Litecoin

Posted on : by : BlockGlossary

Share This

What is Litecoin? Litecoin Meaning

Litecoin is a decentralized cryptocurrency built on Blockchain technology which is a direct fork of Bitcoin code but with increased Block size.

Litecoin was created by Charlie Lee in 2011.

It is represented with LTC just as USD for Dollars! See Altcoin.

Full Name: Litecoin

Symbol: LTC

Total Supply: 86Million

Blockchain: Litecoin

Launched: 13th October 2011

Launched Price: $1USD = 2LTC

Genesis Address: Unknown

Programming Language: C++

Mineable: Yes

Modes of Mining: PoW

Founder/Developer(s): Charlie Lee

Digits: 8(0.00000000)

Smallest Unit: Litoshi. 1LTC = 100,000,000 Litoshi

Forked From: Bitcoin Code

Forked Coins: Junkcoin(JKC)/May,2013 || Monacoin(MONA)/December,2013 || FeatherCoin (FTC)/16thApril,2013 || CloakCoin (CLOAK)/2014 || Einsteinium (EMC2)/1stMarch,2014 || Litecoin Cash (LCC)/20thFebruary2018

Algorithm: SHA256 (Now uses new algorithm known as Scrypt)

Website: Bitcoin.org

Twitter: @Bitcoin

Facebook: Litecoin.org

Telegram: @Litecoin

Reddit: Reddit.com/r/Litecoin/

« Back to Dictionary Index

By using this website you agree to accept our Privacy Policy and Terms & Conditions