Litecoin (LTC) is a peer-to-peer cryptocurrency that was set up by Charlie Lee (a former Google employee) in 2011. It shares many similarities with bitcoin and is based on bitcoin’s original source code .
Read moreWhat started Litecoin?
From the end of March 2017 Litecoin starts its second bull market. It rises from $3 at the end of March 2017 to $50 in July 2017 and reaches $80 in September 2017.
Read moreShould you buy Litecoin 2021?
However, according to its analysis, from July, the LTC will show some small but positive rises each month. By December of 2021, it will have a possible maximum value of around $160 with an average of $128 . Overall, the platform forecasts Litecoin’s projection growth.
Read moreIs Litecoin more efficient than Bitcoin?
On average, new blocks on the Litecoin network are generated every 2.5 minutes, which is four times faster than Bitcoin , where blocks are mined approximately every 10 minutes. Consequently, Litecoin’s transaction throughput is also roughly four times faster than Bitcoin’s.
Read moreWho made LTC?
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 so special about Litecoin?
Litecoin is 4 times faster than Bitcoin In the case of Litecoin, this crypto network earns gold stars. While not necessarily the fastest digital currency among the mega-cap cryptocurrency networks, Litecoin remains a great option for those looking to transfer significant sums of money.
Read moreWhy should I buy Litecoin?
Litecoin is faster than Bitcoin Peer-to-peer money transfer is the main reason why most digital coins exist. It means that individuals can send money to each other without needing a third party or intermediaries like a bank or money transfer agency.
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