Just like bitcoin, litecoin is a crytocurrency that is generated by mining. Litecoin was created in October 2011 by former Google engineer Charles Lee. The motivation behind its creation was to improve upon bitcoin. The key difference for end-users being the 2.5 minute time to generate a block, as opposed to bitcoin’s 10 minutes. Charles Lee now works for Coinbase, one of the most popular online bitcoin wallets.

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Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase.[2][3] The Litecoin network went live on October 13, 2011. It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.

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On May 7, 2019, Binance revealed that it had been the victim of a “large scale security breach” in which hackers had stolen 7,000 Bitcoin worth around U.S.$40 million at the time.[11] Binance CEO Changpeng Zhao said the hackers “used a variety of techniques, including phishing, viruses and other attacks” and structured their transaction “in a way that passed our existing security checks.”[12] Binance halted further withdrawals and deposits but allowed trading to continue. The site pledged to reimburse customers through its secure asset fund.

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For instance, the administrator can create a policy with one set of registry settings for machines in the accounting department and policy with another (lock-down) set of registry settings for kiosk terminals in the visitors area. When a machine is moved from one scope to another (e.g. changing its name or moving it to another organizational unit), the correct policy is automatically applied. When a policy is changed it is automatically re-applied to all machines currently in its scope.

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Critics labeled the registry in Windows 95 a single point of failure, because re-installation of the operating system was required if the registry became corrupt.[citation needed] However, Windows NT uses transaction logs to protect against corruption during updates. Current versions of Windows use two levels of log files to ensure integrity even in the case of power failure or similar catastrophic events during database updates.[48] Even in the case of a non-recoverable error, Windows can repair or re-initialize damaged registry entries during system boot.[48]

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