Litecoin (LTC) Price, Info & Live Chart

• Litecoin description

Launched in 2011 by former Google engineer Charlie Lee, Litecoin (LTC) was created as a "lighter" version of Bitcoin, with the goal of making transactions faster and more efficient. Built on the Bitcoin protocol, Litecoin offers quicker block generation times (2.5 minutes compared to Bitcoin’s 10 minutes), which allows for faster transaction confirmations. This makes Litecoin well-suited for day-to-day payments and smaller transactions. Additionally, Litecoin uses the Scrypt hashing algorithm instead of Bitcoin’s SHA-256, making mining more accessible to a wider range of users without requiring specialized hardware. Over the years, Litecoin has established itself as one of the most reliable and enduring cryptocurrencies, often referred to as "silver to Bitcoin’s gold." It has a maximum supply of 84 million coins, four times that of Bitcoin, which contributes to its perception as a more abundant and affordable digital currency. While Litecoin doesn’t have the same widespread adoption as Bitcoin, it is accepted by many online merchants and payment processors, and its lower fees and faster processing times make it a popular choice for users. It also serves as a testbed for future Bitcoin updates, with the Segregated Witness (SegWit) feature and Lightning Network first implemented on Litecoin before being applied to Bitcoin. Overall, Litecoin remains a top cryptocurrency for those seeking fast, secure, and low-cost transactions.

• Summary

• Symbol: LTC
• Chain Name: htx-token
• Token Address: 0xecb56cf772b5c9a6907fb7d32387da2fcbfb63b4


• Website: Official Website
• Source Code: Coin Source Code
• Explorer: Coin Explorer
• Announcement: Announcement Channel