Details about pTokens LTC cryptocurrency
pTokens LTC
PLTC
Unknown for now
€0
3,968
1
Unknown
https://ptokens.io/
@pTokens_io
pTokens LTC price charts
PLTC exchanges
pTokens LTC, the crypto
pTokens LTC (PLTC) crypto is a wrapped version of Litecoin (LTC) on the Ethereum blockchain, allowing it to be used in Ethereum-based decentralized applications (dApps). It is a type of token known as an ERC-20, and its value is pegged to the value of LTC on a one-to-one basis.
The point
The main point of pTokens LTC (PLTC) is to enable cross-chain interoperability between Ethereum and Litecoin. By wrapping LTC in an ERC-20 token, users can easily move between the two blockchains without the need for a centralized exchange. This opens up new opportunities for dApps to use LTC as a utility token and for users to take advantage of its faster transaction times and lower fees.
The problem
The problem pTokens LTC (PLTC) tries to solve is the lack of cross-chain compatibility between different blockchains. Traditionally, users who wanted to move assets from one blockchain to another had to use a centralized exchange, which comes with the risk of security breaches, fees, and long wait times. By creating a wrapped version of LTC on Ethereum, pTokens allows for a more seamless and decentralized transfer of assets between the two blockchains.
Compare PLTC and BTC performance
| Timeframe | PLTC | BTC |
|---|---|---|
| 1h change | 0 % | 0.0128614 % |
| 24h change | 0 % | 3.28956 % |
| 7 day change | 0 % | -8.3567 % |
| 14 day change | 0 % | -1.52273 % |
| 30 day change | 0 % | 4.84492 % |
| 200 day change | 11.48 % | 126.723 % |
| Year change | 22.5 % | 128.304 % |