What is Litecoin?

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).


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* Currency in USD
Historical Price for Litecoin
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Litecoin Markets
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  • BlockFi files for bankruptcy
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 26 minutes ago
    The cryptocurrency lender BlockFi became the latest victim of the financial contagion released by the fall of Sam Bankman-enterprise Fried’s on Monday when it announced…
  • Canadian cryptocurrency exchange Coinsquare claims that client data has been hacked.
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 1 hour ago
    Coinsquare, which is one of the largest cryptocurrency exchanges in Canada, had recently reported that its exchange had experienced a data breach. The business, on…
  • Aave halts 17 Ethereum-based token lending markets
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 1 hour ago
    The popular DeFi platform Aave temporarily halts lending markets for 17 Ethereum-based tokens comprising 5 stablecoins as the market situation of these assets is currently…
  • Matrixport is seeking $100 million at a valuation of $1.5 billion.
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 1 hour ago
    Matrixport has the goal of raising $100 million and is now operating at a greater value. In addition, Matrixport Technologies Pte, which is also known…
  • El Salvador Opens National Bitcoin Office (ONBTC)
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 2 hours ago
    The government of El Salvador has formed a National Bitcoin Office, abbreviated as ONBTC, to monitor local initiatives linked to cryptocurrencies and digital assets in…