Litecoin tbl_headings.RANK 22
$60.134172
Litecoin tbl_headings.RANK 22
tbl_headings.WEBSITE Reddit Twitter
76,807,258 LTC

Litecoin
Litecoin
LTC

Litecoin tbl_headings.PRICE
$ 60.13

Litecoin 24h Vol
$433,084,565

Litecoin tbl_headings.MARKET_CAP
$4,618,740,856

tbl_headings.24h_VOLUME
5,507 BTC
1 H
-0.15 %
24 H
2.64 %
7 d
-13.28 %
seo.COIN_DES1 Litecoin seo.COIN_DES2 60.13 USD, seo.COIN_DES3 seo.COIN_DES14 seo.COIN_DES15 0.00076470 BTC. seo.COIN_DES4 76,807,258 LTC seo.COIN_DES6 Litecoin seo.COIN_DES7 2.64 %seo.COIN_DES8 seo.COIN_DES9 seo.COIN_DES10 4.331 M US dollars seo.COIN_DES11 Litecoin seo.COIN_DES12 seo.COIN_DES13. v7.SEO_DESC14 Litecoin's v7.SEO_DESC15 v7.SEO_DESC16 v7.SEO_DESC17 v7.SEO_DESC18.
tbl_headings.FULL_NAME
Litecoin
v5.SYMBOL
LTC
v5.ALGO
Scrypt
v5.BTC_PRICE
0.00076470 BTC
v5.BTC_MARKET
58,734 BTC
BTC 24h Vol
5,507 BTC
tbl_headings.TOTAL_COINS_MINED
76,807,258 LTC
1h
-0.15 %
24h
2.64 %
7d
-13.28 %
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v5.DESC

v5.DESC


Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.

The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.

In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.

v5.TECH

v5.TECH


- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

v5.FEATURES

v5.FEATURES


Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.


v6.NEWSLETTER
v6.DISCLAIMER : constants.WEBSITE_ABOUT2