
Litecoin (LTC) - USDT
₮ 107.59
Just now
-1.46%
Mkt. Cap.
₮ 8.19 B
Vol. 24H
Ł 1.00 M
(₮ 108.65 M)
Open 24h
₮ 109.18
Low/High 24h
₮ 106.77
-
₮ 110.53
Whitepaper
Launch Date
2011-10-08
Max Supply
84,000,000.00
Total Supply
76,130,826.98
Circulating Supply
76,130,826.98
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Work
Hashing Algorithms
Scrypt
Block Nr.
2,941,244.00
Block Reward
6.28
Network H/s
2,751,434,283,839,943.00
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.