
Litecoin (LTC) - EUR
€ 86.61
Just now
2.95%
Mkt. Cap.
€ 6.59 B
Vol. 24H
Ł 87.58 k
(€ 7.48 M)
Open 24h
€ 84.13
Low/High 24h
€ 82.13
-
€ 87.68
Whitepaper
Launch Date
2011-10-08
Max Supply
84,000,000.00
Total Supply
76,084,251.98
Circulating Supply
76,084,251.98
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Work
Hashing Algorithms
Scrypt
Block Nr.
2,933,792.00
Block Reward
6.25
Network H/s
2,399,483,445,274,214.00
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.