What is Litecoin (LTC)?

Litecoin (LTC) is a decentralized peer-to-peer virtual currency created from a copy of Bitcoin’s (BTC) source code. Founded in October 2011 (two years after BTC) by former Google engineer Charlie Lee, Litecoin (LTC) is considered one of the first successful altcoins in the industry.

How does Litecoin (LTC) Work?

Litecoin (LTC) seeks to improve on some of Bitcoin's shortcomings by offering lower transaction fees, faster block times, higher transaction throughput, and better decentralization.

What is Litecoin (LTC) Used for?

Bitcoin (BTC) and Litecoin (LTC) are both secured by the proof-of-work (PoW) consensus mechanism but use different hash functions. Litecoin’s (LTC) Scrypt hashing algorithm is more memory-intensive than Bitcoin’s SHA-256, making it less susceptible to ASIC mining dominance.

What Is the Market Cap of Litecoin (LTC)?

Additionally, Litecoin has a shorter block generation time compared to Bitcoin, allowing for faster transaction confirmations and quicker network updates.

What is Litecoin’s (LTC) Circulating Supply?

Due to its fast block times and low transaction costs, Litecoin is widely considered a good fit for microtransactions and point-of-sale payments.

What is Litecoin (LTC) Mining?

Litecoin (LTC) currently has a market capitalization of 6 817 465 582,50 USD

How to Buy Litecoin (LTC)?

The current circulating supply of Litecoin (LTC) is 75 224 812,05 USD

Set real-time Litecoin (LTC) price alerts in US Dollar (USD). Get notified by email or with the TabTrader app when LTC or other 20k+ cryptocurrencies hits your chosen price level.

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Price alert

LTC

04:59, 23 listopada 2024 0

Zaawansowany wykres

LTC Dane na żywo o cenie ( Litecoin )

LTC is gaining momentum this week

As of today, according to the TabTrader Converter, Litecoin is valued at 90,6279 USD, with a 24-hour trading volume amounting to 1 mld USD. LTC has risen by +1.67%% in the past 24 hours and has increased by +31.72%% over the last month. The total supply of LTC is 84 mln USD, while the current circulating supply is 75,22 mln USD.

Wartość rynkowa

6,82 mld USD

Podaż w obiegu

75,22 mln USD

Wolumen (24h)

1 mld USD

Fully Diluted Market Cap

7,61 mld USD

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FAQs on Litecoin crypto price alerts

: Litecoin (LTC) is a decentralized peer-to-peer virtual currency created from a copy of Bitcoin’s (BTC) source code. Founded in October 2011 (two years after BTC) by former Google engineer Charlie Lee, Litecoin (LTC) is considered one of the first successful altcoins in the industry.
: Litecoin (LTC) seeks to improve on some of Bitcoin's shortcomings by offering lower transaction fees, faster block times, higher transaction throughput, and better decentralization.
: Bitcoin (BTC) and Litecoin (LTC) are both secured by the proof-of-work (PoW) consensus mechanism but use different hash functions. Litecoin’s (LTC) Scrypt hashing algorithm is more memory-intensive than Bitcoin’s SHA-256, making it less susceptible to ASIC mining dominance.
: Additionally, Litecoin has a shorter block generation time compared to Bitcoin, allowing for faster transaction confirmations and quicker network updates.
: Due to its fast block times and low transaction costs, Litecoin is widely considered a good fit for microtransactions and point-of-sale payments.
: Litecoin (LTC) currently has a market capitalization of 6 817 465 582,50 USD
: The current circulating supply of Litecoin (LTC) is 75 224 812,05 USD