$ 62.79
0.00257200 BTC
$ 4,453,529,811
Volume (24h)
$ 317,949,613
Circulating Supply
70,930,733 LTC
Total Supply
84,000,000 LTC

What is Litecoin?

Litecoin (LTC) is a peer-to-peer crypto currency claimed as the 'silver' currency. Bitcoin is the most popular crypto currency, but Litecoin is becoming more and more popular. It has a market capitalization of about 12 Billion dollar, one of the most popular cryptocurrencies.

What is Litecoin?
Litecoin works very simular as the Bitcoin technology. The main differency is in parameters such as hashing algoryth, the coin supply limit (wiich is only 84 million) and the average blocktime of 2,5 minutes.
The cryptocurrency Litecoin was founded in 2011 by Charlie Lee. He is a former Google engineer and did reach on CPU mining at a time when GPUs took over as Bitcoin main mining engine.

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