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Litecoin (LTC)
Scrypt (PoW)
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Daily Volume 38 262,37 Hour trend 0.34 Daily Trend -1.01 Week Trend 7.84
Litecoin Summary information
Ticker Coin Name Price, $ Coin Turnover 24H Market Cap, Available supply Total supply
LTC Litecoin 53.841033078 ~4 503 818,38 3 142 234 370,00 58,361,331 (100%) 58,361,331

Project Description

Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.

The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.

In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.

Technical specifications

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license

 

Project Features

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.

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Litecoin Latest Updates
January 25, 2018 01:44

Litecoin Hangout 24/01/18 (Late Night Live)


January 08, 2018 13:50

Opendime: A Trustless Hardware Wallet (Litecoin/Bitcoin)


December 20, 2017 00:15

Litecoin Hangout (Late Night Live)

Join Me along with ECurruncyHodler and Chris from Always Hodl to talk Litecoin and other a whole bunch of other Crypto topics as well as answer your questions on Late Night Live


November 23, 2017 13:51

Litecoin Discord Talks 22/11/17 (Lightning Network)

This is the first LTC discord talk hosted by 'Ecurrency Holder' about the lightning network and other general questions about Litecoin to Franklyn of the Litecoin Foundation.

If you enjoy this more informal/casual format let me know and I can upload future talks and do more stuff in conversation.

You can join us for future talks here:
https://discordapp.com/invite/MTFJN6f

https://twitter.com/ecurrencyhodler
https://twitter.com/mlpfrank


November 22, 2017 12:31

The Original Lightning Network (Litecoin/Bitcoin)

You've most probably already used a layer 2 network and not even noticed.

Join me for the Discord talk on Lightning and Atomic Swaps:
https://www.reddit.com/r/litecoin/comments/7ecj71/introducing_discord_talks_session_1_lightning/

Twitter:
▨ Franklyn - https://twitter.com/MLPFrank

Music:
♫ Flofilz - malchance
https://soundcloud.com/flofills


November 09, 2017 17:34

LoafWallet anniversary [Litecoin Developer Update]

▸ IOS: https://itunes.apple.com/us/app/loafwallet-litecoin-wallet/id1119332592?mt=8
▸ Android: https://play.google.com/store/apps/details?id=com.loafwallet&hl=en_GB

Development Team:
▨ Franklyn - https://twitter.com/MLPFrank
▨ Loshan - https://twitter.com/l0sh11
▨ Hugo Nguyen - https://twitter.com/hugohanoi
▨ Litecoin Foundation - https://twitter.com/LTCFoundation

Node List
▣ http://litecoinnode.org/ (Active)
▣ https://chainz.cryptoid.info/ltc/#!network (Active)
▣ https://bitinfocharts.com/litecoin/nodes-active/ (Active)
▣ https://bitinfocharts.com/litecoin/nodes/ (Active/Inactive)

Music:
♫ Stevie Wonder - Superstition (C2C Remix)
https://soundcloud.com/c2cdjs/steviewonderc2c
♫ Blue Wednesday - Mr Miyagi
https://soundcloud.com/bluewednesday/mr-miyagi


October 18, 2017 11:59

The 18K Solid Gold Nano S Wallet (Litecoin/Bitcoin)

Purchase:
https://litecoin-foundation.org/product/litecoin-gold-wallet/

Contact The Foundation:
https://litecoin-foundation.org/about-us/

Further Information:
https://litecoin-foundation.org/2017/06/18k-gold-ledger-nano-s-wallet-pre-order/

♪ Darius Ft. Wayne Snow - Lost In The Moment
https://darius.lnk.to/LostInTheMomentALL


August 18, 2017 12:00

[LDU] LoafWallet Anniversary, 18K Gold Nano S, Core 0.14.2, Lightning Network, MAST +More

0.14.2 Release Notes + Download:
https://medium.com/@thrasher_26887/litecoin-core-v0-14-2-release-candidate-ac6dd51f9347

Loafwallet Android Beta:
https://play.google.com/store/apps/details?id=com.loafwallet&hl=en_GB

Loafwallet IOS:
https://itunes.apple.com/us/app/loafwallet-litecoin-wallet/id1119332592?mt=8

P2SH Converter:
https://litecoin-project.github.io/p2sh-convert/

Lightning Network BOLT's:docs
https://github.com/lightningnetwork/lightning-rfc

Litecoin Foundation Finances:
https://litecoin-foundation.org/category/announcement/finance/


July 28, 2017 13:05

User Activated Soft Fork Explained [UASF/BIP148] (Litecoin/Bitcoin)

◉ Sources / Script:
https://docs.google.com/document/d/121YsReAiCUphmG40ntOmyTMidBvAkIErYLglqcZSuuA/edit?usp=sharing

♫ Music:
Ninjoi. - The Way We Were
https://soundcloud.com/kamijoi/the-way-we-were
https://ninjoi.bandcamp.com/

❤ https://twitter.com/mlpfrank

*This video was shot and filmed before BIP91 reached its threshold.


June 01, 2017 14:05

Bitcoin & Litecoin's Big Issue [LAN]

◉ Sources / Script:
https://docs.google.com/document/d/1tSazsHANWRSAOp6n-TxVa8NR8V1PNEXwuPdkyMADtqc/edit?usp=sharing

♫ Music:
Emapea - Baby mind
https://emapea.bandcamp.com/
https://soundcloud.com/emapea/babymind

FloFliz - Dulce
https://soundcloud.com/flofills/flofilz-dulce

❤ https://twitter.com/mlpfrank