Irlecoin is a peer-to-peer cryptocurrency and open source software project released by a group of crypto miners, fans, gamers and developers.
Creation & transfer of coins are based on an open source cryptographic protocol and is notShow more [+] 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.
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