What is Irlecoin? Irlecoin is a peer-to-peer cryptocurrency and open source software project released by a group of crypto miners, fans,Show more [+] gamers and developers.
Creation & transfer of coins are based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and is technically nearly identical to Łitecoin (LTC), Irlecoin has some technical improvements over Łitecoin.
These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with other crypto-currencies.
Irlecoin also has a near zero payment cost and facilitates payments approximately four times faster than Bitcoin.
The Irlecoin blockchain is a fork of Łitecoin and was launched without an Initial Coin Offering (ICO), high pre-mine, or pre-allocation of funds.
With only a small initial pool of funds to draw from, and pay development expenses, Irlecoin is and will continue to be a favorite to its developers and dedicated community members.