LTC
Litecoin price
3.66% Past Week
Market Cap
5.16B
Dayβs Range
52W Range
Volume (1D)
340.27M
Market Dominance
0.36
Market Rank
17
Litecoin Latest News
About Litecoin
Created by Charlie Lee, Litecoin was developed in 2011 with the purpose of acting as a βlite version of Bitcoinβ. Litecoin shares many of the same properties as itβs predecessor, however in a smaller form, and focuses on simplicity and accessible user interface to reach a wider audience. As of August 2021, Litecoin, sold as LTC coins, is the second most-popular βpureβ cryptoasset on the market, behind Bitcoin. Litecoin are also one of the few cryptoassets to offer a wide range of fiat trading pairs e.g. LTCEUR, LTCGBP and LTCAUD.
Litecoin is a decentralised, blockchain based cryptoasset, with over 2000 merchants accepting LTC coins across the world. As of January 2021, over 66 million LTC coins have been mined from a total supply of 84 million coins. In 2020, Litecoin released the βMimbleWimbleβ testnet, a blockchain protocol allowing for a confidential transaction platform, with the use of a unique framework of security. MimbleWimble takes its name from a tongue tying curse in the Harry Potter universe, and they are hoping that this will greatly enhance fungibility and safety for itβs users once they roll it out to the mainnet.
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