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litecoin Litecoin (LTC)

$219.72
8.30% (24H)
Watch
Market CapVolumeAvailable Supply
$14.67 B$7.37 B66.75 M LTC

Litecoin has a market cap of $14.67 B. Its price is 8.30% up in the last 24 hours.

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.

Why Litecoin?
Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.

Litecoin Technical Details:
The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.

Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However, it is said that by the end of this year, Scrypt ASIC will enter the mass market.


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Starting today, you can now use Litecoin ($LTC) as a payment method on Bitplaza the giant global shopping app! 🛍️🛒📱 #PaywithLitecoin #Litecoin #Litecoin10
https://www.einnews.com/pr_news/554598253/bitplaza-shopping-app-now-supports-litecoin-payments

I received a draft of the audit report yesterday. There was a small, but critical merge issue & a few lower severity problems.

I should have the final report early this week, after which I will update the schedule on http://wenmweb.com

Overall, things are looking great! 🥳

Active addresses don't tell the entire story, but there are still sub-plots to every story.

#LTC active addresses went over 700k for the 1st time ever on Oct 14, 2021

#Ethereum active addresses have been on a decline since May 2021

Some potentials reasons?

A thread...

O guia da #Litecoin https://www.amazon.com/Guia-Litecoin-LTC-Litecoin-Portuguese/dp/1726817555

In Portuguese amigos. 3 years ago I wrote a book in Portuese called The Litecoin Guide. It was based of few volunteer translations I did early on for the @LTCFoundation sales are picking up now. Go #LTC 🚀

Official: @SatoshiLite ⚡ will be speaking at @LABlockchainSmt in an interview with @missteencrypto ✨

Free tickets 🎟️ for #LitecoinFAM at http://lablockchainsummit.com runs November 2-4!! #Litecoin $LTC #LABlockchainSummit

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