Litecoin (LTC) is an alternative cryptocurrency created in October 2011 by Charles “Charlie” Lee , a former Google engineer. Litecoin was adapted from Bitcoin’s open-source code but with several modifications.
Read moreWhat is Litecoin vs Bitcoin?
The Bitcoin supply is limited to 21 million coins, while Litecoin’s maximum supply is capped at 84 million coins . 94 Just like the Litecoin network processes crypto transactions four times faster, Litecoin’s maximum coin supply is four times higher than that of Bitcoin.
Read moreWho is behind Litecoin?
Charles Lee is a computer scientist, best known as the creator of Litecoin. He serves as the managing director of the Litecoin Foundation.
Read moreWhat is litecoin used for?
Litecoin, like all virtual currencies, is a form of digital money. Both individuals and institutions can use Litecoin to purchase things and transfer funds between accounts .
Read moreShould I buy litecoin 2020?
Walletinvestor.com, known for their pragmatic forecasts, refers to LTC as a “bad, high-risk one-year investment option .” According to their Litecoin predictions, the coin is expected to lose in value significantly, with its price falling to $4.5 by August 2020.
Read moreIs Charlie Lee still in litecoin?
Lee is currently working full-time with the Litecoin Foundation on fostering Litecoin adoption.
Read moreIs Charlie Lee Chinese?
Lee was born in Ivory Coast , moved to the United States at the age of 13, and graduated from high school in 1995 He graduated from the Massachusetts Institute of Technology with bachelor’s and master’s degrees in computer science in 2000. Lee’s brother, Bobby Lee, is the founder of cryptocurrency exchange BTC China.
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