WHAT IS LITECOIN?

Litecoin is a peer-to-peer internet currency that includes almost zero-cost payments anywhere in the world. Litecoin is an open source, global payment network that is completely decentralized and not controlled by any central government. Mathematics protects the web and empowers people to manage their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With solid industry support, trade volume and liquidity, Litecoin is a proven medium for commerce in addition to Bitcoin.

Open source software
Litecoin is a free open source software project released under the MIT / X11 license, which gives you the right to execute, modify, and copy the software, as well as redistribute modified copies of the software at your request. The transparency of the release of new versions allows independent verification of binary modules and the corresponding source code.

Chain of Blocks
The Litecoin blockchain is capable of handling higher transaction volume than its counterpart Bitcoin. Due to the more frequent block generation, the network is able to support a larger volume of transactions without the need for any software changes in the future.
As a result, traders get faster confirmation times without having to wait for multiple confirmations with a large number of positions sold.

Wallet encryption
Wallet encryption allows you to protect your wallet so that you can view transactions and your account balance, but must enter your password at all times before deciding to spend litecoins.
This provides protection against viruses and Trojans that steal wallets, as well as checks your sanity before sending a payment.

Mining reward
For each block generated, miners receive 12.5 litecoin (LTC) per block found, and the amount of the reward is halved every 4 years (every 840,000 blocks).
Thus, the maximum number of coins on the Litecoin network is approximately 84 million, which is four times the number of coins on the Bitcoin network

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German Language Audio Digital Download "Manifest der Kommunistischen Partei" (MP3 Format)

GERMAN LANGUAGE AUDIO DIGITAL DOWNLOAD Total running time: 2:22:09 MP3 FORMAT SOUND Manifest der Kommunistischen Partei Karl Marx und Friedrich Engels schrieben ihr Manifest im Dezember 1847, als Leitfaden fuer die grundsaetzlichen Prinzipien und Praktiken des Kommunismus. Das Manifest sagte ausserdem den Untergang des Kapitalistismus’ voraus. Written by: Karl Marx Karl Heinrich Marx (May 5, 1818 – March 14, 1883) was a German philosopher, self-taught political economist, historian, political theorist, sociologist, communist, and revolutionary, whose ideas played a significant role in the development of modern communism and socialism. Marx summarized his approach in the first line of chapter one of The Communist Manifesto, published in 1848: "The history of all hitherto existing society is the history of class struggles." Marx argued that capitalism, like previous socioeconomic systems, would inevitably produce internal tensions which would lead to its destruction. Just as capitalism replaced feudalism, he believed socialism would, in its turn, replace capitalism, and lead to a stateless, classless society called pure communism. This would emerge after a transitional period called the "dictatorship of the proletariat": a period sometimes referred to as the "workers state" or "workers' democracy". In section one of The Communist Manifesto Marx describes feudalism, capitalism, and the role internal social contradictions play in the historical process: We see then: the means of production and of exchange, on whose foundation the bourgeoisie built itself up, were generated in feudal society. At a certain stage in the development of these means of production and of exchange, the conditions under which feudal society produced and exchanged...the feudal relations of property became no longer compatible with the already developed productive forces; they became so many fetters. They had to be burst asunder; they were burst asunder. Into their place stepped free competition, accompanied by a social and political constitution adapted in it, and the economic and political sway of the bourgeois class. A similar movement is going on before our own eyes.... The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring order into the whole of bourgeois society, endanger the existence of bourgeois property. Marx argued for a systemic understanding of socio-economic change. He argued that the structural contradictions within capitalism necessitate its end, giving way to socialism: The development of Modern Industry, therefore, cuts from under its feet the very foundation on which the bourgeoisie produces and appropriates products. What the bourgeoisie, therefore, produces, above all, are its own grave-diggers. Its fall and the victory of the proletariat are equally inevitable. —(The Communist Manifesto) On the other hand, Marx argued that socio-economic change occurred through organized revolutionary action. He argued that capitalism will end through the organized actions of an international working class: "Communism is for us not a state of affairs which is to be established, an ideal to which reality will have to adjust itself. We call communism the real movement which abolishes the present state of things. The conditions of this movement result from the premises now in existence." While Marx remained a relatively obscure figure in his own lifetime, his ideas and the ideology of Marxism began to exert a major influence on workers' movements shortly after his death. This influence gained added impetus with the victory of the Bolsheviks in the Russian October Revolution in 1917, and few parts of the world remained significantly untouched by Marxian ideas in the course of the twentieth century. Marx is typically cited, with Émile Durkheim and Max Weber, as one of the three principal architects of modern social science. AND Friedrich Engels Friedrich Engels (28 November 1820 – 5 August 1895) was a German social scientist, author, political theorist, philosopher, and father of communist theory, alongside Karl Marx. Together they produced The Communist Manifesto in 1848. Engels also edited the second and third volumes of Das Kapital after Marx's death.

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WHAT IS LITECOIN?

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