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TuffChain profile DalCrypto profile fastnickel profile DalCrypto profile

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add active $101.78 on May 26, 2019


Points in Time
TuffChain profile

Litecoin icon Litecoin at $160.13 on Dec 11, 2017

I remember driving home feeling on top of the world when I heard the news that #CharlieLee was selling all his LTC. I ask myself "Why would he do that?". To make it worst he thought LTC was going to $20. Crazy! Right? Looking back at it now, this was the biggest sign to take profits. From now on I am doing whatever Charlie Lee is doing. #BestPredictions twitter.com/...60192

DalCrypto profile

Litecoin icon Litecoin at $88.42 on Apr 5, 2019

Layer-3application? #Boltz : "An instant, account free, and non-custodial digital asset exchange built on top of the #LightningNetwork." medium.com/...01432

Announcing the first Boltz release!

Today, we are launching Boltz — an instant, account free, and non-custodial digital asset exchange built on top of the lightning network…

fastnickel profile

Litecoin icon Litecoin at $61.70 on Mar 27, 2019

DalCrypto profile

Litecoin icon Litecoin at $59.15 on Mar 26, 2019

Learn more about the #MimbleWimble protocol which Charlie Lee says will be soon adopted by #Litecoin. Do you know that adoption will automatically scale the network and make on-chain transactions anonymous more like #ZCash and #Monero? Check it out:youtu.be/...abRjc

Overview of Litecoin

Litecoin is a global digital currency based on the blockchain, a technology that powers similar currencies such as the Bitcoin. It was created as an improvement of Bitcoin in certain ways such as the speed of processing transactions which about four times faster with extremely low transaction fees and as such can be said to be a fork off Bitcoin. Litecoin is also open source and its source code is available under MIT/X11 license number.

The total number of Litecoins in its finite coinage is 4X the number of total available Bitcoins. The Scrypt algorithm that Litecoin utilizes also needs less processing power and is churned out every 2.5 minutes using the same Proof-of-Work protocol. There is also greater decentralization of the mining operation but to compensate for the less power needed, more processing memory is needed.

Founder: Charlie Lee
Release Date: October 13. 2011

Video about Litecoin