Cryptocurrencies: 25539
Markets: 101144
Market Cap: $3,051,396,485,227     
24h Vol: $212,103,331,020
1 Litecoin (LTC) Rank 17
$117.135246
Litecoin (LTC) Rank 17
Website Reddit Twitter
75,558,468 LTC

Litecoin (LTC)

Litecoin (LTC)

LTC

Litecoin (LTC) Price
$117.14

Litecoin (LTC) 24h Vol
$2,085,917,821

Litecoin (LTC) Market Cap
$8,850,559,800

Litecoin (LTC) Circulating
75,558,468

Full Name
Litecoin (LTC)
Symbol
LTC
Algorithm
Scrypt
BTC Price
0.00126009 BTC
BTC Market
95,210 BTC
BTC 24h Vol
22,439 BTC
Total Coins Mined
75,558,468 LTC
1h
0.4 %
24h
-4.16 %
7d
-5.34 %
Charts

Litecoin (LTC)
Litecoin (LTC)

Description

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.

Full Name Litecoin (LTC)
Start Date N/A
Algorithm Scrypt
Proof Type PoW
Website litecoin.com
Twitter @litecoin
Facebook www.facebook.com/litecoincommunity/
Reddit www.reddit.com/r/litecoin/
Block Number 1682872
Block Time 150
Block Reward 12
Total Coins Mined 75,558,468 LTC
Previous Total Coins Mined 63,009,952
Net Hashes Per Second 387,243,283,036,302.81 H/s
Technology

- 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

 

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.

Litecoin (LTC) News
Litecoin Surges as Market Corrects: Bright Prospects Ahead

Litecoin Surges as Market Corrects: Bright Prospects Ahead

Litecoin's price rises despite market downturn, nearing $130. Positive ETF approval expectations boost investor confidence. Continue Reading:Litecoin Surges as Market Corrects: Bright Prospects Ahead The post Litecoin Surges as Market Corrects: Bright Prospects Ahead appeared first on COINTURK NEWS.

access time image 02-27-2025 23:35

Litecoin and Avalanche Show Strong Price Recovery Potential

Litecoin and Avalanche Show Strong Price Recovery Potential

Litecoin shows strong potential to reach 170 dollars. Avalanche may rally after completing its correction. Continue Reading:Litecoin and Avalanche Show Strong Price Recovery Potential The post Litecoin and Avalanche Show Strong Price Recovery Potential appeared first on COINTURK NEWS.

access time image 02-21-2025 13:06

Gain Insights into Current Trends in Litecoin, Bitcoin, and BNB

Gain Insights into Current Trends in Litecoin, Bitcoin, and BNB

DonAlt provided insights on Litecoin, Bitcoin, and BNB's market trends. Technical analysis shows promising signals for Litecoin and BNB. Continue Reading:Gain Insights into Current Trends in Litecoin, Bitcoin, and BNB The post Gain Insights into Current Trends in Litecoin, Bitcoin, and BNB appeared first on COINTURK NEWS.

access time image 02-15-2025 17:35

Uncover the Latest Crypto Trends: Solana, Litecoin, SUI, and Mantra Prices Surge

Uncover the Latest Crypto Trends: Solana, Litecoin, SUI, and Mantra Prices Surge

Crypto market sees activity with Solana, Litecoin, SUI, and Mantra. Solana faces resistance at $205 while Litecoin rises on ETF speculation. Continue Reading:Uncover the Latest Crypto Trends: Solana, Litecoin, SUI, and Mantra Prices Surge The post Uncover the Latest Crypto Trends: Solana, Litecoin, SUI, and Mantra Prices Surge appeared first on COINTURK NEWS.

access time image 02-14-2025 11:05

Litecoin Poised for a Significant Price Surge

Litecoin Poised for a Significant Price Surge

Bluntz sees significant upward potential for Litecoin's price. Technical analyses predict a potential rise to $180. Continue Reading:Litecoin Poised for a Significant Price Surge The post Litecoin Poised for a Significant Price Surge appeared first on COINTURK NEWS.

access time image 02-12-2025 11:05

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