Litecoin

Litecoin#7
LitecoinLTC
$83.43USD0.84%

  • 24h Volume:$236.23 M
  • Market Cap:$4.80 B
  • 1h %:-0.40%
  • 1d %:0.84%
  • 7d %:7.97%
  • 1m %:-9.44%
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Summary


Litecoin is a peer-to-peer digital currency system which relies on cryptography to secure payments between users on a public blockchain. It is fully open-source, decentralized, and utilizes the same blockchain concept that Bitcoin uses (since it is based on a fork of the Bitcoin core). What sets it apart from other competitors is its high scalability, very low transaction fees and faster transactions. Blocks are mined faster, although it is harder for nodes to mine Litecoin compared to other cryptocurrencies. It utilizes the Lightning Network, a peer-to-peer mesh network that opens payment channels between users to further reduce transaction times and provides a layer of anonymity. Litecoin is the unit of value of the system.

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world.

Network Statistics

ProofPoW
AlogrithmScrypt
Start Date13-10-11

Core Statistics

Founder(s)LTCFoundation
Emailcontact@litecoin.com

Litecoin Pricing Data

Price$83.43
24h Volume$236.23 M
24h Change0.84%
Market Cap$4.80 B
Current Supply57.51 M
Total Supply57.51 M
ICO Date:13-10-11