EXPLORER GLOSSARY / A–Z
The words behind the numbers.
A focused glossary for reading Litecoin records. Follow each definition into the guide or browser that puts it in context.
- Address
- A representation of a payment destination or spending condition. A prefix is a useful clue, not a complete validation or identity check. Explore this topic →
- AuxPoW
- Auxiliary proof of work: evidence accepted under an auxiliary chain’s rules to connect its candidate block with qualifying parent-work data. Dogecoin supports it; Litecoin uses its own Scrypt PoW rules. Explore this topic →
- Base unit / litoshi
- One hundred-millionth of one LTC. A provider may return integer base units rather than decimal whole-LTC amounts. Explore this topic →
- Block hash
- The identifier of a particular block. Include the full hash when comparing records; equal heights alone do not identify the same branch. Explore this topic →
- Block height
- A position in a chain, counted from the genesis block at height zero. Competing branches can contain different blocks at the same height. Explore this topic →
- Change output
- An output intended to return value from selected inputs to the sender’s control. An explorer’s change attribution may be an inference. Explore this topic →
- Coinbase transaction
- The special transaction associated with a block’s mining reward. It is not a reference to a cryptocurrency company. Explore this topic →
- Confirmation
- Depth of a transaction’s containing block relative to an observed active chain. It is not a receiving business’s account-credit status. Explore this topic →
- Difficulty
- A measure related to how hard it is for candidate work to satisfy the network’s proof-of-work target. Explore this topic →
- Fee rate
- A fee relative to a defined measure of transaction size. Units such as base units per kilobyte and per virtual byte are not interchangeable. Explore this topic →
- Hash rate
- A rate of attempted hashing. A public network figure is usually an estimate with a specific method and observation window. Explore this topic →
- Input
- A reference that consumes an existing output under the transaction’s spending conditions, in the ordinary transparent transaction model. Explore this topic →
- Mainnet
- The production Litecoin network, distinct from test environments or another blockchain carrying an LTC-labeled representation. Explore this topic →
- Mempool
- A node’s collection of pending transactions under its policies. There is no single globally identical mempool view. Explore this topic →
- Merged mining
- Coordinated use of compatible proof-of-work activity across more than one chain. It is different from switching work between coins. Explore this topic →
- Merkle root
- A compact commitment built from a tree of transaction identifiers. Displaying a root is not itself independent proof verification. Explore this topic →
- MWEB
- Mimblewimble Extension Blocks: Litecoin’s extension-block design with confidentiality features and a different visibility model from ordinary transparent address history. Explore this topic →
- Output
- A transaction-created value and associated spending conditions. A transaction can create several recipient and change outputs. Explore this topic →
- Scrypt
- The proof-of-work algorithm used by Litecoin. Hardware and hash-rate comparisons require algorithm-specific context. Explore this topic →
- Transaction ID / TXID
- A transaction identifier. It is not the same as an exchange withdrawal ticket, merchant invoice number, or account reference. Explore this topic →
- UTXO
- An unspent transaction output. A wallet’s transparent balance can consist of many such pieces rather than one account entry. Explore this topic →