Litecoin LTC
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About
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens. The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for fas
Key Facts
- Genesis Date: 2011-10-08
- Category: Infrastructure
- Market Cap Rank: #26
- Total Supply: 77,152,121 LTC
- Max Supply: 84,000,000 LTC
- Circulating Supply: 77,150,458 LTC
- Official Website: litecoin.org ↗
- Whitepaper: View Whitepaper ↗
- Block Explorer: Explorer ↗
- Twitter: @LTCFoundation ↗
- GitHub: litecoin-project/litecoin ↗
- Reddit: r/litecoin/ ↗
- Hashing Algorithm: Scrypt
- Categories: Infrastructure, Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW), GMCI 30 Index
- All-Time High (USD): $410.26 (2021-05-10)
- All-Time Low (USD): $1.15 (2015-01-14)
- Fully Diluted Valuation: $4,497,315,972
- Additional Mintable: 6,847,879 LTC
Key Facts
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens. The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for fas
- Genesis Date: 2011-10-08
- Market Cap Rank: #26
- Hashing Algorithm: Scrypt
- Total Supply: 77,152,121 LTC
- Max Supply: 84,000,000 LTC
- Circulating Supply: 77,150,458 LTC
- All-Time High (USD): $410.26 (2021-05-10)
- All-Time Low (USD): $1.15 (2015-01-14)
- Fully Diluted Valuation: $4,497,315,972
- Categories: Infrastructure, Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW), GMCI 30 Index
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