
Litecoin (LTC) - CNY
¥ 347.80
7 years ago
0.00%
Mkt. Cap.
¥ 26.40 B
Vol. 24H
Ł 0
(¥ 0)
Open 24h
¥ 347.80
Low/High 24h
¥ 347.80
-
¥ 347.80
Whitepaper
Launch Date
2011-10-08
Max Supply
84,000,000.00
Total Supply
75,914,876.98
Circulating Supply
75,914,876.98
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Work
Hashing Algorithms
Scrypt
Block Nr.
2,906,692.00
Block Reward
6.27
Network H/s
2,503,201,458,806,896.00
Litecoin (LTC) is a digital currency designed for fast, low-cost payments over the internet. Created by Charlie Lee in 2011 as an alternative to Bitcoin, it offers improved transaction times and a higher maximum supply, using a different algorithm (scrypt) for mining. Litecoin facilitates peer-to-peer transactions without a central authority, making it suitable for a wide range of financial activities, from everyday purchases to trading and investment. Its creation by a former Google engineer aimed to address and improve upon some of Bitcoin's limitations, establishing Litecoin as a practical complement to Bitcoin in the digital currency ecosystem.