What is Litecoin (LTC)?
Litecoin (LTC) claimed the status of silver (compared to Bitcoin’s gold status). It works very similar to Bitcoin and differs mainly in parameters such as hashing algorithm (scrypt), coin supply limit (84 million) and average blocktime(2.5 minutes).
Litecoin was launched in 2011 by former Google engineer Charlie Lee, in order to enable CPU mining at a time when GPUs took over as Bitcoin’s primary mining driver. However people later managed to port Scrypt over to GPU as well as ASICs, yet tecoin has still managed to remain mostly in top 10 cyptocurrency list (ordered by market capitalization).
- Historical Data
- Ransomware Attacks Are Exploding in the Education SectorCointelegraph.com News - 5 hours agoA Verizon report highlights the growing number of ransomware attacks across educational services. Educational services across the globe have been witnessing a surge in ransomware…
- Ahead of Ethereum 2.0 Launch, 3 Key Metrics Point to ETH Price SurgeCointelegraph.com News - 6 hours agoWhile Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH.…
- Price Analysis 5/25: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADACointelegraph.com News - 6 hours agoSeveral major cryptocurrencies have turned down from their resistance levels, hinting that further downside could occur in the short-term. Bitcoin (BTC) has neither run away…
- Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1Cointelegraph.com News - 7 hours agoThe race for third place is still far from over. Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as…
- Libra Exec Hirings Suggest Commitment to Anti-Crypto RegulationsCointelegraph.com News - 8 hours agoExperts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines. Following a big-time update to its white paper…