Details about Litecoin cryptocurrency
Litecoin
LTC
46+ (click to see list)
2011-10-08
Scrypt
2
€5,886,759,005 ( 0.23158%)
€473,996,000
84,000,000
74,462,508
84.73
Unknown
http://litecoin.org
@LTCFoundation
202x
€15946.5
Litecoin price charts
LTC exchanges
Litecoin, the crypto
Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee as a lightweight version of Bitcoin. It uses a similar blockchain technology as Bitcoin, but with some key differences, such as faster transaction times and a different mining algorithm.
The point
The main point of Litecoin (LTC) is to provide a faster and cheaper alternative to Bitcoin for everyday transactions. It aims to achieve this by using a faster block generation time and a different mining algorithm that makes it more accessible to casual miners.
The problem
Litecoin (LTC) tries to solve the problem of slow transaction times and high fees that are associated with Bitcoin. By using a faster block generation time and a different mining algorithm, it aims to provide a more efficient and cost-effective alternative for everyday transactions.
Compare LTC and BTC performance
Timeframe | LTC | BTC |
---|---|---|
1h change | 0.394884 % | 0.208274 % |
24h change | 0.19 % | 0.847492 % |
7 day change | 4.39 % | 1.58229 % |
14 day change | -13.9 % | -7.78047 % |
30 day change | -10.28 % | -5.95001 % |
200 day change | 27.51 % | 129.061 % |
Year change | -4.27 % | 137.437 % |