This portrait is made from available online data and is information only. Please read the disclaimer*.
What is Litecoin ?
Litecoin is a peer-to-peer cryptocurrency founded and built by Charlie Lee. He based the Litecoin protocol based on Bitcoin but made some major programing changes in terms of the hashing algorithm, the the max amount of coins (4x) and block producing time (1/4). This resulted in faster and less costly transactions.
Litecoin nevertheless always remained in the shadow of Bitcoin and is seens as crypto silver, although Litecoin is much more suitable to become a means of exchange and a mass adopted digital global currency.
Litecoin is going to implement mimblewimble protocol for privacy transactions in 2020.
|architecture:||blockchain crypto currency|
|blockchain:||own / public|
|consensus algorithm:||proof-of-work / mining|
|usability:||currency and means of exchange|
|launch date:||Aug 2013|
|max supply:||84 mill.|
|wallets:||all major multi currency wallets|
Litecoin on recommended exchanges*
Where to buy and trade Litecoin. LTC is available on all major crypto exchanges globally. This is a small choice of some of the leading crypto exchanges:
Klick to find all important information about the leading crypto coins and token in a nutshell:
Multi currency wallets
Multi currency wallets can store different kinds of coins and tokens, mostly all the leading coins, Ethereum ERC20 token, Neo NEP5 and Binance BEP2 token and many other coins and token.
The most advanced wallets offer staking and exchanging or swaping too.
|Atomicwallet||Trust wallet||Coinomi wallet|