Litecoin
Litecoin Price
3254.21
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Market Cap Rank
9
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Total Supply
84000000
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Circulating Supply
65039591.8853833
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24h Low
3233.54
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24h High
3287.6
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24h Vol
68234998850
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What is Litecoin ?
Litecoin(LTC) is a peer-to-peer digital currency released under the MIT/X11 license. The Creation and exchange of coins is based on a decentralized open source cryptographic protocol that is not managed by any central authority. It is having almost zero payment cost of transaction for sending payment to anyone in the world. As compare to others Litecoin facilitate faster transaction confirmation times and improved storage efficiency. The Block chain of Litecoin is capable of handling higher volume of transactions due to more frequent block generation property. Because of the Frequent Block Generation Property the network supports more transactions without modification of network.
History of Litecoin ?
Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a former Google employee. The Litecoin network went live on October 13, 2011. The Reason behind its creation was to improve upon bitcoin. In May 2017, Litecoin became the first of the top-5 cryptocurrencies to adopt Segregated Witness.
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