M
SEHK: 0863
Change
Last
High
Low
Volume
HKD12.90
-0.20 (-1.53%)
12.90
12.90
12.90
6,500
EQS TodayIR | Last Updated: 19 Oct, 2021 09:35 am
SEHK: 0863
Change
HKD12.90
-0.20 (-1.53%)
EQS TodayIR | Last Updated: 19 Oct, 2021 09:35 am

What is Litecoin?

Litecoin (LTC) is an open source, peer-to-peer digital currency that is fully decentralized without any central authorities. Litecoin is largely similar to Bitcoin utilizing similar protocols as Bitcoin except for a few parameter tweaks.

Compared to Bitcoin, Litecoin features faster transaction confirmation times (2.5 minutes) and improved storage efficiency.
With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

Litecoin was founded by Charlie Lee, in 2011, with a total supply capped at 84 million coins.