Litecoin involves the creation and transfer of digital coins via an open source, cryptographic protocol. It uses blockchain technology to record a decentralised, public ledger of all transactions.
Read moreWhat is LTC crypto used for?
Litecoin is a cryptocurrency that was founded in 2011, two years after Bitcoin, by a former Google engineer named Charlie Lee. Litecoin can be used as an avenue for paying people anywhere in the world without an intermediary having to process the transaction .
Read moreWhat is the highest Litecoin has ever been?
Litecoin Historical Price Data Litecoin’s supply is hard-capped at 84,000,000 LTC , with 66,752,414 LTC in circulation. In 2017 Litecoin reached its all-time high of $417 on Coinbase before falling back down to roughly $20.
Read moreDoes LTC have a max supply?
Litecoin has a maximum circulating supply of 84,000,000 LTC , which is four times larger than Bitcoin’s maximum circulating supply of 21,000,000 BTC.
Read moreWhat coin is LTC?
What Is Litecoin (LTC)? Litecoin (LTC) is a cryptocurrency that was founded in 2011, two years after Bitcoin, by a former Google engineer named Charlie Lee. Like Bitcoin, Litecoin is based on an open-source global payment network that is not controlled by any central authority.
Read moreIs LTC a good investment?
Users can process transactions on its platform four times faster than on the bitcoin blockchain. Litecoin might not be the fastest now, but it shows some promising technological developments making it a worthwhile investment . A project that keeps on innovating and evolving is a good investment.
Read moreIs BTC better than LTC?
Which is better depends on your goals, what you want to do with your coins, and your views on cryptocurrency. Litecoins are generated faster than Bitcoin, but Bitcoin is worth more . Bitcoin might be better if you want more value per coin, while Litecoin might be better if you want more coins at a lesser value.
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