s value on Bookscoutr and see what company will pay the most for that textbook.

6. Sell Your Photos

If you’re a self-proclaimed iPhone photographer, you should join Foap. It’s an online marketplace where users upload their smartphone photos, and brands buy them.

Whenever one of your photos sells, you get 50% of the profits. Foap doesn’t say exactly how much you’ll make, but the price seems to vary depending on how many pictures you’re selling.

7. Evaluate Search Engines

Sign up to be a search engine evaluator and get paid to clean up Google’s mess. You’ll be looking at how user-friendly and relevant specific search results are.

This work typically pays around $12 per hour, and the hours aren’t too strict. It’s a pretty easy way to use your free time to earn extra cash.

8. Become a Freelance Writer

Has english always been your best subject? Look into becoming a freelance writer for a topic you feel passionate about. Make sure you have a few writing samples before applying, maybe start your own blog and upload a few sample pieces of content to link to when you apply.

9. Take Surveys

I know, this isn’t the most glamorous way to earn extra cash, but it’s easy and doesn’t require leaving your room. Join a few online survey panels, like VIP Voice, Swagbucks and Ipsos panel. You’ll get an email when a survey for your demographic opens.

It might not be the fastest way to earn money, but it’s not too hard to earn a few $10 Amazon gift cards.

10. Get Rid of Anything You Don’t Use

Instead of having a cluttered room, you could be making money off of things you don’t use anymore.

Sell old clothes or household items through Letgo, OfferUp, or clothing-specific apps like Poshmark or Mercari. If you have old electronics, DVDs or video games, get rid of them with Decluttr.

This doesn’t necessarily have to be stuff sitting around your dorm -- is there anything you left back at home you won’t need anymore? Maybe it’s time to get rid of all those pairs of jeans from high school, or your homecoming dress you thought was so cute in 10th grade.

11. Serve As An Online Mock Juror

Finally, all the courtroom drama shows you’ve watched will be put to use! Lawyers need help to prepare for real cases, so they turn to a mock jury. You won’t get to hear both sides of the case, but you will be reviewing all the evidence from your computer.

Apply to be an online mock juror, and you’ll get an email when a case is available for your review. The work you get is based on location, so it’s hard to say exactly how much work you might receive, but the pay is anywhere from $10-$60 per hour.

12. Work As A Social Media Manager

Spending all your time on a social media platform can actually be translated into a skill. Look for social media management jobs. It’s helpful to be able to specialize in one platform, so pick the one you’re the most familiar with.

13. Become A Transcriptionist

Are you a fast typer? You could be earning $15-$25 per hour transcribing audio. This job is great for beginners -- it doesn’t require much experience to get started, and you can work whenever you have spare time.

With today’s gig economy, it isn’t too hard to find a side hustle. And making extra money while sitting in bed is even better!

Cover Image Credit: Hanny Naibaho

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5 Easy Ways To Save Money On Your Electricity Bill This Month And EVERY Month

Only the easiest, most effective ways to keep that pesky electric bill down every month.

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When I was a kid, I never thought twice about leaving a light on while I went into a different room. This didn't stop my mom from chasing after me nagging me about it of course (love you, Mom!).

The electric bill was an elusive concept that I believed didn't truly pertain to me. But now that I have my own apartment and my own bills, I'm shocked at how easily an electric bill can rise.

In order to help other 20-somethings in their first apartment save money, I've collected this list of tips to keep your electric bill down.

1. Let's start simple — turn the lights off when you leave a room

This was the very thing my mom nagged me about as a child, but she had every right to do so.

Only keep the light on in the room you are in! There is no reason to leave lights on in rooms that aren't currently occupied. It's a waste of electricity!

2. Use as much natural light as possible

Keep your blinds, and if the weather is nice enough, your windows too, open during the day. This eliminates the need to turn the lights on during the day.

I have made it a rule to only turn the lights on after the sun has gone down and have saved a lot of money doing so! Why not use the sunshine to your advantage?

3. Only run your washing machine and dishwasher when they are FULL

When I first moved into my apartment, I formed a bad habit of running my washing machine and my dishwasher before they were full. Now I have made it a point to only run them if I can't possibly fit in another dirty dish or piece of clothing.

This saves on electricity and water, and is better for the environment!

4. Unplug devices when you are not using them

This may sound annoying at first, but a little bit of effort goes a long way. When you are done using your hair straightener or blow dryer, unplug it! When your phone or laptop is done charging don't just unplug the charger from your device, but unplug the charger from the wall, too.

Keep doing it until it becomes a habit — then you won't even have to think about it.

5. Find the right temperature for you and keep your apartment at that temperature

For me, I like to keep my place at 70 degrees. This means I won't turn the heat on unless it gets 67 degrees or lower, and I won't turn the air conditioning on unless it gets 74 degrees or hotter.

By following this rule, I've gone weeks without putting my heating or my air conditioning on. You don't need the heating or air unit to keep your apartment at that temperature for you. You can easily do it yourself.

Just doing one of these things probably isn't going to make all the difference in the world. But if you do all of these things together and consistently, over time it will make a difference. It's the little things that add up to save you money in the long run!

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