Litecoin Rank 8
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66,363,236 LTC

Litecoin
Litecoin
LTC

Litecoin Price
$133.11

Litecoin 24h Vol
$5,788,849,475

Litecoin Market Cap
$8,833,904,465

24h Vol
180,032 BTC
1 H
-2.07 %
24 H
-3.91 %
7 d
-13.86 %
Today Litecoin price in US dollars is currently 133.11 USD, and if converted to Bitcoin is 0.00413983 BTC. A total of 274,733 coin's are currently circulating in the Market. Litecoin prices are currently experiencing a change of -3.91 %, check all cryptocurrency. Over the past 24 hours 57.888 M US dollars Litecoin has been traded on Crypto Exchanges. Get Litecoin's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Litecoin
Symbol
LTC
Algorithm
Scrypt
BTC Price
0.00413983 BTC
BTC Market
274,733 BTC
BTC 24h Vol
180,032 BTC
Total Coins Mined
66,363,236 LTC
1h
-2.07 %
24h
-3.91 %
7d
-13.86 %
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Description

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.

Technology

Technology


- 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

 

Features

Features