Litecoin

Litecoin

Created using Figma
Created using Figma
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.
  • Market
    Price
    Open 24H
    Range 24H
    Volume 24H
    Change 24H
  • Coinbase
    20 hours ago
    $ 24.96
    $ 25.17
    L: $ 24.11
    H: $ 26.62
    $ 5.207 M
    -0.83%
  • Bitfinex
    20 hours ago
    $ 25.67
    $ 25.95
    L: $ 24.77
    H: $ 27.60
    $ 4.39 M
    -1.07%
  • P2PB2B
    20 hours ago
    $ 26.66
    $ 27.13
    L: $ 26.23
    H: $ 28.32
    $ 989.696 K
    -1.72%
  • Bitstamp
    20 hours ago
    $ 24.94
    $ 25.24
    L: $ 24.06
    H: $ 26.61
    $ 884.694 K
    -1.19%
  • Bitlish
    22 hours ago
    $ 24.40
    $ 24.53
    L: $ 24.35
    H: $ 26.32
    $ 654.193 K
    -0.53%
  • Kraken
    20 hours ago
    $ 24.93
    $ 25.17
    L: $ 24.08
    H: $ 26.58
    $ 544.245 K
    -0.95%
  • BitTrex
    20 hours ago
    $ 24.90
    $ 24.76
    L: $ 24.00
    H: $ 26.31
    $ 277.698 K
    0.57%
  • IndependentReserve
    one day ago
    $ 24.87
    $ 24.87
    L: $ 24.87
    H: $ 24.87
    $ 194.553 K
    -
  • Gemini
    20 hours ago
    $ 24.99
    $ 25.16
    L: $ 24.14
    H: $ 26.60
    $ 167.602 K
    -0.68%
  • BTCAlpha
    20 hours ago
    $ 25.91
    $ 26.21
    L: $ 25.22
    H: $ 27.92
    $ 77.037 K
    -1.16%
  • SingularityX
    20 hours ago
    $ 24.93
    $ 25.35
    L: $ 24.40
    H: $ 26.44
    $ 70.666 K
    -1.66%
  • Exenium
    20 hours ago
    $ 24.29
    $ 24.58
    L: $ 23.51
    H: $ 25.88
    $ 57.274 K
    -1.16%
  • Exmo
    20 hours ago
    $ 25.91
    $ 26.27
    L: $ 25.06
    H: $ 27.73
    $ 44.277 K
    -1.38%
  • Coinroom
    20 hours ago
    $ 23.16
    $ 23.83
    L: $ 23.05
    H: $ 27.64
    $ 39.192 K
    -2.83%
  • LiveCoin
    20 hours ago
    $ 25.27
    $ 25.02
    L: $ 24.61
    H: $ 26.80
    $ 34.013 K
    0.99%
  • OKCoin
    20 hours ago
    $ 24.88
    $ 25.19
    L: $ 24.07
    H: $ 26.50
    $ 32.27 K
    -1.23%
  • Incorex
    20 hours ago
    $ 25.09
    $ 25.91
    L: $ 24.27
    H: $ 27.37
    $ 24.592 K
    -3.16%
  • Simex
    one day ago
    $ 24.84
    $ 25.19
    L: $ 24.75
    H: $ 30.90
    $ 20.712 K
    -1.36%
  • DSX
    20 hours ago
    $ 25.10
    $ 25.58
    L: $ 24.41
    H: $ 27.10
    $ 19.119 K
    -1.88%
  • Coinsbit
    20 hours ago
    $ 25.65
    $ 25.95
    L: $ 24.87
    H: $ 27.54
    $ 11.111 K
    -1.16%
  • Yobit
    20 hours ago
    $ 26.67
    $ 27.11
    L: $ 25.92
    H: $ 28.34
    $ 4.896 K
    -1.65%
  • Bitsane
    21 hours ago
    $ 25.58
    $ 27.41
    L: $ 24.93
    H: $ 27.78
    $ 4.104 K
    -6.66%
  • BitexBook
    20 hours ago
    $ 33.39
    $ 36.92
    L: $ 31.00
    H: $ 41.04
    $ 89.78
    -9.55%
  • BitBay
    22 hours ago
    $ 24.27
    $ 23.46
    L: $ 23.46
    H: $ 25.61
    $ 22.13
    3.45%
  • Ore
    23 hours ago
    $ 25.32
    $ 25.61
    L: $ 25.32
    H: $ 25.61
    $ 6.19
    -1.13%
  • StocksExchange
    one day ago
    $ 25.00
    $ 25.00
    L: $ 19.00
    H: $ 25.00
    $ 4.88
    -
  • WavesDEX
    one day ago
    $ 33.00
    $ 33.00
    L: $ 33.00
    H: $ 33.00
    $ 6.95
    -
  • Graviex
    21 days ago
    $ 40.00
    $ 40.00
    L: $ 40.00
    H: $ 40.00
    -
    -
  • CCEDK
    2 one year ago
    $ 3.95
    $ 3.95
    L: $ 3.95
    H: $ 3.95
    -
    -
  • Nexchange
    2 months ago
    $ 65.54
    $ 65.54
    L: $ 65.54
    H: $ 65.54
    -
    -
  • TheRockTrading
    one year ago
    $ 35.00
    $ 35.00
    L: $ 35.00
    H: $ 35.00
    -
    -
  • WEX
    19 days ago
    $ 69.37
    $ 69.37
    L: $ 69.37
    H: $ 69.37
    -
    -
  • BTCE
    one year ago
    $ 41.28
    $ 41.28
    L: $ 41.28
    H: $ 41.28
    -
    -
  • CoinHub
    13 days ago
    $ 29.62
    $ 29.62
    L: $ 29.62
    H: $ 29.62
    -
    -
  • Poloniex
    one month ago
    $ 49.30
    $ 49.30
    L: $ 49.30
    H: $ 49.30
    -
    -
  • ExtStock
    one month ago
    $ 50.69
    $ 50.69
    L: $ 50.69
    H: $ 50.69
    -
    -
  • BitFlip
    20 days ago
    $ 54.88
    $ 54.88
    L: $ 54.88
    H: $ 54.88
    -
    -
  • CCEX
    2 days ago
    $ 24.00
    $ 24.00
    L: $ 24.00
    H: $ 24.00
    -
    -
  • BTCChina
    3 months ago
    $ 67.40
    $ 67.40
    L: $ 67.40
    H: $ 67.40
    -
    -
  • Cryptsy
    2 one year ago
    $ 3.29
    $ 3.29
    L: $ 3.29
    H: $ 3.29
    -
    -
  • CoinsBank
    6 months ago
    $ 122.14
    $ 122.14
    L: $ 122.14
    H: $ 122.14
    -
    -
  • Cexio
    one year ago
    $ 4.37
    $ 4.37
    L: $ 4.37
    H: $ 4.37
    -
    -
  • Gatecoin
    13 days ago
    $ 30.99
    $ 30.99
    L: $ 30.99
    H: $ 30.99
    -
    -

About Litecoin

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.

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.

Technical Info

- 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

Activity

Followers:
31 552
VERY HIGH
Tweets:
139
MEDIUM
30 Days Growth:
-29
Members:
27 284
VERY HIGH
Investors Detected:
12.11%
30 Days Growth:
-1519
Alexa
Rank:
208 244
HIGH
Delta:
-17 973
Year commits:
261
Watchers:
548
Stars:
3 214
Forks:
2 127
Open issues:
32

Last News

$ 24.07
-3.01%
Coin Stats
Daily, %:
-3.01%
Weekly, %:
-22.22%
Monthly, %:
-54.05%
Market Info
Market Cap:
$ 1.433 B
Volume 24h:
$ 437.784 M
Circ. Supply:
59.521 M LTC
Ticker:
LTC
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