Sold by: SolodevÂ
Deployed on AWS
A peer-to-peer cryptocurrency offering faster transactions with an alternative blockchain hashing algorithm than Bitcoin.
Overview
Faster Transaction Speed: Litecoin block generation time is 2.5 minutes (compared to Bitcoins 10 minutes). This faster block time allows for quicker transaction confirmations, making Litecoin more practical for day-to-day transactions.
Scrypt Algorithm: Litecoin uses a different mining algorithm called Scrypt, as opposed to Bitcoin SHA-256. Scrypt is designed to be less resource-intensive, making it more accessible to a broader range of miners. This reduces the influence of specialized mining hardware (like ASICs) and allows for a more decentralized mining network.
Higher Supply Limit: Litecoin has a maximum supply of 84 million coins, four times more than Bitcoins 21 million cap. This higher supply can make Litecoin more accessible and potentially less subject to scarcity-driven price volatility.
Decentralization and Open Source: Like Bitcoin, Litecoin is a decentralized, open-source network that operates without a central authority. The Litecoin community actively supports its development, and its code is publicly available, which promotes transparency and community trust.
Highlights
- Speed and Low Transaction Fees: Litecoin is known for its fast transaction times and low fees. It processes transactions approximately four times faster than Bitcoin, making it a popular choice for everyday transactions.
- Widespread Adoption: Litecoin has seen significant adoption for payments and transactions. Its supported by many merchants and payment processors, making it one of the most widely used cryptocurrencies for real-world purchases.
- Higher Coin Supply: Litecoin has a maximum supply of 84 million coins, which is four times the supply limit of Bitcoin1. This higher supply can potentially make Litecoin more accessible and affordable for a broader range of users.
Details
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Delivery method
Delivery option
64-bit (x86) Amazon Machine Image (AMI)
Latest version
Operating system
Ubuntu 24
Deployed on AWS
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Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Pricing is based on a fixed subscription cost. You pay the same amount each billing period for unlimited usage of the product. Pricing is prorated, so you're only charged for the number of days you've been subscribed. Subscriptions have no end date and may be canceled any time.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
- $99.00/month
Vendor refund policy
We do not currently support refunds, but you can cancel at any time.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA)Â .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
64-bit (x86) Amazon Machine Image (AMI)
Amazon Machine Image (AMI)
An AMI is a virtual image that provides the information required to launch an instance. Amazon EC2 (Elastic Compute Cloud) instances are virtual servers on which you can run your applications and workloads, offering varying combinations of CPU, memory, storage, and networking resources. You can launch as many instances from as many different AMIs as you need.
Version release notes
Litecoin Pro 1.0.31
Additional details
Usage instructions
To access the Litecoin, once the instance passes health checks, open your browser and enter https://(Public-IP-of-EC2). Log in using the password being the Instance ID (i-*) if launched from AMI. | Quickstart: https://cloud.solodev.net/quickstart/blockchain/litecoin/#launch-softwareÂ
Support
Vendor support
Litecoin Pro for AWS includes complimentary basic email support for bugs or operational issues. Available M - F, 9:00 am - 4:00 pm EST at help@solodev.comÂ
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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