Cryptocurrency Markets, Actual Rates and Cryptocurrency Charts

Litecoin LTC

-6.53
54,26 USD
0,008586 BTC
Market Cap
3 143 508 616 USD
495 808 BTC
Volume (24h)
243 085 292 USD
38 340 BTC
Circulating Supply
57 936 523 LTC
Max Supply
57 936 523 LTC

Litecoin to Bitcoin - Similar But Not The Same

Litecoin was built very similarly to Bitcoin cryptocurrency though with some notable differences. Its maximum supply is 84 million coins comparing to Bitcoin’s 21 million, but the block processing time is 2.5 minutes (four times faster than BTC) making its transactions easier to process and confirm. Litecoin uses a different to Bitcoin hash algorithm that allows mining the blocks quicker and more energy efficiently, i.e., even a PC with a decent graphics card might do.

LTC Coin Technical Stuff

Its ticker symbol is LTC; it’s a peer-to-peer project with an open-source code. Litecoin has got its equivalent to Satoshi which is called Litoshi, while one million’s of a Litecoin is called a lite and one thousand’s a Photon. LTC was incepted in 2011 making it one of the oldest active cryptocurrencies.

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