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
- Stake or DApp? With liquid staking, you don’t have to chooseCointelegraph.com News - 4 hours agoImplementation of liquid staking addresses worrisome price fluctuations and helps users to generate higher rewards by combining staking payouts and DApp yield. Last summer, Polkadot…
- 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins followCointelegraph.com News - 9 hours agoRecession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will…
- OpenSea launches 'Seaport' marketplace protocol allowing NFT barteringCointelegraph.com News - 9 hours ago“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said…
- Florida Rep. Donalds introduces Financial Freedom Act companion bill in the HouseCointelegraph.com News - 9 hours agoThe Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. Rep.…
- FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: ReportCointelegraph.com News - 9 hours agoThe United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. Sarah…